For Sale

1060 Trowbridge Rd

1060 Trowbridge Rd,
East Lansing, MI 48823

Asset Snapshot

Full Service
Retail Subtype
1966
Year Built
1
Floor Count
0.37 Acres
Land Area

Offering Summary

Investment Overview

1060 Trowbridge Rd presents a freestanding 7,975 SF retail building on a 0.37-acre parcel along East Lansing’s Trowbridge Road corridor. The property comes with an existing commercial kitchen and hood system in place. That gives a restaurant operator a fast, cost-effective path to opening and avoids the major expense and delays of a ground-up kitchen build-out. The current tenant occupies approx 75% of the building and can vacate deliver vacant. Buyers can reconfigure the space, re-tenant at market rents, or occupy the building themselves. An owner-operator can run a restaurant in part of the building and lease the remaining space to offset debt service. An investor can reposition the asset as a multi-tenant retail center. The site sits minutes from Michigan State University, among national and local draws including Starbucks, Marriott, Taco Bell, and a well-known local market. The area brings steady traffic from students, faculty, hotel guests, and nearby residents, along with strong visibility and solid demographics.


Investment Highlights

  • Multi-tenant street retail investment opportunity
  • Configured with 4 units
  • Zoned B-2
  • Includes billboard signage at the highway exit for exposure
  • Existing commercial kitchen equipment and hood system in place
  • Restaurant-ready, saving significant build-out cost and time
  • Ideal for an owner-user: operate a restaurant and lease the remaining space for income
  • Minutes from Michigan State University
  • Nearby businesses include Starbucks, Marriott, Taco Bell, and a well-known local market
  • Strong surrounding demographics and steady traffic from students, faculty, hotel guests, and residents

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Listing Syndicated From

Buildout
Accepting Offers
$1,300,000
Asking Price

Investment Sales Broker

Brenda Asmar
NAI Farbman

Market Insights