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Former La-Z-Boy Furniture Galleries 6025 W Saginaw Hwy 29,481 SF of Retail Space Available in Lansing, MI 48917

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HIGHLIGHTS

  • Parking is Expandable by 20+ Spaces Depending Upon Tenant Specific Site Plan
  • Nearly 30k Cars Per Day on Busy W. Saginaw Hwy.
  • 16' Ceilings, Wet Sprinkled
  • Large Pylon Sign
  • Great Visibility, Corner Lot
  • Large Showroom with Warehouse and Office Space

SPACE AVAILABILITY (1)

Display Rental Rate as

  • SPACE
  • SIZE
  • TERM
  • RENTAL RATE
  • RENT TYPE
  • 1st Floor
  • 29,481 SF
  • Negotiable
  • $15.90 CAD/SF/YR $1.32 CAD/SF/MO $468,711 CAD/YR $39,059 CAD/MO
  • Triple Net (NNN)
Space Use
Retail
Condition
Full Build-Out
Availability
Now

This 30,000 SF block building, constructed in 1999 and renovated in 2006, boasts a spacious showroom, warehouse, multiple offices, conference rooms, and a break room.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Retail Space
  • Central Air and Heating
  • Private Restrooms
  • Print/Copy Room
  • Closed Circuit Television Monitoring (CCTV)
  • Fits 75 - 240 People
Space Size Term Rental Rate Rent Type
1st Floor 29,481 SF Negotiable $15.90 CAD/SF/YR $1.32 CAD/SF/MO $468,711 CAD/YR $39,059 CAD/MO Triple Net (NNN)

1st Floor

Size
29,481 SF
Term
Negotiable
Rental Rate
$15.90 CAD/SF/YR $1.32 CAD/SF/MO $468,711 CAD/YR $39,059 CAD/MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Condition
Full Build-Out
Availability
Now

This 30,000 SF block building, constructed in 1999 and renovated in 2006, boasts a spacious showroom, warehouse, multiple offices, conference rooms, and a break room.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Retail Space
  • Central Air and Heating
  • Private Restrooms
  • Print/Copy Room
  • Closed Circuit Television Monitoring (CCTV)
  • Fits 75 - 240 People

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 FORMER LA-Z-BOY FURNITURE GALLERIES

  • Klingman's Of Lansing

PROPERTY FACTS

Total Space Available 29,481 SF
Property Type Retail
Property Subtype Freestanding
Gross Leasable Area 29,481 SF
Year Built 1999
Parking Ratio 2.5/1,000 SF
Cross Streets Stone Ridge Dr.

ABOUT THE PROPERTY

This 30,000 SF block building, constructed in 1999 and renovated in 2006, boasts a spacious showroom, warehouse, multiple offices, conference rooms, and a break room. Previously serving as a successful La-Z-Boy showroom for 18 years, then Klingman’s Furniture for 3 years the building offers a proven track record and a prime location on West Saginaw Highway. The expansive 2.12-acre lot provides ample parking, with the potential to expand to accommodate even more customers. Two truck-height loading docks with 16' ceilings and wet sprinklers make this property ideal for retail or distribution businesses.

  • Pylon Sign
  • Signage
  • Tenant Controlled HVAC
  • Air Conditioning

NEARBY MAJOR RETAILERS

Huntington National Bank
Kroger
Flagstar
PNC Bank
Cheddar's Scratch Kitchen
Red Robin
LongHorn Steakhouse
Logan's Roadhouse
Planet Fitness
Crunch Fitness
  • Listing ID: 33191217

  • Date on Market: 2019-09-20

  • Last Updated:

  • Address: 6025 W Saginaw Hwy, Lansing, MI 48917

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