Retail Commercial Real Estate for Sale in Ingham County, Michigan (MI)

Sale InvestmentRetail

930 E Michigan Ave

930 E Michigan Ave, Lansing, MI 48912

$422.3K
2,973 SF building
0 ac
8.00% cap rate

Presenting a turnkey, income-generating commercial investment property offered at an attractive 8% capitalization rate. Situated at 930 E Michigan Avenue in Lansing, Michigan, this strategic location benefits from high-density traffic and exceptional proximity to key city drivers, sitting directly across the street from University of Michigan Health - Sparrow and within walking distance of the State Capitol building. The property includes a corporate lease structure signed with Safelite Auto Glass and subleased to long-term occupant Henderson Glass, providing stable, multi-layered tenant security. Capitalize on predictable cash flow in a rapidly developing commercial corridor with low landlord maintenance responsibilities. Prime Corridor Location: Located on East Michigan Avenue, directly across from University of Michigan Health - Sparrow and walking distance to the Michigan State Capitol.Lease Structure: Corporate lease backed by Safelite Auto Glass and currently subleased to Henderson Glass.Long-Term Extension & Growth: Extended lease term in place through August 2028 with scheduled annual rent escalations and a 5-year renewal option.Favorable Lease Terms: Tenant is responsible for day-to-day maintenance, interior repairs, HVAC, utilities, snow removal, landscape care, property insurance, and real estate taxes.Zoning & Utility: Approved for commercial/replacement glass operations and additional versatile uses permitted under Lansing Zoning Ordinances.

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Sale/Lease RetailLand

Auto Sales Facility with Separate Repair Building

1315 S Waverly Rd, Lansing, MI 48917

$900K
$3K - $5K Month
2,500 – 2,784 SF
5,484 SF building
2 ac
2 Spaces

Prime Commercial Real Estate Investment Opportunity: Exceptionally positioned on a sprawling 1.56-acre parcel along high-density S Waverly Rd, this versatile property offers outstanding exposure with average daily traffic counts exceeding 14,000 to 16,000+ vehicles per day. Located directly between Lansing Rd and I-496, the site boasts immediate highway connectivity and sits alongside established commercial neighbors including AutoZone, O'Reilly Auto Parts, and Quality Dairy. The property features two standalone structures totaling over 5,200 sq. ft.: a front 2,784 sq. ft. commercial showroom with an attached 4-bay service and vehicle prep shop, plus a separate 2,500 sq. ft. rear building equipped with 4 service bays, an office, and a restroom. Featuring a massive paved lot with parking capacity for 122 vehicles, this turn-key property is an ideal setup for automotive sales, fleet operations, equipment rental, or multi-tenant commercial redevelopment. Parcel Size: 1.56 Acres (Spacious, high-capacity lot)Total Building Area: 5,284 SF across 2 standalone structuresHigh-Volume Parking: Massive paved lot with 122 parking spaces—ideal for vehicle display, inventory storage, or fleet management.High-Traffic Location: Prime frontage on S Waverly Rd with average daily traffic counts of 14,000–16,000+ VPD.Strategic Connectivity: Situated directly between Lansing Rd and I-496 for fast regional freeway access.

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Sale Retail

Collision Right

3303 N East St, Lansing, MI 48906

$1.6M
11,424 SF building
1 ac

Fortis Net Lease is pleased to present a Collision Right Repair Center at 3303 N East St. in Lansing, MI. This ten-year double net lease has minimal landlord responsibilities and ten years remaining on the initial term. The lease features 2% annual rent increases and two, five-year options. The lease is guaranteed by CollisionRight, LLC a leading consolidator of automotive collision repair shops in the United States.The subject property is strategically located in Lansing, the capital of Michigan. The surrounding area has over 150,000 residents within 5 miles. The median household income within 5 miles exceeds $70,000. There are over 50,000 households within 5 miles.Founded in 2020, CollisionRight has acquired 100 collision repair shops in the past three and a half years, establishing the Company as the 6th largest consolidator and provider of collision repair services in the United States. The Company and its skilled repair technicians aim to provide high-quality, reliable repairs for consumers, using modern technology, paint, and parts, and to be an equally reliable partner to the Company’s insurance carrier partners who pay for the overwhelming majority of repairs undertaken by CollisionRight. 11,424 SF Collision Right Repair Center on 1.42 AcresNew 10 Year NNN Lease2% Annual Rent IncreasesTwo, 5-Year Renewal OptionsCorporate Guaranteed Lease by CollisionRight, LLC

