300 Frandor AveLansing, MI 48912

Property Details for 300 Frandor Ave

Year built

1998

Lot size

32.00 AC

Property size (Sq ft)

63,461 SF

Zone code

F COMM

Property type

Strip malls

Property subtype

Neighborhood centers

APN

33-01-01-14-226-015

APU

33010114226015

Description

This exceptional opportunity presents three available retail spaces within the renowned Frandor Shopping Center, located at 300 Frandor Ave, Lansing, MI 48912. Situated in Ingham County, this Class B property offers a range of sizes, from 1,300 square feet to 11,060 square feet, catering to diverse business needs. The property is classified as Retail and Office, with a subtype of Traditional Office, Shopping Center, and Storefront. Multiple tenancies are available. Frandor Shopping Center enjoys a highly desirable location, strategically positioned near major thoroughfares including US-127, the intersection of Saginaw Street and Grand River Avenue, and Michigan Avenue. Established in 1955, this shopping center holds a significant place in Lansing's retail history and remains one of the city's busiest, benefiting from its proximity to Michigan State University, with its substantial student population of 50,543. This presents a unique chance to establish or expand a business within a well-established and thriving retail environment. The property's prime location and strong historical presence make it an attractive investment for businesses seeking high visibility and foot traffic.

• CAP approach

  CAP return

  Valuation

  6%

  $5,835,886

  6.5%

  $5,386,971

  7%

  $5,002,188

• Comparable approach

  Method

  Valuation

  Relative Method

  $14,959,078

  Geo Method

  $14,959,078

• Alternative Use

  Use

  Valuation

  Residential

  $4,544,112

  Hospitality

  $4,162,382

  Educational

  $3,463,053

  Medical

  $3,582,152

  Retail

  $5,386,971

Location Insight

City

Lansing

County

Ingham

State

Michigan

Latitude

42.7381

Longitude

-84.5064

CBSA code

29620

CBSA name

LANSING-EAST LANSING, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

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 unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].