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6421 W Saginaw Hwy
Lansing, MI 48917
Walgreens | 12+ Yrs | Absolute NNN · Retail Property For Sale

Property Facts

Property Type
Retail
Property Subtype
Drug Store
Building Size
14,559 SF
Building Class
B
Year Built
2004
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
1.64 AC
Zoning
CE
Parking
64 Spaces (4.4 Spaces per 1,000 SF Leased)
Frontage
261’ on W Saginaw Hwy

Amenities

  • Drive Thru

About 6421 W SAGINAW HWY , LANSING, MI 48917

* Absolute NNN Lease - Zero Landlord Responsibilities * 14,559 Square Foot Walgreens Store Situated on 1.64 Acres of Land * Drive Thru Location * 12+ Years Remaining on the Firm Term of the Lease * S&P Rated "BBB" - Investment Grade Tenant * Preferred Option Structure - 10, 5 Year Option Hard Corner Location at a Signalized Intersection - Strong Visibility and Traffic Counts - No Drugstore Competition at the Intersection * No Direct Drug Store Competition in the Immediate Vicinity - The Closest CVS and Rite Aid is 2 Miles to the East in a Different Submarket * Multiple Points of Ingress/Egress and Excellent Signage and Visibility * Surrounded by Wide Variety of National Retailers and Commercial Businesses - Directly Across the Street from a Kroger and Kohl's Anchored Center

Property Taxes

Property Taxes

Parcel Number
040-015-200-220-00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,120,800
  • Listing ID: 11928618

  • Date on Market: 3/15/2018

  • Last Updated:

  • Address: 6421 W Saginaw Hwy, Lansing, MI 48917

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