Okemos Retail Site with Drive-Thru

1575 W Grand River Ave. Okemos, MI 48864

Okemos
FOR LEASE
Property Type:
Free Standing Building
Amount:
Please Call Broker for Price

Cap Rate:
0.00%
Last Verified:
Jun 23, 2025

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LEASE RATE: $18.00 PSF/YR, NNN AVAILABLE SPACE: • 4,822 SF bank space with drive-thru can be divided to minimum of 2,000 SF • Building could be consolidated to 6,004 SF • Future development could expand the entire site to 10,404 SF PROPERTY FEATURES: • Easy access, single story with numerous private offices, conference room, dedicated storage and kitchen/break room • Power: 600 amp, 120/208 volt, 3 phase, 4 wire main service • Parking lot with 65± spaces and multiple access points • Corner lot on Grand River Avenue with prominent monument signage • Well maintained space, nicely landscaped and professionally managed • Thriving retail corridor next to Tom’s Food Center, and nearby anchor retailers Meridian Mall, Home Depot, Target, Kroger and Meijer • Location features above average demographics and traffic counts of 18,097 VPD

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Map of 1575 W Grand River Ave. , Okemos, MI, 48864

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.