Culver’s Lansing, MI

3115 Centre Blvd
Lansing, MI

Price: $3,400,000
Cap Rate: 7.23%
NOI: $245,886
Building Size: Approx. 4,207 Sq. Ft.
Lot Size: Approx. 1 Acres
Type: Single-Tenant / Retail
Sub Category: QSR
Year Built: 2012

Investment Overview

  • 2012 Construction. 4,207+/- SF Building on 1.00+/- Acre Site
  • 5+ Yrs Left on 15 Yr NN Lease w/ (2) 5 Yr Renewal Options
  • Subject Property is Located on Pad Site of a Walmart Supercenter & Sam’s Club (63K VPD)
  • Strong Income Demos w/ an est. $86,021 within a 1-Mile Radius
  • Near Pottery Barn, Lululemon, Gap, Apple, DSW, Old Navy, DICK’S Sporting Goods, etc.
  • Culver’s is a Growing, Nationally Recognized QSR Chain w/ Great Store Track Record
  • Lansing  |  Michigan State Capital  |  Population: 117,000+