5206-5210 West Saginaw Highway

5206-5210 W Saginaw Highway is located in Delta Charter Township, Eaton County, along the high-traffic W Saginaw Highway retail corridor (±26,672 VPD) just west of downtown Lansing, MI. The C-3 zoned property offers strong visibility and access, with ample on-site parking (±150 spaces).NAI Farbman is pleased to present 5206-5210 W Saginaw Highway, a 21,410 SF multi-tenant retail center in Delta Township (Lansing), MI. The property has been fully repositioned from roughly 23% occupancy at acquisition to 100% leased across three tenants: United States Postal Service, All-of-Us Children's Express Theatre, and ETS Enterprises. Situated on 2.14 acres along the high-traffic W Saginaw Highway corridor (±26,672 VPD), the asset offers a diversified rent roll and in-place NOI of approximately $166,100. Offered at $2,200,000. Reflecting an in-place cap rate of approximately 7.55%. Lease expirations are laddered from 2030 (USPS) through 2031 (All-of-Us Children's Express Theatre) and 2033 (ETS Enterprises), reducing rollover risk. Recent capital improvements — including a 2012 roof replacement, a 2022 parking lot resurfacing, and substantial landlord-funded tenant build-outs — have meaningfully extended the Property's useful life and tenant appeal. The Property is minutes from General Motors' Lansing Delta Township Assembly plant and benefits from excellent regional access via I-69, I-96, and I-496.