3,016 sqft

$1,600,000

6525 S Pennsylvania Avenue, Lansing MI, 48911 5966

Price per sqft$530.50

Property size3,016 sqft

Property typeCommercial

Overview

Active

Listed Aug 21, 2026

Updated 12 days ago

Excellent sale-leaseback investment opportunity to acquire the real estate occupied by Big Boy at 6525 S. Pennsylvania Ave., Lansing, MI 48911. As part of the transaction, Big Boy has a long-term modified gross lease, allowing an investor to acquire the property with a lease in place and immediate contractual rental income from an established restaurant operator. The property is situated in a busy, high-traffic location along S. Pennsylvania Avenue with strong visibility, convenient access, and an existing drive-thru. The current lease will provide for an initial 20-year term, together with one additional 10-year renewal option. Scheduled base rent will be $9,075 per month during Years 1-5, $9,982 per month during Years 6-10, $10,000 per month during Years 11-15, and $12,000 per month during Years 16-20. This offering is for the real estate only and does not include the operating business, presenting an attractive opportunity for an investor seeking a long-term sale-leaseback with contractual rent growth, a recognizable tenant, drive-thru functionality, and a well-positioned Lansing location.

Additional information

MLS^® ID: 61023361

Interior Features

Basement: No

Exterior Features

Lot Size: 0.68 Acres

Other Property Details

Taxes: $14,920
Tax Frequency: Annually
Municipality: Lansing

Listed by Hassan Scheib with Own It Realty
Listing Contact: 313-680-0000

Based on information originating from the MiRealSource as of 10/12/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 10/12/2026 at 10:41 PM UTC