Freestanding former CVS off highway M-43 | 632 N Dibble Ave
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Freestanding former CVS off highway M-43 632 N Dibble Ave
5,192 SF Retail Building Lansing, MI 48917 $399,000 ($77/SF)
Investment Highlights
- A 5,192 SF freestanding retail building with an existing drive-thru favorably positioned off major highway M-43.
- Prime value-add investment or owner-user opportunity in a thriving corridor, ideal for food use, retail, medical, restaurant, and more.
- Surrounded by several demand drivers in the area within a brief four-mile radius including grocer tenants and the Lansing Mall.
- Optimally sited directly adjacent to nationally renowned businesses McDonald’s, Walgreens, and Advanced Auto Parts.
- Highly visible to over 32,000 VPD with 28 surface parking spaces over 1.72 acres offering room for expansion.
Executive Summary
Priced to sell! A 5,192 SF freestanding retail building with an existing drive-thru favorably positioned off major highway M-43.
Optimally sited directly adjacent to nationally renowned businesses McDonald’s, Walgreens, and Advanced Auto Parts.
Prime value-add investment or owner-user opportunity in a thriving corridor, ideal for food use, retail, medical, restaurant, and more.
Highly visible to over 32,000 VPD.
1.72 acres - offering room for expansion or redevelopment.
Optimally sited directly adjacent to nationally renowned businesses McDonald’s, Walgreens, and Advanced Auto Parts.
Prime value-add investment or owner-user opportunity in a thriving corridor, ideal for food use, retail, medical, restaurant, and more.
Highly visible to over 32,000 VPD.
1.72 acres - offering room for expansion or redevelopment.
Data Room Click Here to Access
- Offering Memorandum
- Operating and Financials
- Purchase Agreement
- Third Party Reports
- Title and Insurance
- Miscellaneous
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
5,192 SF
Building Class
C
Year Built
1998
Price
$399,000
Price Per SF
$77
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
1.71 AC
Zoning
C- COMMERCIAL
Parking
26 Spaces (5.01 Spaces per 1,000 SF Leased)
Frontage
265 FT on N Dibble Blvd
Amenities
- Drive Thru
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Freestanding CVS with a drive-thru.
| Space | Size | Space Use | Position | Available |
| 1st Floor | 5,192 SF | Retail | - | 30 Days |
1st Floor
| Size |
| 5,192 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| 30 Days |
1st Floor
| Size | 5,192 SF |
| Space Use | Retail |
| Position | - |
| Available | 30 Days |
Freestanding CVS with a drive-thru.
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 040-069-000-067-00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $252,000 |
PROPERTY TAXES
Parcel Number
040-069-000-067-00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$252,000
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Freestanding former CVS off highway M-43 | 632 N Dibble Ave
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