For Sale
$889,000

4021 Saginaw Hwy Lansing, MI 48917

Prime QSR location, high traffic area.

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
139
This exceptional free-standing restaurant building, totaling 2,856 square feet, presents a compelling investment opportunity or owner-user scenario. Located at 4021 W Saginaw Hwy in Lansing, Michigan, this property boasts a highly desirable drive-thru, ensuring convenient customer access. Situated on 1.32 acres comprised of four parcels (APN: 040-013-200-040-00, 040-043-900-030-00, 040-043-900-010-00, 040-043-900-020-00), the ample space provides extensive parking and convenient ingress/egress from W. Saginaw and N Dibble Ave. Built in 1980 and renovated in 2013, the building is zoned C and currently enjoys 100% occupancy with a long-term tenant (lease details available upon request). The property's strategic location across from McDonald's and one block from the Waverly Rd intersection places it within a thriving commercial corridor. Nearby establishments include Arby's, Advance Auto Parts, Little Caesars Pizza, CVS Pharmacy, Walgreens, Wendy's, AutoZone, Popeye's, and JoAnn Fabrics, among others, indicating strong surrounding retail activity. This prime location benefits from easy access to nearby neighborhoods and a new multi-family/commercial development at the corner of Waverly and Saginaw. The asking price is $889,000 ($311.27 per square foot). This is a NNN lease property.

Highlights

  • $889,000 asking price for a 2,856 SF retail property.
  • Free-standing building with drive-thru, located in Lansing, MI at 4021 W Saginaw Hwy.
  • 100% occupied, NNN lease, single tenant in place for 10 years.
  • Property includes 1.32 acres with ample parking and convenient access.
  • Built in 1980, renovated in 2013, zoned C.

Property Details for 4021 Saginaw Hwy

Property type
Retail properties, Restaurants
Square Feet
2,856 SF
Year Built/Renovated
1980/2013
Lot Size (sq. ft)
57,499 SF

Location Insight

City
Lansing
County
Eaton
State
Michigan
Latitude
42.740496282538
Longitude
-84.605358529858

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FAQs

What type of property is this?
Retail property - Prime QSR location, high traffic area.
Where is the retail property located?
The property is located at 4021 Saginaw Hwy Lansing, MI.
What is the asking price?
The asking price for this property is $889,000.
What are key features of this property?
This property features: $889,000 asking price for a 2,856 SF retail property.; Free-standing building with drive-thru, located in Lansing, MI at 4021 W Saginaw Hwy.; 100% occupied, NNN lease, single tenant in place for 10 years.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
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Property Records

Contacts

Todd Kosta
Todd Kosta
Visit Broker Website

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Useful Information

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Saginaw Hwy
Lansing, MI 48917

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Saginaw Hwy
Lansing, MI 48917

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

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4021 Saginaw Hwy
  • Todd Kosta
    Todd Kosta
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