FOR LEASE Retail Building w/ Drive-Thru Option 1438 E. AVENUE | LANSING, MI

PROPERTY INFO 5,828 SF OFFICE/RETAIL BUILDING AVAILABLE FOR LEASE ALONG BUSY MICHIGAN AVENUE CORRIDOR. THIS MAJOR THOROUGHFARE PROVIDES EASY ACCESS TO EAST LANSING AND

LEASE TERMS SIZE

+ $12.00/SF + 5,828 SF

+ NNN + Situated on 0.367 acres

+ Lot Size: 120’ x 180’

CONTACT US

Jack Johns Stephen Hershfield,CCIM Nicole R. Wiseman First Vice President Senior Associate Associate +1 248 351 2018 +1 989 859 6811 +1 517 285 2221 [email protected] [email protected] [email protected]

1438 E. MICHIGAN AVENUE, LANSING, MI 48912 www.cbre.us FOR LEASE Retail Building w/ Drive-Thru Option 1438 E. MICHIGAN AVENUE | LANSING, MI

PROPERTY FEATURES

+ Drive-thru capability possible along the east side of the building + Space could be split to accomodate multiple users + Additional acreage available, immediately south of the building, for added parking or building expansion

+ Ownership prepared to update the exterior façade once tenant is secured

+ Ownership willing to assist in site redevelopment + 20 surface parking spaces, with acreage available for additional parking

+ Built in 1962, remodeled in 1988 + Reception area + 3 restrooms + 2 separate basements available for storage + Elevator to east basement

+ Average daily traffic: 15,575

Demographics

1 Mile 3 Mile 5 Mile 2019 Businesses 613 4,653 7,642 2019 Population 14,833 99,255 198,570 2019 Households 6,379 39,250 79,994 2019 Avg. Household Income $49,270 $57,740 $61,717 2019 Avg. Housing Value $96,011 $136,538 $151,310

1438 E. MICHIGAN AVENUE, LANSING, MI 48912 www.cbre.us FOR LEASE Retail Building w/ Drive-Thru Option 1438 E. MICHIGAN AVENUE | LANSING, MI

FLOORPLAN

WEST BASEMENT

EAST BASEMENT FIRST FLOOR PLAN

1438 EAST MICHIGAN AVE. SCALE: 3/32"

1438 E. MICHIGAN AVENUE, LANSING, MI 48912 www.cbre.us FOR LEASE Retail Building w/ Drive-Thru Option 1438 E. MICHIGAN AVENUE | LANSING, MI AREA HIGHLIGHTS + Located 1.5 miles from downtown Lansing + 1.3 miles to Frandor Shopping center, less than 2 miles to Michigan State University campus and less than 3 miles to downtown East Lansing 1438 + Less than 1 mile from I-496 and 1.3 miles from US-127 E. Michigan + Surrounding users include , Physicians Health Plan, Mercy Ambulance, and a number of new apartment developments + Area retailers include Soup Spoon Cafe, Jerusalem Bakery, Papa John’s Pizza, Rite Aid, and many more

1438 E Michigan 180’

120’

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1438 E. MICHIGAN AVENUE, LANSING, MI 48912 www.cbre.us