Contacts
Martin Commercial Properties, Inc.
Property Details
- 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 May 15, 2025
- Visibility/Traffic Count (VPD) 23,873
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.
Reach out to the broker for more info on lease terms and amenities
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
Getting around
-
43/100
Walk Score ®
-
32/100
Bike Score ®
Location
- City Lansing, MI
- Neighborhood Waverly
- Zip Code 48917
- Market Lansing - Ann Arbor
Points of Interest
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East Lansing
8.17 miles
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Tesla, Inc.
0.11 miles
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Speedway
0.19 miles
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Shell
0.28 miles
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ClipperCreek
0.45 miles
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Kroger Fuel
0.50 miles
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Electrify America
1.03 miles
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BJ’s Gas
1.10 miles
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Sunoco
1.23 miles
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Mobil
1.26 miles
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GE
1.34 miles
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Lansing - Northwest
3.18 miles
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Anderson Park 2
3.73 miles
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Capital Airport Parking
3.97 miles
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Cellphone Lot @ LAN
4.01 miles
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Hall of Justice Surface Lot
4.48 miles
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Hall of Justice West Ramp
4.48 miles
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Hall of Justice East Ramp
4.54 miles
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Butler Lot
4.62 miles
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State Visitor Parking
4.64 miles
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Ottawa Surface Lot
4.66 miles
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Fairfield Inn & Suites Lansing West
0.14 miles
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Residence Inn Lansing West
0.20 miles
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Quality Inn & Suites
0.22 miles
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Motel 6
0.24 miles
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Red Roof Inn
0.34 miles
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Ramada Lansing Hotel & Conference Center
0.36 miles
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Hampton Inn & Suites
0.41 miles
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Comfort Inn
0.52 miles
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Hilton Garden Inn Lansing West
0.54 miles
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SpringHill Suites Lansing
1.08 miles
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Horrocks Farm Market
0.38 miles
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Kohl's
0.40 miles
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Kroger
0.51 miles
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Once Apon a Child
1.01 miles
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Gift & Bible / Diane's Halmark / Teaching Center
1.02 miles
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Walmart Supercenter
1.13 miles
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ALDI
1.21 miles
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Target
1.29 miles
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Lansing Mall
1.33 miles
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JCPenney
1.36 miles
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
Martin Commercial Properties, Inc.
