4021 Saginaw HwyLansing, MI 48917

For Sale
$889,000

Prime QSR location, high traffic area.

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional free-standing restaurant building, totaling 2,856 square feet, presents a compelling investment opportunity or owner-user scenario. Located at 4021 W Saginaw Hwy in Lansing, Michigan, this property boasts a highly desirable drive-thru, ensuring convenient customer access. Situated on 1.32 acres comprised of four parcels (APN: 040-013-200-040-00, 040-043-900-030-00, 040-043-900-010-00, 040-043-900-020-00), the ample space provides extensive parking and convenient ingress/egress from W. Saginaw and N Dibble Ave. Built in 1980 and renovated in 2013, the building is zoned C and currently enjoys 100% occupancy with a long-term tenant (lease details available upon request). The property's strategic location across from McDonald's and one block from the Waverly Rd intersection places it within a thriving commercial corridor. Nearby establishments include Arby's, Advance Auto Parts, Little Caesars Pizza, CVS Pharmacy, Walgreens, Wendy's, AutoZone, Popeye's, and JoAnn Fabrics, among others, indicating strong surrounding retail activity. This prime location benefits from easy access to nearby neighborhoods and a new multi-family/commercial development at the corner of Waverly and Saginaw. The asking price is $889,000 ($311.27 per square foot). This is a NNN lease property.

Highlights

  • $889,000 asking price for a 2,856 SF retail property.
  • Free-standing building with drive-thru, located in Lansing, MI at 4021 W Saginaw Hwy.
  • 100% occupied, NNN lease, single tenant in place for 10 years.
  • Property includes 1.32 acres with ample parking and convenient access.
  • Built in 1980, renovated in 2013, zoned C.

Property Details for 4021 Saginaw Hwy

Property type
Other retail properties, Individual retail properties
Square Feet
2,856 SF
Year Built/Renovated
1980/2013
Lot Size (sq. ft)
57,499 SF

Location Insight

City
Lansing
County
Eaton
State
Michigan
Latitude
42.740496282538
Longitude
-84.605358529858
4021 Saginaw Hwy, Lansing, Michigan

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4021 Saginaw Hwy
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