Sherwin-Williams and Destiny Dental

$1,751,685.00

Address	5601 S Cedar St Lansing, MI 48911
Lease	Corporate
Lease Type	NNN
Cap Rate	6.65%
NOI	$116,487.24
Rent Increase \| Date	Greater of 5-year unlimited CPI or 10% per 5-year Term

Category: Featured Listings

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Description

Triple Net Investment Group is proud to present 5601 S Cedar St, Lansing, MI. This Multi Tenant Building is occupied by two tenants: Sherwin-Williams and Destiny Dental. This Retail Center is a 8,165 SF building with a lot size of 1.69 Acres and a new roof with a 20 year warranty. Strategically located in a high-traffic, hard-corner retail location at traffic signal free standing and wall signage.

 Located at high traffic, hard-corner retail location- free standing and excellent wall signage
 Strong Population 5-mile radius : 137,614
 Corporate Tenants – Sherwin-Williams: Investment Grade BBB | Desti-ny Dental: Dental Practice with Twenty (20) locations
 Located near many national tenants such as Speedway, McDonald’s, AutoZone, Walgreens, O’Reilly Auto Parts, Burger King, Fazoli’s, MEI-JER, Dominos, Valvoline and less than 1.5 miles from I-96 Expressway Interchange
 Destiny Dental pays management fee of up to 5% of rent and Sherwin William pays management fee of up to 10% of the CAM charges
 New roof with 20 years roof warranty

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