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4929 S Cedar St, Lansing, MI 48910

Commercial property for sale

  • Description
  • This Triple Net leased investment is a 3 tenant strip center in Lansing MI on Cedar Street near Jolly Rd. With a 9 cap return with in place tenants, this property has a significant value add, as a third tenant could place the property in an 11 cap range. Daily traffic count is 33,000 Current 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
  • Property Type: Retail
    Use Types: Community Center, Neighborhood Center, Strip Center
    Status: Available
    Number of Stories: 1
    Year Built: 1983
    MSA: Lansing-East Lansing
    Zoning: F COMMERCIAL
    Buildings: 1
    Tenancy: Multiple Tenants
    Construction: Block
    Terms: Cash to Seller
    Added: 09/19/2012
    Last Update: 07/02/2013
  • Exterior Features
  • Parking: Yes
  • Contact info
  • Matthew Wisniewski, CCIM: 517-321-2800 [Office]
    RE/MAX COMMERCIAL GROUP

  • Note

  • Details Info about this row that located on 4929 S Cedar St, Lansing, MI 48910 was got from trusty sources, but All Foreclosures Homes can't guarantee that details about listing price, status, facts, images and owner are correct, because this listing can be changed or removed from market without notice. If You need to receive additional details about this property try to ask directly listing agent or owned.

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