2607 Michigan AveLansing, MI 48912
For Sale
$683,158
- Added:
- Dec 11, 2024
- Days on market:
- 93
Highlights
- 2.5% annual rent increases through lease expiration, enhancing NOI and providing inflation protection.
- Avis, a long-term tenant since 2014, recently extended their lease for three years.
- Lease is corporately guaranteed by Avis Budget Group (NYSE: CAR), a financially strong national tenant.
- NNN lease; landlord responsibilities limited to roof, structure, and parking lot.
- Excellent location on East Michigan Avenue, near downtown East Lansing, Michigan State University, and the State Capitol.
Property Details for 2607 Michigan Ave
- Property type
- Other retail properties, Individual retail properties
- Square Feet
- 1,698 SF
- Year Built
- 1993
- Buildings
- 2
- Lot Size (sq. ft)
- 16,117 SF
Location Insight
- City
- Lansing
- County
- Ingham
- State
- Michigan
- Latitude
- 42.733605743512
- Longitude
- -84.514815464929
2607 Michigan Ave, Lansing, Michigan
Nearby Similar for Sale
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