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Jolly Cedar Plaza 5015 S Cedar St 26,679 SF of Flex Space Available in Lansing, MI 48910

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HIGHLIGHTS

  • Jolly Cedar Plaza offers prime retail space at a high-traffic corner in Lansing, with great visibility and easy access to Interstates 96 and 496.
  • Join an established center with diverse layouts that cater to multiple business types, offering both office and retail solutions.
  • Benefit from flexible office and retail space with a strong tenant mix like O’Reilly and CSL Plasma, creating great synergy and exposure.
  • Conveniently located near major highways, local dining, entertainment, and national retailers, with ample parking for easy access and visibility.

SPACE AVAILABILITY (1)

Display Rental Rate as

  • SPACE
  • SIZE
  • TERM
  • RENTAL RATE
  • RENT TYPE
  • 1st Floor - 260
  • 26,679 SF
  • Negotiable
  • $9.77 CAD/SF/YR $0.81 CAD/SF/MO $260,692 CAD/YR $21,724 CAD/MO
  • Triple Net (NNN)
Space Use
Flex
Availability
Now
  • Lease rate does not include utilities, property expenses or building services
Space Size Term Rental Rate Rent Type
1st Floor - 260 26,679 SF Negotiable $9.77 CAD/SF/YR $0.81 CAD/SF/MO $260,692 CAD/YR $21,724 CAD/MO Triple Net (NNN)

1st Floor - 260

Size
26,679 SF
Term
Negotiable
Rental Rate
$9.77 CAD/SF/YR $0.81 CAD/SF/MO $260,692 CAD/YR $21,724 CAD/MO
Rent Type
Triple Net (NNN)
Space Use
Flex
Availability
Now

  • Lease rate does not include utilities, property expenses or building services

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.

SITE PLAN

SELECT TENANTS AT JOLLY CEDAR PLAZA

  • TENANT
  • DESCRIPTION
  • US LOCATIONS
  • REACH
  • CSL Plasma
  • Health Care
  • 367
  • International
  • HealOX Health
  • Other Services
  • 4
  • Local
  • O'Reilly
  • Automotive
  • 25
  • International
TENANT DESCRIPTION US LOCATIONS REACH
CSL Plasma Health Care 367 International
HealOX Health Other Services 4 Local
O'Reilly Automotive 25 International

PROPERTY FACTS

Total Space Available 26,679 SF
Property Type Retail
Property Subtype Storefront
Gross Leasable Area 72,000 SF
Year Built/Renovated 1962/2006
Parking Ratio 5.26/1,000 SF

ABOUT THE PROPERTY

Jolly Cedar Plaza, located at 5015 S Cedar Street, is on a prime corner of Cedar Street and Jolly Road, Lansing, Michigan. This well-established retail center offers a variety of flexible office and retail spaces, providing businesses with a unique opportunity to be part of a thriving, high-traffic environment. With ample free parking, high visibility, and a strong tenant mix that includes anchor tenants like O’Reilly and CSL Plasma, new tenants will benefit from both business synergy and exposure. The space accommodates diverse business uses with open layouts and office configurations that can be tailored to suit different needs. Jolly Cedar Plaza is strategically located near major infrastructure with easy access to both Interstates 96 and 496, just 2 miles away. Situated at a signalized intersection with nearly 30,000 daily vehicle counts, this site offers incredible visibility to passing traffic. Not only is the location accessible by highway, but it’s also close to multiple local dining spots, entertainment venues, and government offices. The surrounding area includes a diverse mix of national retailers like McDonald's, AutoZone, and more. With Lansing being the state capital, there’s an influx of government employees, as well as the nearby Michigan State University, providing a consistent base of consumers. Lansing offers a growing and vibrant market, with a population of over 310,000 within a 10-mile radius, driving $3.7 billion in annual consumer spending. This makes it an attractive environment for businesses seeking to tap into a large, diverse customer base. The established neighborhood surrounding Jolly Cedar Plaza is marked by an ideal mix of retail, dining, and green spaces, providing a balanced community that attracts shoppers and professionals. 5015 S Cedar Street is an exceptional opportunity to join this high-visibility, well-connected center in a dynamic market.

  • Security System
  • Signage
  • Tenant Controlled HVAC
  • Wheelchair Accessible
  • Storage Space
  • Monument Signage
  • Air Conditioning
  • Smoke Detector

NEARBY MAJOR RETAILERS

Comerica
Fazoli's
Toyota
Fifth Third Bank
Kroger
Chase Bank
  • Listing ID: 15376885

  • Date on Market: 2024-06-07

  • Last Updated:

  • Address: 5015 S Cedar St, Lansing, MI 48910

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