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Sale Retail

Dollar General

4668 W Grand River Ave, Webberville, MI 48892

$861K
14,500 SF building
3 ac

Investment Grade Tenant (BBB Rated) – Leased to Dollar General, one of the nation's largest discount retailers with a proven operating history and strong credit profile.16+ Years of Occupancy – Dollar General has successfully operated at this location since 2010 and recently exercised its second renewal option in 2026, demonstrating a long-term commitment to the site.No Renewal Concessions Granted – Tenant exercised its option without receiving rent concessions, tenant improvement allowances, or landlord incentives.Value-Add Opportunity Through Lease-Up – Approximately 4,500 SF of adjacent vacant space provides an opportunity to create additional income and increase overall property value.Below-Market Rent Basis – providing a competitive occupancy cost and long-term tenant stability.Priced Below Replacement Cost – Opportunity to acquire the asset at a basis significantly below the cost to develop a comparable property today.Existing Improvements in Place – Vacant space includes existing subflooring, electrical infrastructure, and other improvements, reducing future tenant buildout costs.Potential for Multiple Tenants – Additional space may be subdivided to accommodate one or two additional retail users, creating flexibility and upside potential.Future Income Growth Potential – Lease-up of the vacant space presents a clear path to increasing NOI and enhancing overall asset value.Established Retail Location – Positioned within a long-standing retail corridor with a stable tenant mix and strong local consumer draw.

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Sale Retail

Advance Auto Parts

1904 N Larch St, Lansing, MI 48906

$755.7K
6,865 SF building
2 ac

6,865 SF Free Standing Single Tenant Advance Auto Parts Situated on 1.9 AcresDouble "NN" Net Lease Structure | Minimal LL ObligationsLow Rent Basis and Low Rent/SF5.5 Years Remaining on the Lease - Tenant's Early Renewal Represents Long Term Commitment to Subject SiteLong Term Lease | Advance Auto Has Occupied Location For Over 20 YearsLocated On Heavily Traveled North Larch (Old US 27) | 20,203 VPDTenant Has (2) Five Year Options w/ Rent IncreasesApprox. Two Miles From the Michigan State Capital & Four Miles From Michigan State UniversityThree Mile Population Radius Exceeds: 75,5100Excellent Demographics For Auto Parts Store*HVAC: LL and Tenant Split Cost Equally For Any Repair Over $500

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Sale Retail

4738-4750 Central Park Drive

4738-4750 Central Park Drive, Okemos, MI 48864

$5M
19,168 SF building
2 ac

CLASS A RETAIL CENTER - 19,168 SF retail and office center featuring attractive brick construction, prominent storefronts and landscaped grounds.HIGH-VISIBILITY HARD CORNER - Located at Grand River Avenue and Central Park Drive with excellent visibility and convenient access from both thoroughfares.100% OCCUPIED | NNN LEASES - Fully occupied by 10 tenants, all operating under NNN leases with expense reimbursements. Most tenants also pay an admin fee.AFFLUENT OKEMOS DEMOGRAPHICS - Average household income exceeds $154,000 within one mile, with approximately 90,477 residents within five miles.NEAR MICHIGAN STATE UNIVERSITY - Close to MSU and its 51,838 students, providing a substantial demand base of students, faculty, staff and visitors.PROXIMITY TO DOWNTOWN LANSING -Convenient access to Michigan’s state capital and the region’s government, business and employment centers.BANK OF AMERICA WITH DRIVE-THROUGH - Longstanding national tenant with drive-through banking and a lease extending through July 2031.DIVERSE TENANT MIX - Bank of America, Domino’s, Milan Laser, Liberty Mutual, Moka & Co. and local operators provide a diversified mix of uses.SERVICE-ORIENTED TENANCY - Dining, banking, wellness and service-based tenants encourage repeat visits and offer limited exposure to e-commerce competition.LARGE 2.99 - ACRE SITE - Ample surface parking, convenient storefront access and strong circulation throughout the property.ESTABLISHED TENANCY - Longstanding tenants include Bank of America and Pacific Tan, while Domino’s lease extends through April 2036. Multiple tenants maintain renewal options.

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