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Clippert 301-325 N Clippert St 1,400 - 5,315 SF of Retail Space Available in Lansing, MI 48912
HIGHLIGHTS
- Across from 450,000 SF Frandor Shopping Center
- Near new mixed-use dvelopments Red Cedar, SkyVue, and future ROECO
- Located in Greater Lansing's central hub of retail activity
- 1/2 Mile from Michigan State University with 63,000+ students/faculty
- Steady retail traffic
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste E | 1,400-5,315 SF | Negotiable | $30.71 CAD/SF/YR $2.56 CAD/SF/MO $163,225 CAD/YR $13,602 CAD/MO | Triple Net (NNN) |
301-325 N Clippert St - 1st Floor - Ste E
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT CLIPPERT
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Jet's Pizza
- Accommodation and Food Services
- -
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Jet's Pizza | Accommodation and Food Services | - | - |
PROPERTY FACTS
ABOUT THE PROPERTY
-Prominent retail/restaurant space adjacent to QDoba and Better Health - across from Frandor Shopping Center -Striking brick and glass facade -Easy customer access -Plenty of doorstep parking -Excellent signage opportunities -Additional potential for billboard signage, visible from US-127 -5 points of access -Exposure to steady retail traffic in and around Greater Lansing's central hub of retail activity -Centrally located with immediate access to US-127 and I-496 -Surrounded by scores of national retailers including TJ Maxx, Home Goods, World Market, Kroger, Petco, Carters, Jo-Ann Fabrics & Crafts, Ulta Beauty, Party City, Michaels and more! -Adjacent to Qdoba and popular eateries including Panera Bread, Jet's Pizza, Olga's Kitchen, Red Lobster, Blaze Pizza, Taco Bell, Wendy's, Arby's, Penn Station, Old Bag of Nails Pub, McDonalds and more -Close to MSU campus and the new AC Hotel by Marriott and Hyatt House -Outstanding traffic counts -High pedestrian traffic
- Bus Line
- Pylon Sign
- Signage
- Signalized Intersection
NEARBY MAJOR RETAILERS
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Clippert | 301-325 N Clippert St
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