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4929 S Cedar St, Lansing, MI 48910

Commercial property for sale

Added: 09/19/2012
Last Update: 09/16/2013
4929 S Cedar St Lansing, MI 48910 US
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Contact info

  • 517-321-2800 [Office] 

Description

This Triple Net leased investment is a 3 tenant strip center in Lansing MI on Cedar Street near Jolly Rd. With a 12.76 cap return this property could produce great returns for a new investor.Daily traffic count is 33,000Current tenants are long term and have had recent renewals.Please see the links section for the full offering memorandum and property information.Property was built in 1983. Current SEV is $293,900. Property size is .52 Acres Building price details: $375,000.

Property Details

  • Type: Retail
  • Use Types:Community Center, Neighborhood Center, Strip Center
  • Status: Available
  • Year Built: 1983
  • MSA: Lansing-East Lansing
  • Zoning: F COMMERCIAL
  • Buildings: 1
  • Tenancy: Multiple Tenants
  • ConstructionBlock

Exterior Features

  • Parking: Yes

Terms

  • Cash to Seller 

Agent

Matthew Wisniewski, CCIM
517-321-2800 [Office]

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