Contacts

Logan McAnallen, CCIM

Legacy Commercial Group

Property Details

Property Type Retail - Freestanding
Property Size 9,375 SF
Lot Size 0.77 Acre
Additional Rent Contact for pricing
Building Class C
Year Built 1966
Year Renovated 2020
Date Updated Dec 15, 2024

Home to Michigan's State Capital and government, Lansing is a city of over 120,000 people. The Lansing Metropolitan Area is in an area of the state dubbed "Mid-Michigan" and extends through Ingham, Eaton, Clinton, and Shiawassee Counties. While the largest employers in the region are the State of Michigan and the various educational institutions in the area, Lansing also has large automobile manufacturing, healthcare, and insurance industries that exhibit a healthy economy. Lansing is rich with many government and educational institutions, including the Michigan State government, Michigan State University (MSU), two medical schools, two nursing schools, and two law schools. MSU is a Division 1, Public University with more than 50,000 students enrolled. Lansing is also home to the Lansing Lugnuts, a Class-A minor league baseball team. The Lugnuts attract over 310,000 fans each year.Legacy Commercial Group is pleased to present an exclusive offering to acquire a STNL Gerber Collision & Glass location in Lansing, MI. This asset is located less than One Mile from from Michigan State University's campus and is a long-term proven collision & glass location. This site was acquired by Gerber in 2020, and Gerber has since shown their commitment to the site by signing an early lease extension with a rental increase and zero concessions from the Landlord. The lease features limited Landlord responsibilities as well as rental increases in each of the Three (3) remaining renewal options.al options.

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Highlights

Located Less than One Mile From Michigan State University
Strong commitment to Site shown with Early Lease Extension | Expiring March 6, 2030
Proven Long Term Collision & Glass Location | Strategic Positioning to Service the Greater Lansing Area
Low Rent / Low Cost of Occupancy Location | Current Lease Rate of $7.66 PSF
Limited Landlord Responsibilities | 5% Increases in Each Renewal Option
Recent Silicone Roof Coating (2021) with Transferrable Warranty

Getting around

64/100
Walk Score ®
78/100
Bike Score ®

Powered by Walk Score ®

Location

City Lansing, MI
Zip Code 48912
Market Detroit

Points of Interest

East Lansing

1.19 miles

Amaco

0.14 miles
Admiral

0.28 miles
Blink

0.41 miles
Speedway

0.52 miles
JuiceBox

0.62 miles
Citgo

0.98 miles
ChargePoint

1.06 miles
Marathon

1.18 miles
Mobil

1.22 miles
BP

1.27 miles

Lot 8

0.49 miles
The Oaks

0.71 miles
lot 61

0.99 miles
Islamic Center of East Lansing Parking Lot

1.09 miles
Ramp 4 (Kellogg Center)

1.09 miles
Lot B

1.11 miles
Lot 63

1.13 miles
Lot 67

1.18 miles
Lot A

1.19 miles
Lot 70

1.20 miles

East Side Fish Fry

0.14 miles
The People's Kitchen

0.26 miles
Hongkong House

0.26 miles
Amanecer Mexicano

0.29 miles
El Oasis Antojitos Mexicanos

0.32 miles
Ninta's Cocina

0.32 miles
China Flavor

0.46 miles
Pablo's

0.48 miles
Asian Gourmet

0.49 miles
The Old Bag of Nails Pub

0.51 miles

Better Health Store

0.55 miles
Kroger

0.71 miles
TJ Maxx

0.80 miles
Westlund's Apple Market

1.01 miles
Swagath Indian Groceries

1.04 miles
Fresh Thyme

1.16 miles
Better Asian Mart

1.24 miles
Capital City Market

1.55 miles
Target

1.66 miles
REO Town Marketplace

1.98 miles

In-Depth Research Available for this Property

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