- For Sale $4,500,000
- Property Type Office
- Property Size 18,510 SF
- Lot Size 1.74 Acre
- Cap Rate % 7.25
- Rental Income / YR $326,874.00
- NOI / YR $326,874.00
- Zoning C-Commercial
- Additional Rent $18.31/SF
- # of Floors 1
- Average Floor Size 18,510 SF
- Parking Spaces Avail. 79
- Parking Ratio 4.27 / 1,000 SF
- Property Tenancy Single Tenant
- Building Class B
- Year Built 1985
- Year Renovated 2015
- Date Updated Feb 16, 2026
- Visibility/Traffic Count (VPD) 23,873
Description
Martin Commercial Properties is pleased to exclusively present the opportunity to acquire a fully leased, single-user office building at 7050 W. Saginaw Highway in Lansing, Michigan. This 18,510 SF property, situated on 1.73 acres, was originally built in 1985 and underwent a significant renovation in 2015 to meet the needs of the current tenant.
The modern facility features a formal reception area, a blend of private and open office spaces, a café, glass-walled conference rooms, and heavy power capacity. Ample free, door-step parking enhances accessibility, and the property is professionally managed, ensuring it remains in excellent condition.
The building is fully occupied by Colliers Engineering & Design, a reputable engineering and architecture firm. Colliers signed a 10-year lease in 2021, with current rent set at $18.31/SF NNN and annual escalations of 2.5%, offering stable and growing income for investors.
Strategically positioned on Saginaw Highway, a major arterial road in Lansing’s thriving west submarket, the property benefits from a central location within a vibrant retail corridor. With easy access to Creyts Road, Canal Road, and nearby highways, this asset combines excellent visibility with convenience, making it an attractive investment opportunity in a dynamic market.
Highlights
- Strategically positioned on Saginaw Highway, a major arterial road in Lansing’s thriving west submarket, the property benefits from a central location within a vibrant retail corridor. With easy access to Creyts Road, Canal Road, and nearby highways, this asset combines excellent visibility with convenience, making it an attractive investment opportunity in a dynamic market.
- Door-step Parking
False
Contacts
Martin Commercial Properties, Inc.
Martin Commercial Properties, Inc.