Trowbridge Crossings 1090-1100 Trowbridge Rd 11,334 SF 100% Leased Retail Building East Lansing, MI 48823 $6,979,600 CAD ($615.81 CAD/SF) 6.68% Cap Rate

Trowbridge Crossing is a Premier two-tenant retail center, anchored by Starbucks with a Drive-Thru and Grand River Surgery Center, a well-established medical user, which recently expanded to occupy the remaining space in the shopping center. Strategically positioned directly next to Michigan State University, home to over 52,000 students, faculty, and staff.
This dense campus population ensures consistent foot traffic, strong daytime activity, and a reliable customer base throughout the year. Spartan Gateway District, a planned 14-acre mixed use development within walking distance of the subject property, will feature a 6,000-seat Olympic arena, market-rate housing, a hotel and a dynamic mix of retail and restaurant space.
The shopping center is further supported by a newly constructed Springhill Suites hotel immediately behind the property. The hotel not only increases visibility but also generates repeat traffic and adds another long-term driver of customer activity to the center. Both tenants are bound by long-term triple net (NNN) leases, offering investors stable, predictable cash flow with minimal landlord responsibilities. This structure provides an attractive, low-maintenance investment opportunity with reliable returns over the long term.