request_info_guest false

275,000 SF Warehouse - Fully Leased, Single Tenant Investment Sale

Market Price

5542 West Grand River Avenue, Lansing, MI 48906

Active
Last Updated: 10/01/2025

275,000 sqft

Building Size

36.1 acres

Lot Area

Details:
Building Size:    275,000 sqft
Lot Area:    36.1 acres
Occupancy:    100%
Lease Type:    Triple Net
Year Built:    1990, 2004, 2008
Zoning:    LI, Light Industrial
Tenancy:    Single
Floors:    1
Warehouse %:    95%
Roof:    Gabled Metal
CeilingHeight:    2226
Lease Expire Year:    12/31/2028
Highlights:
  • Mission Critical Facility: 1 of 10 Phillips' distribution centers nationwide, serving the Midwest region
  • Long-Term Occupancy: Tenant in place for over 20 years with recent lease renewal
  • Expansion Potential: 36.10-acre site allows for future growth
  • Stong Market Fundamentals: High demand, limited supply, and significant investment from major corporations in the area
Description:

CONTACT AGENT FOR PRICING & FINANCIALS

Martin Commercial Properties is pleased to present the exclusive opportunity to acquire a
mission-critical, single-tenant industrial facility located at 5542 West Grand River Avenue in
Lansing, Michigan. This institutional-quality asset comprises 275,000 SF of industrial space
on 36.10 acres, providing significant expansion potential. Originally constructed in 1990
and expanded in 2004 and 2008, the property offers modern infrastructure and strategic
positioning within a thriving industrial corridor.

Tenant & Lease Structure
The property is 100% leased to Phillips Pet Food & Supply, a leading national distributor
of pet food and supplies serving specialty markets across the U.S. Phillips has occupied
the facility since 2003, underscoring its critical role in the company’s Midwest distribution
network.

Strategic Location
The property benefits from immediate access to Interstates 96 and 69, providing superior
connectivity to regional and national markets. The surrounding industrial hub includes major
distribution and manufacturing facilities such as:
• Meijer: 3M SF warehouse/distribution
• Shyft Group: ±3M SF manufacturing/distribution
• Amazon: 1.1M SF distribution center
• Ultium Cells: 2.8M SF battery plant

Importantly, no speculative construction is underway, reinforcing the strength and stability
of the local industrial market.

Map:
Location
Gallery