6300 S Cedar St
Lansing, MI 48911
Cedar Street Plaza | Panera Bread (Corporate) · Retail Property For Sale

The Jonna Group of Marcus & Millichap has been selected to exclusively represent the sale of Cedar Street Plaza, a three-tenant shopping plaza located in Lansing, Michigan. The subject site is 100 percent occupied and includes national tenants Panera Bread (Corporate), ATI Physical Therapy and Xfinity (Let’s Talk Mobile) all operating on NNN leases. The Panera Bread represents over 51 percent of the property. This Panera Bread location is an ideal relocation store and has been operating on this corridor since 1991. The subject site is a brand new 2019 construction, 8,654-square foot plaza on 1.6 acres. Cedar Street Plaza is strategically situated with high visibility and exposure on South Cedar Street which sees over 38,000 vehicles per day. The subject site is adjacent to I-96 which sees over 44,000 vehicles per day and is adjacent to a busy Meijer Superstore. The stellar location benefits from being well-positioned in a dense retail corridor and surrounded by many other notable retailers in the immediate vicinity that include: Lowe’s, Kroger, Target, Menard’s, Five Below, Dollar Tree, ALDI, Planet Fitness, Burger King, Taco Bell, McDonald’s, Wendy’s, KFC, Starbucks and more. The subject site has of over 125,000 people in a five-mile radius, over 51,000 households in a five-mile radius and an average household income of over $55,000 in five miles.Lansing is the capital of the U.S. state of Michigan. Lansing is located mostly in Ingham county, although portions of the city extend west into Eaton County and north into Clinton County. With a population exceeding 114,297 individuals, Lansing is the fifth largest city in the state. The Lansing Metropolitan Area, colloquially referred to as “Mid-Michigan,” is an important center for educational, cultural, governmental, commercial and industrial functions. Lansing is home to many great tourist destinations. Michigan State University, a member of the big ten conference, known as “the pioneer land grant college,” is located just 10 minutes from the subject property.