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Waverly Plaza 603 N Waverly Rd

1,336 - 5,709 SF of Space Available in Lansing, MI 48917

Space Availability (3)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor, Ste 2B
  • 1,336 SF
  • Negotiable
  • $19.69 CAD/SF/YR $1.64 CAD/SF/MO $211.94 CAD/m²/YR $17.66 CAD/m²/MO $2,192 CAD/MO $26,305 CAD/YR
  • Triple Net (NNN)
Space Use
Office/Retail
Condition
-
Availability
30 Days

Recently remodeled center

  • Lease rate does not include utilities, property expenses or building services
  • Professionally Managed
  • Garage Service Door on Back
  • 1st Floor, Ste 3A
  • 2,253 SF
  • Negotiable
  • $19.69 CAD/SF/YR $1.64 CAD/SF/MO $211.94 CAD/m²/YR $17.66 CAD/m²/MO $3,697 CAD/MO $44,361 CAD/YR
  • Triple Net (NNN)
Space Use
Retail
Condition
Full Build-Out
Availability
Now

2,253 square foot retail space with a garage Service door on back located in a recently remodeled center. Professionally managed and located on a high traffic corner.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Retail space in professionally managed center
  • Recent renovations
  • High traffic area
  • 1st Floor, Ste 6
  • 2,120 SF
  • Negotiable
  • $19.69 CAD/SF/YR $1.64 CAD/SF/MO $211.94 CAD/m²/YR $17.66 CAD/m²/MO $3,478 CAD/MO $41,742 CAD/YR
  • Triple Net (NNN)
Space Use
Retail
Condition
-
Availability
Now

Suite 2B was a former salon Garage Service door on back of Suite 3A Recently remodeled center Professionally managed High traffic corner

  • Lease rate does not include utilities, property expenses or building services
  • Located in-line with other retail
Space Size Term Rental Rate Rent Type
1st Floor, Ste 2B 1,336 SF Negotiable $19.69 CAD/SF/YR $1.64 CAD/SF/MO $211.94 CAD/m²/YR $17.66 CAD/m²/MO $2,192 CAD/MO $26,305 CAD/YR Triple Net (NNN)
1st Floor, Ste 3A 2,253 SF Negotiable $19.69 CAD/SF/YR $1.64 CAD/SF/MO $211.94 CAD/m²/YR $17.66 CAD/m²/MO $3,697 CAD/MO $44,361 CAD/YR Triple Net (NNN)
1st Floor, Ste 6 2,120 SF Negotiable $19.69 CAD/SF/YR $1.64 CAD/SF/MO $211.94 CAD/m²/YR $17.66 CAD/m²/MO $3,478 CAD/MO $41,742 CAD/YR Triple Net (NNN)

1st Floor, Ste 2B

Size
1,336 SF
Term
Negotiable
Rental Rate
$19.69 CAD/SF/YR $1.64 CAD/SF/MO $211.94 CAD/m²/YR $17.66 CAD/m²/MO $2,192 CAD/MO $26,305 CAD/YR
Rent Type
Triple Net (NNN)
Space Use
Office/Retail
Condition
-
Availability
30 Days

Recently remodeled center

  • Lease rate does not include utilities, property expenses or building services
  • Professionally Managed
  • Garage Service Door on Back

1st Floor, Ste 3A

Size
2,253 SF
Term
Negotiable
Rental Rate
$19.69 CAD/SF/YR $1.64 CAD/SF/MO $211.94 CAD/m²/YR $17.66 CAD/m²/MO $3,697 CAD/MO $44,361 CAD/YR
Rent Type
Triple Net (NNN)
Space Use
Retail
Condition
Full Build-Out
Availability
Now

2,253 square foot retail space with a garage Service door on back located in a recently remodeled center. Professionally managed and located on a high traffic corner.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
  • Retail space in professionally managed center
  • Recent renovations
  • High traffic area

1st Floor, Ste 6

Size
2,120 SF
Term
Negotiable
Rental Rate
$19.69 CAD/SF/YR $1.64 CAD/SF/MO $211.94 CAD/m²/YR $17.66 CAD/m²/MO $3,478 CAD/MO $41,742 CAD/YR
Rent Type
Triple Net (NNN)
Space Use
Retail
Condition
-
Availability
Now

Suite 2B was a former salon Garage Service door on back of Suite 3A Recently remodeled center Professionally managed High traffic corner

  • Lease rate does not include utilities, property expenses or building services
  • Located in-line with other retail

Rent Types


The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.

1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.

2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.

3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.

4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.

5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.

6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.

7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.

PROPERTY FACTS FOR 603 N Waverly Rd , Lansing, MI 48917

Property Type Retail
Property Subtype Retail
Gross Leasable Area 18,000 SF
Total Land Area 2.64 AC
Year Built/Renovated 1987/2014
Parking Ratio 4.13/1,000 SF

About the Property

602 Waverly Road is a professionally managed retail center located in Lansing, Michigan. Suite 2B was a former salon Garage Service door on back of Suite 3A Recently remodeled center Professionally managed High traffic corner

  • Bus Line
  • Pylon Sign
  • Signage
  • Listing ID: 28578083

  • Date on Market: 2024-11-26

  • Last Updated:

  • Address: 603 N Waverly Rd, Lansing, MI 48917

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