Trowbridge Mixed-Use Urban Center

Retail-Commercial for Lease
Catylist Listing ID: 29550105
Property Subtypes: Free-Standing Building, Mixed Use
Contiguous Space: 1,688 - 6,654 SF
Gross Building Area: See Agent
Gross Land Area: 6.83 Acres
Lease Rate: $20 - 28 PSF (Annual)
Lease Types: NNN
Building Name: Trowbridge Village Mixed-Use Urban Center
Last Updated: 8/21/2017

Overview / Comments

New 4-story mixed-use building with 6,654 square feet of 1st floor build-to-suit space immediately available and ideal for a restaurant complete with heated outdoor seating in the corridor which is the gateway to the center. Trowbridge Village is a vibrant, new mixed-use urban village across from the Michigan State University campus, which offers dynamic new places to live, shop and dine. Trowbridge Village has been crafted to expand the vitality of East Lansing and to provide a high quality mixed-use commercial experience which includes upscale housing options. This project is a catalyst in the district by providing renovated and new commercial space that includes mixed-uses with housing options to promote the region and support MSU anchored by Fresh Thyme Farmer's Market, a 31,000 square foot grocery store. The project enhances the perception of East Lansing as a full service, mixed-use, urban environment. Trowbridge Village is a multi-building project created to address the needs and desires of the emerging Creative Class of Young Professionals, students who do not want to live in dorms or residence halls, and provides enhanced healthy food choices for all residents.

Expand All Available Space

Suite: 1030 6,654 SF $20 - 28 PSF (Annual) NNN
Level/Floor: 1
Space Available: 6,654 SF
Minimum Divisible: 1,688 SF
Lease Rate: $20 - 28 PSF (Annual)
Lease Type: NNN
Space Description: End-cap space up to 6,654 square feet immediately available and ready for buildout. Ideal for restaurant given available outdoor seating in a corridor which is the gateway to the center. Also ideal for destination professional office or medical office. The space can be divided to accommodate a smaller restaurant along with service retail or professional/medical office.
Date Available: 6/1/2015
Lease Term: 60 Months
Space Type: Relet
Tax Expenses $4 PSF (Annual)
Operating Expenses $1 PSF (Annual)
CAM Expenses $1 PSF (Annual)

Additional Details

Nearest MSA: Lansing-East Lansing
County: Ingham
Submarket Type: Central Business District
Taxing Authority: City of East Lansing
Tax ID/APN: 33-20-01-24-122-023
Zoning: COMMERCIAL
Market Type: Medium
Property Located Between: NW Corner of Trowbridge & Harrison
Side of Street: North
Road Type: Paved, Highway Interchange
Property Visibility: Excellent
Transportation: Bus, Highway, Airport, Taxi
Highway Access: The project is located within walking distance to the MSU Campus and within 1/8 of a mile from US-127, I-496 & I-96 highway systems (dedicated "Trowbridge Road Exit" off I-496). Project located at the NW corner of Trowbridge & Harrison Roads.
Airports: Capital City International Airport, Lansing, MI 48906
Site Description: 6,654 square feet (divisible) immediately available on 1st floor of 4 story mixed-use building which will contain 99 beds/57 units creating a captive on-site audience across from the MSU campus.
Area Description: 45,000 Daily Traffic Count - Trowbridge & Harrison Road, East Lansing
Total Number of Buildings: 1
Number of Stories: 4
Typical SF / Floor: 6,654 SF
Property Condition: Excellent
Year Built: 2015
Construction/Siding: Brick
Parking Type: Surface
Zoning Description: Commercial, retail

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,722 105,864 203,193
Median Age: 21.84 30.19 32.55
Households: 2,039 39,992 81,504
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