• Year Built: 1983
4929 S Cedar St is aretail property for lease in Lansing, MI.
This Triple Net leased investment is a 3 tenant strip center in Lansing MI on Cedar Street near Jolly Rd. With a 9 cap return with in place tenants, this property has a significant value add, as a third tenant could place the property in an 11 cap range.
Daily traffic count is 33,000
Current tenants are long term and have had recent renewals.
Please see the links section for the full offering memorandum and property information.
Property was built in 1983. Current SEV is $293,900. Property size is .52 Acres
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- Kevin Vandenboss, agent and Rofo Pro