• Value-Add Opportunity via Lease-Up: With approximately 37,000 SF of vacancy across former grocery, drugstore, bank, and medical suites, significant upside exists through backfilling

anchor and small shop spaces

• Low Operating Expenses: Operating costs are efficiently managed at $95,340 annually, equating to ~$1.94/SF, producing a strong potential for growth through occupancy stabilization

• Prime Neighborhood Location: The Center is situated on W Mount Hope Avenue, a dense residential corridor in Lansing, with great visibility, accessibility, and positioning; ideal for

attracting essential service, medical, and neighborhood retail tenants

• Proven National Tenant Draw: Historical occupancy by brands such as Family Dollar, Rite Aid, PNC Bank, and Spartan Nash underscores the site’s credibility and positioning for future

national or regional tenants seeking Lansing presence

1601-1715 W Mount Hope Ave

For Sale