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2010 W Saginaw St
2,709 SF of Retail Space Available in Lansing, MI 48915
Highlights
- 30,000+ vehicles per day
- Surrounded By Households
- Fully Built Out
- Great Visibility With Pylon Signage
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,709 SF | Negotiable | $15.00 /SF/YR $1.25 /SF/MO $161.46 /m²/YR $13.45 /m²/MO $3,386 /MO $40,635 /YR | Triple Net (NNN) |
1st Floor
Turnkey restaurant including all the equipment. Terrific location at the point where W Saginaw and Oakland connect. Surrounded by households, this neighborhood restaurant won't last long. Great visibility, signage, and parking. Over 30,000+ vehicles per day.
- Lease rate does not include utilities, property expenses or building services
- Central Air and Heating
- Kitchen
- Corner Space
- Equipment Included
- Ample Storage Space
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 2010 W Saginaw St , Lansing, MI 48915
| Property Type | Retail | Year Built | 1940 |
| Property Subtype | Restaurant | Parking Ratio | 8.12/1,000 SF |
| Gross Leasable Area | 2,709 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 2,709 SF |
| Year Built | 1940 |
| Parking Ratio | 8.12/1,000 SF |
About the Property
Discover the perfect space for your culinary venture! This prime restaurant location boasts an impressive 2,709 square feet with exceptional visibility and exposure to over 30,000 cars daily. Positioned in a high-traffic area, this site promises to draw in both local diners and passersby alike. The space comes fully equipped with essential restaurant equipment, including a 10' hood, 3-compartment sink, multiple prep stations, and a walk-in fridge/freezer, allowing you to hit the ground running. The layout offers versatile seating options, with a mixture of booths and tables, ideal for creating an inviting atmosphere. With ample parking available and easy access to major thoroughfares, your restaurant will benefit from the vibrant community surrounding it. This is a rare opportunity to establish your brand in a well-trafficked location, maximizing your potential for success.
- Pylon Sign
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2010 W Saginaw St
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