Listings / RITE AID

RITE AID 1019 West Saginaw Street, Lansing, MI 48915

Price $1,695,238

Cap Rate 10.50%

NOI $178,000

Price Per SF $145

Leasable Area 11,680 SF

Term Remaining ± 2.5 Years

Occupancy 100%

Status available

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Broker of Record
Kyle Matthews
License No. 6505399495 (MI)
Matthews Retail Group, Inc.
841 Apollo Street. Suite 150, El Segundo, CA 90245
(310) 919-5757

INVESTMENT HIGHLIGHTS:

Lease: Secure, Corporate Lease with National Tenant and Strong Operating History

Highly Trafficked Location in Close Proximity to Michigan State University

Growing Area with Planned Development in Place