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1475 Lake Lansing Rd

43,296 SF Retail Building Lansing, MI 48912 $4,500,000 ($104/SF)

Investment Highlights

  • 25 Foot Clear Span Building - Fully Sprinkled
  • New Roof and Exterior in the Last Couple of Years
  • Near Eastwood Towne Center and Expressway Exit

Executive Summary

Approximately 44,250 sf building with 25 foot clear span ceiling height for sale. Sale includes two parcels totaling around 10 acres. Great location on a roundabout with excellent frontage and visibility on Lake Lansing Rd. Not far from the Expressway (US-127) and Eastwood Towne Center. American Freight and Jumpin Jacks are the current tenants. American Freight (33,000 sf) is vacating at the end of the year. There are offices located upstairs with 4 bathrooms on the main floor. There is one overhead door and two separate entrances, each has a lobby area. Building has heat and air conditioning throughout and it is sprinkled. Large surface parking lot in front of the building. Up to 44,000 sf can be available in March 2025.

Property Facts

Sale Type
Owner User
Property Type
Retail
Property Subtype
Health Club
Building Size
43,296 SF
Building Class
C
Year Built
1972
Price
$4,500,000
Price Per SF
$104
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.23
Lot Size
4.30 AC
Zoning
G - General
Parking
125 Spaces (3.71 Spaces per 1,000 SF Leased)
Frontage
345 FT on Lake Lansing Rd

Amenities

  • 24 Hour Access
  • Corner Lot
  • Security System
  • Signage
  • Air Conditioning

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 33,000 SF
  • Retail
  • End Cap
  • Now

American Freight space for lease. Approximately 33,000 sf available with 25-foot clear span height. New roof and exterior in the last couple of years. Several offices, lobby and storage areas. Building is fully sprinkled. Great location near the expressway (US-127) and just west of Eastwood Towne Center (Lifestyle Center). Building has frontage on Lake Lansing Rd with excellent visibility and good traffic at the roundabout. Space has heat and air conditioning. One overhead door. Lots of convenient surface parking. Total building is 44,250 sf.

Space Size Space Use Position Available
1st Floor 33,000 SF Retail End Cap Now

1st Floor

Size
33,000 SF
Space Use
Retail
Position
End Cap
Available
Now

1st Floor

Size 33,000 SF
Space Use Retail
Position End Cap
Available Now

American Freight space for lease. Approximately 33,000 sf available with 25-foot clear span height. New roof and exterior in the last couple of years. Several offices, lobby and storage areas. Building is fully sprinkled. Great location near the expressway (US-127) and just west of Eastwood Towne Center (Lifestyle Center). Building has frontage on Lake Lansing Rd with excellent visibility and good traffic at the roundabout. Space has heat and air conditioning. One overhead door. Lots of convenient surface parking. Total building is 44,250 sf.

Nearby Major Retailers

Citizens Bank
Huntington National Bank
McAlisters Deli
Smokey Bones Bbq
P.F. Chang's
BIGGBY Coffee
Starbucks
Mitchell's Fish Market
Boston Pizza
Fox & Hound

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 21-01-03-401-017
  • 21-01-03-401-002
  • 21-01-03-401-016
Land Assessment
$186,200
Improvements Assessment
$563,900
Total Assessment
$750,100
  • Listing ID: 34019014

  • Date on Market: 11/27/2024

  • Last Updated:

  • Address: 1475 Lake Lansing Rd, Lansing, MI 48912

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