Admiral Petroleum | 5200 S Pennsylvania Ave -… — Sale in Lansing, MI
- Price: Contact for price
- Listing type: For sale
- Asset type: Retail Business
- Location: Lansing, MI 48911
Photos
Investment Figures
- Cap rate
- 6.50%
Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.
Description
Marcus & Millichap is pleased to present a 30 property Admiral Petroleum portfolio, comprising 29 Michigan assets and one Indiana asset. The portfolio offers flexible acquisition strategies, with each property available individually or as part of a larger package. Investment Highlights: • Long Term Lease | Current Term Runs Through May 2036 • Four, Five Year Renewal Options | Built-In Annual Rent Increases • Can be Purchased as an Individual Property or as Part of a Portfolio
Market Context
This retail in Lansing, MI is listed for sale. It is offered at an approximate 6.5% capitalization rate, a key benchmark for income-producing retail assets. Compare it against other retail listings for sale in Lansing, MI — view the full market.
Contact
- Timothy Nichols · (630) 570-2183 · timothy.nichols@marcusmillichap.com
- Gordon Navarre · (248) 415-2600
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