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