Gander Mountain Lansing, MI

8505 Menard Dr
Lansing, MI

Price: $12141000
Cap Rate: 6.75%
NOI: $819,465
Building Size: Approx. 52000 Sq. Ft.
Lot Size: Approx. 5.35 Acres
Type: Single-Tenant / Retail
Sub Category: Anchor
Year Built: 2016

Investment Overview

  • RELO to larger format | 52,000+/- SF Building on 5.35+/- Acre Site
  • New 15-Yr Corp Absolute NNN Lease beginning October 2016
  • Located along Delta Market Dr, just West of I-96 (51,000 VPD)
  • Gander MTN is part of The Marketplace at Delta Township SC (52,000 SF)
  • 8 Miles E of Lansing Mall (830,052 SF) | 11-Miles E of MSU (50,085 students)
  • Major Employers: Michigan State University (11,100 Empl.), Lansing Community College
  • Insurance Co’s HQ: Owners, Jackson National Life, The Accidental Fund, & Michigan Millers
  • 5-Mile Estimated 2016 Population: 58,577  | 3-Mile Average HH Income:  $75,592
  • Lansing is the capital of the U.S. state of Michigan and 5th largest city in Michigan

Copyright © 2024 Secure Net Lease.