East Lansing is the home of Michigan State University, a 5,200 acre campus located +/- 2.3 miles south of the subject property. The student population is approximately 50,000 and the campus includes 566 buildings of which 166 are housing units.
About the Property:
This 5 acre property located in the developing northern tier of East Lansing which was recently approved for provisioning centers, grow facilities and processing centers. Highlights include a 300′ rear lot line along busy Highway 127 that sees approximately 45,000 to 60,000 unique passes daily and the subject property has a 100,000 population count within a 3 mile radius. Directly west of the property is the relatively new and highly successful Eastwood Towne Center open air mall development. This development includes a 19 screen movie theater and more than 55 unique shops and restaurants. The west side of this development has a Wal-Mart, Sam’s Club and Culvers. To the north there are multiple new hotels, a large high-end apartment complex and additional restaurants including Capital Prime Steakhouse and Boston’s Restaurant and Sports Bar. There is a nine million dollar road project slated for this year that will connect West Road, just north of the subject property, to Eastwood Towne Center via a new road that will travel under Highway 127. This new connection will have a tremendously positive impact on the businesses in the area (particularly the immediate area of this subject property).