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- LoopNet Team
6528 W Saginaw Hwy
Lansing, MI 48917
Retail Property For Sale
PROPERTY FACTS
AMENITIES
- Bus Line
- Pylon Sign
- Signage
ABOUT 6528 W SAGINAW HWY , LANSING, MI 48917
Marcus & Millichap is pleased to present an exclusive offering for a triple net leased Kohl’s department store totaling 95,161 square feet on 9.6 acres in Lansing, MI. Kohl’s recently executed a 10 year lease extension, now expiring February 2030. Kohl’s has been at this location since 1999. Landlord maintenance responsibilities are limited to parking lot repaving and replacement. The parking lot was repaved in 2019. Tenant maintains building, including roof. Kohl’s credit rating is currently BBB, investment grade, by Standard & Poor’s. The property is located two miles east of the I-96 interchange on Saginaw Highway, a highly dense retail corridor consisting of national and retail tenants. The average daily traffic count on Bus.43/Saginaw Hwy. is 28,000 vehicles per day. Nearby retailers include Menards, Lowe’s, Michaels, Tractor Supply, Ulta, Hobby Lobby, Burlington Coat, Target, Meijer and Lansing Mall (TJ Maxx, Regal Cinema & Dunham’s Sports).
PROPERTY TAXES
| Parcel Number | 040-010-400-032-00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $2,061,600 |
PROPERTY TAXES
