Okemos, MI Retail Property For Sale

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Retail for Sale

Okemos, MI 48864

Multiple parcel redevelopment opportunity across from the Meridian Mall.

Two properties combine for 4.27 acres with 305 feet of frontage on Marsh Road, directly across from the Meridian Mall. Property allows for a 3-story building, making it perfect for corporate headquarters, office building or hotel user.

Location is convenient to the surrounding communities of East Lansing and MSU Campus, Okemos, Haslett, Williamston, and many more. Surrounded by national retailers including Dick's Sporting Goods, Target, Marshall's, Kroger, Bed Bath and Beyond, Home Depot, Kohl's and many many more.

Retail for Sale

Okemos, MI 48864

Absolute Net Lease | Zero Landlord Responsibilities

Original 25-Year Lease with 12 Years Remaining in Term

Corporate Back Guarantee | Walgreens Boots Alliance S&P “BBB”

Close Proximity to Michigan State University | Over 50,000 Students at the Main Campus

Prototypical Free Standing Building Equipped with Drive-Thru

Excellent Demographics: Population Exceeds 113,707 within 5 Miles

Hard Corner Location With Excellent Visibility on Signalized 4-Way Intersection

Combined Traffic Counts Exceed 40,755+ Vehicles per Day on Grand River and Okemos Road

Average Household Income: $95,098 in 3 Mile Radius

Main Retail Corridor | Located within 0.7 Miles of the Meridian Mall

Surrounded by National Tenants: Chick-fil-A, Midas, Discount Tire, Meijer, Jimmy John's, Belle Tire, McDonald's, Taco Bell, Burger King, Best Buy and Many More

Retail for Sale

Okemos, MI 48864

This Target and Kroger shadow anchored resturant site is located in the popular Meridian Township entertainment and shopping area across from Meridian Mall. The site features outstanding road frontage on both Marsh Road and Newman Road. Major retailers such as Home Depot, Dicks Sporting Goods, Marshalls, and Target are all in the immediate surrounding area of the site.

Outback will vacate this site in February 2022

*18,974 Average Daily Traffic Count Marsh Road

*194 Parking Spaces

*Fully Improved Restaurant Site

*Unrivaled High Exposure Location

*2.9 Acres with great redevelopment potential

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