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Lansing Towne Center 5421-5451 W Saginaw Hwy 1,506 - 40,626 SF of Retail Space Available in Lansing, MI 48917
Space Availability (10)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 5417B | 1,850 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor, Ste 5425 | 2,500 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor, Ste 5425-5431 | 7,000 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) | ||
| 1st Floor, Ste 5429 | 2,500 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor, Ste 5431 | 2,000 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor, Ste 5451-A | 5,439 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) | ||
| 1st Floor, Ste 5451-B | 2,494 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor, Ste 5451-C | 1,506 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor, Ste 5451-H | 2,000 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor, Ste 5451A-H | 13,337 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
5415-5503 W Saginaw Hwy - 1st Floor - Ste 5417B
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
5415-5503 W Saginaw Hwy - 1st Floor - Ste 5425
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
5415-5503 W Saginaw Hwy - 1st Floor - Ste 5425-5431
- Lease rate does not include utilities, property expenses or building services
5415-5503 W Saginaw Hwy - 1st Floor - Ste 5429
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
5415-5503 W Saginaw Hwy - 1st Floor - Ste 5431
5415-5503 W Saginaw Hwy - 1st Floor - Ste 5451-A
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
5415-5503 W Saginaw Hwy - 1st Floor - Ste 5451-B
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
5415-5503 W Saginaw Hwy - 1st Floor - Ste 5451-C
5415-5503 W Saginaw Hwy - 1st Floor - Ste 5451-H
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
5415-5503 W Saginaw Hwy - 1st Floor - Ste 5451A-H
- 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.
Property Facts
| Total Space Available | 40,626 SF | Center Properties | 13 |
| Center Type | Power Center | Gross Leasable Area | 488,675 SF |
| Parking | 1704 Spaces | Total Land Area | 46.30 AC |
| Stores | 0 | Year Built | 1987 |
| Total Space Available | 40,626 SF |
| Center Type | Power Center |
| Parking | 1704 Spaces |
| Stores | 0 |
| Center Properties | 13 |
| Gross Leasable Area | 488,675 SF |
| Total Land Area | 46.30 AC |
| Year Built | 1987 |
About the Property
High-profile suites available in popular retail center in heart of West Lansing’s retail corridor. Anchored by national retailers including Target (shadow anchor), ABC Warehouse, Ashley Homestore and Chuck E Cheese, the center offers strong co-tenancy and consistent customer traffic. Building and pylon signage opportunities, convenient access to I-69 and I-496. Offers excellent traffic counts and access to a dense and affluent customer base.
- Bus Line
- Dedicated Turn Lane
- Pylon Sign
- Signage
Marketing Brochure
Demographics
Demographics
Nearby Major Retailers
Leasing Team
Leasing Team
Carson Patten, Vice President, Retail Advisor
Carson understands retail drivers, and with intimate market knowledge and proven negotiating skills, he has successfully developed strategies that procure quality tenants to realize each property’s potential, and optimal sites that reach customers and drive retail value.
His experience in agency leasing and user representation have enabled him to develop and maintain strong relationships with the brokerage community and national, regional, and local retailers. Carson’s on-the-ground knowledge of existing asset availabilities, familiarity with new developments and market trends, and attention to detail provide value to clients, and ensure no opportunity is overlooked.
About the Owner
Other Properties in the KOHAN RETAIL INVESTMENT GROUP Portfolio
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Lansing Towne Center | 5421-5451 W Saginaw Hwy
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