- For Sale $1,624,000
- Property Type Retail
- Property Size 11,424 SF
- Lot Size 1.42 Acre
- Property Tenancy Single Tenant
- Year Built 1979
- Year Renovated 2020
- Date Updated May 13, 2026
Description
Lansing, the capital city of Michigan, is a vibrant hub of political, educational, and cultural activity. Located in the central part of the state, Lansing has a diverse economy with significant contributions from government, education, healthcare, and manufacturing sectors. The city is home to Michigan's state government and key institutions, including Michigan State University (MSU), one of the largest universities in the country. MSU drives innovation in fields like agriculture, engineering, and healthcare, providing Lansing with a strong research and development presence. Additionally, Lansing’s downtown area features landmarks like the Michigan State Capitol building and the Lansing River Trail, offering scenic paths for recreation along the Grand River.
Culturally, Lansing has a rich history and a growing arts scene. The city is known for its theaters, museums, and festivals that celebrate everything from music to food. The Lansing Art Gallery and the Wharton Center for Performing Arts at MSU are major attractions for arts enthusiasts. Lansing is also a sports town, with MSU's Spartan athletics and the Lansing Lugnuts, a minor league baseball team, drawing local and regional fans. Its neighborhoods, such as Old Town and REO Town, offer a blend of historic architecture, eclectic shops, and dining, making Lansing a unique and dynamic city that balances its political significance with a vibrant community spirit.Fortis Net Lease is pleased to present a Collision Right Repair Center at 3303 N East St. in Lansing, MI. This ten-year double net lease has minimal landlord responsibilities and ten years remaining on the initial term. The lease features 2% annual rent increases and two, five-year options. The lease is guaranteed by CollisionRight, LLC a leading consolidator of automotive collision repair shops in the United States.
The subject property is strategically located in Lansing, the capital of Michigan. The surrounding area has over 150,000 residents within 5 miles. The median household income within 5 miles exceeds $70,000. There are over 50,000 households within 5 miles.
Founded in 2020, CollisionRight has acquired 100 collision repair shops in the past three and a half years, establishing the Company as the 6th largest consolidator and provider of collision repair services in the United States. The Company and its skilled repair technicians aim to provide high-quality, reliable repairs for consumers, using modern technology, paint, and parts, and to be an equally reliable partner to the Company’s insurance carrier partners who pay for the overwhelming majority of repairs undertaken by CollisionRight.
Highlights
- 11,424 SF Collision Right Repair Center on 1.42 Acres
- 2% Annual Rent Increases
- Corporate Guaranteed Lease by CollisionRight, LLC
- New 10 Year NNN Lease
- Two, 5-Year Renewal Options
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Contacts
Robert Bender
Fortis Net Lease
Location
Contact Listing Broker
Robert Bender
Fortis Net Lease