Your email has been sent.
641 E. Grand River Ave., East Lansing 639-643 E Grand River Ave 1,922 SF of Retail Space Available in East Lansing, MI 48823
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 641 | 1,922 SF | Negotiable | $38.86 CAD/SF/YR $3.24 CAD/SF/MO $74,692 CAD/YR $6,224 CAD/MO | Triple Net (NNN) |
1st Floor, Ste 641
- Sublease space available from current tenant
- 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 | 1,922 SF | Gross Leasable Area | 17,073 SF |
| Property Type | Retail | Year Built | 1998 |
| Property Subtype | Storefront Retail/Residential | Parking Ratio | 1.64/1,000 SF |
| Total Space Available | 1,922 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 17,073 SF |
| Year Built | 1998 |
| Parking Ratio | 1.64/1,000 SF |
About the Property
Turnkey Sublease Opportunity in downtown East Lansing across from MSU. Prime Restaurant Space with consistent pedestrian activity. This commercial suite offers strong visibility and functionality, featuring large storefront windows that provide abundant natural light and enhance the overall customer experience. Existing furniture, fixtures, and equipment are available for purchase, allowing for a streamlined setup. Positioned on a prominent corner, the property includes on-site metered doorstep parking, a rare and valuable amenity in Downtown East Lansing that improves convenience and accessibility for patrons. Located within a mixed-use building that includes the 10-unit Campus Gate Apartments and ground-floor tenants Chase Bank and Jimmy John’s, contributing to steady foot traffic. Directly across from Michigan State University, the location benefits from a proven demand for food, beverage, dessert, and quick-service concepts. Along East Grand River Avenue, one of the area’s busiest retail corridors, the property is surrounded by a dynamic mix of national retailers, local restaurants, entertainment venues, and service businesses, reinforcing its position within a highly active and desirable commercial market.
Nearby Major Retailers
Presented by
641 E. Grand River Ave., East Lansing | 639-643 E Grand River Ave
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.