3320 E Lake Lansing Rd, East Lansing, MI 48823

SVN | Stewart Commercial Group is pleased to present for sale East Bend Place located in the university community of East Lansing, Michigan. The 9,360 square foot center features 5- Tenant suites and is 100% occupied. The exceptional Lake Lansing Road location provides easy access to the Michigan State University campus, the state of Michigan’s largest university with an enrollment of over 50,000 students. Neighboring retail includes the Eastwood Town Center (DSW, Gap, Pottery Barn, Dick’s Sporting Goods, P.F. Chang’s, Champps), Walmart, Sam’s Club Kroger, Meijer, and many others. East Lansing, MI successfully blends a thriving academic community with a business culture that is entrepreneurial and stable. Area demographics are strong with a population density of close to 50,000 in the city and 150,000 within a five-mile radius. The state capitol in Lansing, MI is located less than 6 miles away from East Bend Place. SVN | Stewart Commercial Group is pleased to present for sale East Bend Place located in East Lansing, Michigan. The property is offered at a 8.54% cap rate and provides the investor with a stable, diversified, and e-commerce resistant tenant mix. The 9,360 square foot center features 5- Tenant suites and is 100% occupied. The tenants enjoy excellent exposure and visibility and their customers appreciate ample parking at the door. The majority of the Tenant's are on NNN and pay a prorate share of property taxes, property insurance, and Common Area Maintenance. The roof and parking lot have been recently replaced and there is no known deferred maintenance at the property.