515 Lansing Rd

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515 Lansing Rd

charlotte, MI 48813
Asking Rate
Contact for rate
Asset Type
Retail
Class
Class B

What's Special

515 Lansing Road is situated along a primary commercial corridor in Charlotte, Michigan, providing direct visibility and ease of access to local traffic. The neighborhood is characterized by a mix of established retail centers, automotive services, and residential subdivisions. Nearby amenities include national grocery chains, fast-food franchises, and professional service offices. The property is positioned near the intersection of Lansing Road and I-69, facilitating efficient regional transportation links to the greater Lansing metropolitan area and surrounding Eaton County communities. This retail asset is suited for businesses requiring high visibility and consistent daily traffic counts. Ideal use cases include multi-tenant community shopping centers, standalone flagship stores, or service-oriented retail such as fitness studios and specialized medical clinics. Typical tenants for this location include regional franchises, local consumer goods retailers, and convenience-based service providers. The layout and site positioning support operations that benefit from prominent signage and convenient surface parking for a diverse customer base.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

Location & Travel Times