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5924 W Saginaw Hwy
Lansing, MI 48917
2 Tenant NNN Center | New 15-Year Lease · Retail Property For Sale
Investment Highlights
- 100% Occupied Two-Tenant Retail Center | Corporately Guaranteed NNN Leases
- Minimal Landlord Responsibilities | Reimbursed by Tenants | New Roof in 2014, Still Under Warranty | Portion of Parking Lot and LED Parking Lot Lighti
- Nearby National Retail: Target, Meijer, ALDI, Kroger, Kohl’s, Best Buy & TJ Maxx
- Buddy’s Lease Features 10% Rent Increases Every Five Years | Next Increase in 2025 | Buddy’s Spent Over $1 Million on Their Build-out
- Core Retail Corridor - Nearly Nine Million Square Feet of Retail Within Five Miles
- More than 115,000 People Within Five Miles | Increasing Population Demographics
Property Facts
Property Type
Retail
Property Subtype
Building Size
9,942 SF
Building Class
B
Year Built
2014
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.15
Lot Size
1.57 AC
Zoning
C2
Parking
120 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
225’ on W Saginaw
Amenities
- Bus Line
- Corner Lot
- Pylon Sign
- Restaurant
Property Taxes
| Parcel Number | 040-011-300-140-00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $857,600 |
Property Taxes
Parcel Number
040-011-300-140-00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$857,600
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