1601-1715 W Mount Hope Ave

Overview

•            Value-Add Opportunity via Lease-Up: With approximately 37,000 SF of vacancy across former grocery, drugstore, bank, and medical suites, significant upside exists through backfilling                anchor and small shop spaces•            Low Operating Expenses: Operating costs are efficiently managed at $95,340 annually, equating to ~$1.94/SF, producing a strong potential for growth through occupancy stabilization•            Prime Neighborhood Location: The Center is situated on W Mount Hope Avenue, a dense residential corridor in Lansing, with great visibility, accessibility, and positioning; ideal for                         attracting essential service, medical, and neighborhood retail tenants•            Proven National Tenant Draw: Historical occupancy by brands such as Family Dollar, Rite Aid, PNC Bank, and Spartan Nash underscores the site’s credibility and positioning for future                national or regional tenants seeking Lansing presence