4880 S Waverly Rd

Retail-Commercial for Lease
Catylist Listing ID: 30357496
Property Subtypes: Free-Standing Building
Contiguous Space: 10,536 SF
Building Size (RSF): 10,536 SF
Gross Building Area: See Agent
Gross Land Area: 2.34 Acres
Lease Rate: $12 PSF (Annual)
Base Monthly Rent: $10,536
Lease Types: NNN
Last Updated: 5/24/2019

Overview / Comments

This former pawn shop & jewelry store was recently annexed from Delta Township to the City of Lansing. That along with its zoning designation makes this property a prime candidate for a provisionary center. This property sits prominently along the Waverly Rd corridor just North of Jolly Rd. This building was built in 1972 with a large expansion in 1998. There are two showrooms with their own distinct aesthetics, a large warehouse space with a single overhead door, 6 furnaces and a large transformer that can serve all the power needs. The property also features advanced security features with a gated barbed wire fence surrounded the perimeter along the sides and rear of the building. There are 4 roll-down doors security doors, 3 teller windows separated with bulletproof glass, and a steel reinforced vault in the heart of the building. There are also a number of large private offices with high-end wood finishes. The property is for sale, or lease.

Expand All Available Space

Suite: 1 10,536 SF $12 PSF (Annual) NNN
Level/Floor: 1
Space Available: 10,536 SF
Lease Rate: $12 PSF (Annual)
$10,536 (Monthly)
Lease Type: NNN
Date Available: 12/3/2018
Space Type: Relet

Additional Details

Nearest MSA: Lansing-East Lansing
County: Ingham
Taxing Authority: City of Lansing
Tax ID/APN: 040-036-400-270-00
Zoning: F COMMERCIAL
Retail Clientele: General
Property Visibility: Excellent
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Good
Year Built: 1972
Year Renovated: 1998
Parking Type: Surface
Sprinklers: Wet
Heat Type: Natural Gas
Legal Description: COM 475 FT N OF SE CORNER OF SEC 36, N 150 FT, W 211.20 FT, N 200 FT, W 221.80 FT, S 350 FT, E 433 FT TO BEG. SEC. 36, T4N,R3W, DELTA TOWNSHIP 2002.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,117 65,456 164,494
Median Age: 32.97 36.26 35.67
Households: 4,134 27,447 70,235
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