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3915 W Saginaw Hwy

Lansing, MI
Total Size
14,508 sqft
Year Constructed
Year Renovated
Building Class

About 3915 W Saginaw Hwy

Subject property includes a 14,508 SF single story, free-standing retail building developed specifically for Walgreens Pharmacy. The asset is secured by a Net Lease from Walgreens with 7+ years remaining until the first right of termination. After the base term of the initial 20 year lease which expires in 2021, the lease automatically continues in full force and effect for another 40 years unless Walgreens cancels. Walgreens may cancel at the end of the 20th lease year and every 5 year period thereafter. The lease is guaranteed by Walgreens Co., the largest pharmacy retailer in the country with a market cap of more than $53B. • Walgreens Signalized Corner• 7+ Years Remaining• Net Lease on Walgreens• Assumable Loan Note - Area description: Property is located at a major signalized corner in Lansing, Michigan. Lansing is the Capital of Michigan and is part of Eaton county and this property is located just West of the Capital City Center and just East of the Lansing Mall. It is situated on the southwest corner of W Saginaw Hwy and N Waverly Road.

Internet Providers for 3915 W Saginaw Hwy

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

The City: Waverly

Most listings are in the $10's per square foot per year. The Waverly region is going through a decline in rates. In the last 3 months, the median rate decreased $0 per sqft per year. That's a 1% decrease in rent.

Median Rate Median Size
Waverly $18

Median Rate over Time in Waverly