3 Unit Leased Retail Center For Sale, 5735 South Cedar Street, Lansing, MI 48911
3 Unit Leased Retail Center For Sale, 5735 South Cedar Street, Lansing, MI 48911
3 Unit Leased Retail Center For Sale, 5735 South Cedar Street, Lansing, MI 48911
3 Unit Leased Retail Center For Sale, 5735 South Cedar Street, Lansing, MI 48911
3 Unit Leased Retail Center For Sale, 5735 South Cedar Street, Lansing, MI 48911

3 Unit Leased Retail Center For Sale 5735 South Cedar Street, Lansing, MI 48911

Availability: for sale
Property Type: Office
Shopping Center / Retail
Retail - Retail Pad
Year Built: 1986
Building Size: 5,311 SF
Land Size: 0.39  Ac
Price: $549,000
Cap Rate: 4.89
Zoning: F COMM

Property Description

Located at 5735 S Cedar Street in Lansing, MI, this fully leased, three-unit retail building presents a prime commercial investment opportunity in a bustling South Lansing retail corridor. Perfectly positioned just north of the I-96 interchange, the property benefits from high visibility and accessibility, with average daily traffic counts of approximately 25,100 vehicles on S Cedar Street.. The surrounding area is a vibrant retail hub, anchored by major national retailers such as Meijer, Target, and Harbor Freight Tools, drawing consistent consumer traffic. South Lansing’s retail market is thriving, supported by a diverse demographic base of over 120,000 residents within a 5-mile radius, with a median household income of around $50,000 and a strong mix of families, professionals, and students due to proximity to Michigan State University. The property’s stable tenancy, robust traffic patterns, and proximity to high-traffic retail giants make it an attractive, low-risk investment in a dynamic and growing market.
 

Full Address: 5735 South Cedar Street, Lansing, MI 48911

Listing Type: FOR SALE

Status: Active

Zoning: F COMM

Region: M-EN 

County: Ingham County

Property ID: 4074794

Building Sf: 5311

Parcel Num: 01-05-04-426-062

Number Units: 3

Number Buildings: 1

Year Built: 1986

Free Standing: Yes

Cap Rate: 4.89

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