FOR LEASE COMMERCIAL BUILDING AVAILABLE WITH DRIVE-THRU OPTION 1438 EAST MICHIGAN AVENUE | LANSING, MICHIGAN PROPERTY OVERVIEW 5,828 SF OFFICE/RETAIL BUILDING AVAILABLE FOR LEASE ALONG BUSY MICHIGAN AVENUE CORRIDOR. THIS MAJOR THOROUGHFARE PROVIDES EASY ACCESS TO EAST LANSING AND DOWNTOWN LANSING. LEASE TERMS SIZE 1438 E. Michigan + $9.75/SF + 5,828 SF Ave. + NNN = $4.75/SF + Situated on 0.499 acres + Lot Size: 120’ x 180’ www.cbre.us FOR LEASE COMMERCIAL BUILDING AVAILABLE WITH DRIVE-THRU OPTION 1438 EAST MICHIGAN AVENUE | LANSING, MICHIGAN PROPERTY FEATURES + DRIVE-THRU capability possible along the east side of the building + Space could be split to accommodate multiple users, approximately 2,700 SF per side + 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 + 3 restrooms + 2 separate basements available for storage + 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 COMMERCIAL BUILDING AVAILABLE WITH DRIVE-THRU OPTION FLOOR PLAN WEST BASEMENT EAST BASEMENT FIRST FLOOR PLAN 1438 EAST MICHIGAN AVE. SCALE: 3/32" www.cbre.us FOR LEASE COMMERCIAL BUILDING AVAILABLE WITH DRIVE-THRU OPTION 1438 EAST MICHIGAN AVENUE | LANSING, MICHIGAN AREA HIGHLIGHTS + Located 1.5 miles from downtown Lansing + Just 3 blocks east of Sparrow Hospital and 6 blocks east of the new Capital City Market and Courtyard by Marriott hotel + 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 + Less than 1 mile from I-496 and 1.3 miles from US-127 + Surrounding users include Sparrow Hospital, 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’ CONTACT US Jack Johns Stephen Hershfield Nicole 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] © 2020 CBRE, Inc. All rights reserved. This information has been obtained from sources believed reliable, but has not been verified for accuracy or completeness. You should conduct a careful, independent investigation of the property and verify all information. Any reliance on this information is solely at your own risk. CBRE and the CBRE logo are service marks of CBRE, Inc. All other marks displayed on this document are the property of their respective owners, and the use of such logos does not imply any affiliation with or endorsement of CBRE. Photos herein are the property of their respective owners. Use of these images without the express written consent of the owner is prohibited. www.cbre.us.