5002 Saginaw HwyLansing, MI 48917

This exceptional investment opportunity presents a fully leased, 36,000 square foot retail shopping center and storefront located at 5002 W Saginaw Hwy, Lansing, MI 48917. The property boasts 100% occupancy with three long-term tenants: GrowGeneration, World Buffet, and Little Red Schoolhouse Antiques, ensuring consistent cash flow. Built in 1969, this single-story building sits on a 3.4-acre lot and features 160 parking spaces, ample for tenants and customers. The property is zoned C-Commercial, providing flexibility for future uses. With a strong 9.48% cap rate and a price per square foot of $90.28, this represents a compelling return on investment. The property's prime location on a high-traffic thoroughfare in Lansing, Eaton County, guarantees excellent visibility and accessibility. This well-maintained asset offers a stable and lucrative investment opportunity in a thriving market. The asking price is $3,250,000. The property's diverse tenant mix contributes to its stability and long-term potential. This is a rare chance to acquire a high-performing retail property with significant upside. The parcel number is 04001230017000.