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Lansing Towne Center 5421-5451 W Saginaw Hwy
35,000 - 110,575 SF of Retail Space Available in Lansing, MI 48917
Highlights
- Up to 110,00 SF Available For Lease (can be demised)
- Highly visible along the busiest retail corridor in Lansing
- Over 36,000 VPD along W Saginaw Hwy
- Join Chick-fil-A, Aldi, Meijer, Target, Walmart and many other National retailers
- Multiple points of ingress and egress
- Lease Rate: Contact Broker
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
Space | Size | Term | Rental Rate | Rent Type | ||
1st Floor | 75,575 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
1st Floor, Ste Endcap | 35,000 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
5625 W Saginaw Hwy - 1st Floor
Up to 110,000 SF Available For Lease (can be demised) 75,000 SF Space 35,000 SF Endcap Join Chick-fil-A, Aldi, Meijer, Target, Walmart and many other National retailers Highly visible along the busiest retail corridor in Lansing Multiple points of ingress and egress Over 36,000 VPD along W Saginaw Hwy Lease Rate: Contact Broker
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
- Can be combined with additional space(s) for up to 110,575 SF of adjacent space
- Central Heating System
- Private Restrooms
- Drop Ceilings
- Secure Storage
- Emergency Lighting
- After Hours HVAC Available
5625 W Saginaw Hwy - 1st Floor - Ste Endcap
Up to 110,000 SF Available For Lease (can be demised) 75,000 SF Space 35,000 SF Endcap Join Chick-fil-A, Aldi, Meijer, Target, Walmart and many other National retailers Highly visible along the busiest retail corridor in Lansing Multiple points of ingress and egress Over 36,000 VPD along W Saginaw Hwy Lease Rate: Contact Broker
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
- Can be combined with additional space(s) for up to 110,575 SF of adjacent 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.
SELECT TENANTS AT Lansing Towne Center
- Tenant
- Description
- US Locations
- Reach
- ALDI
- Supermarket
- 3,041
- International
- Big Lots
- Discount Store
- 1,376
- International
- Burlington
- Dept Store
- 1,414
- National
- Cheddar's Scratch Kitchen
- Restaurant
- 391
- National
Tenant | Description | US Locations | Reach |
ALDI | Supermarket | 3,041 | International |
Big Lots | Discount Store | 1,376 | International |
Burlington | Dept Store | 1,414 | National |
Cheddar's Scratch Kitchen | Restaurant | 391 | National |
PROPERTY FACTS FOR 5421-5451 W Saginaw Hwy , Lansing, MI 48917
About the Property
Lansing Town Center is a 138,000 square foot, high- quality, grocery anchored shopping center located in the heart of Lancing, Michigan’s main retail corridor. Property features functional design with good visibility, nationally recognized tenants including, ALDI, Big Lots, Burlington, and Cheddar’s and benefits from cross-shopping with a separately owned Target and Ashley Home Store All of the tenants have occupied their spaces since 1984 - 2004 Property is strategically located across the street from the 750,000+ square foot Lansing Mall, within a 10-minute drive from both the State of Michigan’s Capitol and Michigan State University (50,000+ students) Property enjoys frontage along W Saginaw Highway with signalized access to approximately 26,290 cars per day
- Bus Line
- Dedicated Turn Lane
- Pylon Sign
- Signage
Nearby Major Retailers
Presented by
Lansing Towne Center | 5421-5451 W Saginaw Hwy
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