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2701 S Cedar St

Lansing, MI
Total Size
11,201 sqft
Zoning
COMMERCIAL
Year Constructed
1996
Year Renovated
0
Building Class

About 2701 S Cedar St

Subject property includes a 11,201 SF single story, free-standing retail building developed specifically for Rite Aid Pharmacy. The asset is secured by a Net Lease from Rite Aid (Landlord to maintain roof & structure) with the first right of refusal in June 2017. There are 5 - Five Year Options following the primary term of the lease in which rent escalates by 10% in each option period. The lease is guaranteed by Rite Aid, S&P Rated B, with a market cap of more than $5.0B. • Rite Aid• Initial Lease Term Through June 2017• Minutes from Michigan Capitol Building• Blocks from McLaren–Greater Lansing Hospital• Escalations in Option Periods - Area description: Property is located in the heavily traveled S Cedar St commercial corridor of Lansing, Michigan and blocks from McLaren–Greater Lansing Hospital. Interstate I-496 and downtown Lansing, the State Capitol of Michigan, are minutes to the north of this property. Population exceed 210,000 within a 5 mile radius.

Internet Providers for 2701 S Cedar St

Provider Technology Max Download Speed Max Upload Speed
Comcast Cable
1 Gb/s
25 Mb/s
AT&T Michigan DSL
25 Mb/s
3 Mb/s
ACD.net DSL
25 Mb/s
3 Mb/s
Iserv DSL
10 Mb/s
768 kbps
Cavalier Telephone DSL
10 Mb/s
1.5 Mb/s

The Neighborhood: Old Everett

Median Rate Median Size
Old Everett $16
/sqft/yr
1,450
sqft

Median Rate over Time in Old Everett