18,510 SF Office Building - Fully Leased, Single Tenant Investment Sale

SALE PRICE: $4,500,000. 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 long-term lease, 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.

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