This 11,680 square foot Rite Aid is situated on a .76 acre parcel at the signalized, hard corner intersection of West Saginaw Street and North Martin Luther King Boulevard with access to 30,000 vehicles per day. The site is adjacent to Sparrow Hospital’s St Lawrence Campus as well as a large medical office building providing a direct consumer base from the site to draw from. National/credit...
This 11,680 square foot Rite Aid is situated on a .76 acre parcel at the signalized, hard corner intersection of West Saginaw Street and North Martin Luther King Boulevard with access to 30,000 vehicles per day. The site is adjacent to Sparrow Hospital’s St Lawrence Campus as well as a large medical office building providing a direct consumer base from the site to draw from. National/credit tenants in the area include Dairy Queen, Sherwin-Williams, JOANN Fabric and Crafts, Subway, Arby’s and more. A robust population of 182,570 residents earning an average annual income of $56,524 support the 5-mile trade area. Lansing is located in Ingham County and is the capital of Michigan. The Lansing Metropolitan Area, colloquially called “Mid-Michigan”, is an important center for educational, cultural, governmental, commercial, and industrial functions. The area is home to two medical schools, one veterinary school, two nursing schools, two law schools (including Thomas M. Cooley and Michigan State University College of Law), a Big Ten Conference university (Michigan State), the Michigan State Capitol, the state Supreme Court and Court of Appeals, a federal court, the Library of Michigan and Historical Center, and headquarters of four national insurance companies. The Grand River, the largest river in Michigan, flows through downtown Lansing; and the Red Cedar River, a tributary of the Grand, flows through the campus at Michigan State University. There are two lakes in the area, Park Lake and Lake Lansing, both northeast of the city. Lake Lansing is approximately 500 acres in size and is a summer favorite for swimmers, boaters, and fishermen. Michigan State University Sailing Club and the Lansing Sailing Club are located on Lake Lansing, where sailing regattas are hosted throughout the summer. The subject property is located 1 miles northwest of downtown Lansing, Michigan.