frandor mall...2019/02/07  · frandor mall is a lansing ‘retail bullseye’ bordered by us-127,...

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FRANDOR MALL LANSING, MICHIGAN 38500 Woodward Ave., Suite 200 Bloomfield Hills, MI 48304 P| 248.737.7110 www.lormaxstern.com Presented By: Andrew Luckoff aluckoff@lormaxstern.com 248.737.7110

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Page 1: FRANDOR MALL...2019/02/07  · Frandor Mall is a Lansing ‘retail bullseye’ bordered by US-127, the intersection of Saginaw Street and Grand River, and Michigan Avenue. Originally

FRANDOR MALLL A N S I N G , M I C H I G A N

38500 Woodward Ave., Suite 200 Bloomfield Hills, MI 48304 P| 248.737.7110 www.lormaxstern.com

Presented By: Andrew Luckoff [email protected]

Page 2: FRANDOR MALL...2019/02/07  · Frandor Mall is a Lansing ‘retail bullseye’ bordered by US-127, the intersection of Saginaw Street and Grand River, and Michigan Avenue. Originally

KEY FAC TS

Frandor Mall is a Lansing ‘retail bullseye’ bordered by US-127, the intersection of

Saginaw Street and Grand River, and Michigan Avenue. Originally opening in 1955,

Frandor holds an unofficial landmark status as one of the most established shopping

Centers in Michigan. As part of the retail fabric of Greater Lansing, located just

blocks away from Michigan State University (50,351 students), Frandor remains one

of Lansing’s busiest shopping Centers.

DEMOGRAPHICS 2018

38500 Woodward Ave. Suite 200 Bloomfield Hills, MI 48304 P| 248.737.7110 www.lormaxstern.com

LOCATIONUS-127 & Mich igan AvenueLans ing , MI 48912

AVAILABIL ITY975 S .F. - 10 ,388 S .F.

MA JOR TENANTSHomeGoods, TJ Maxx, Kroger, Michaels, Jo-Ann, Petco, World Market, Party City, & Guitar Center.

TRAFFIC COUNTS- 2016W. Saginaw Avenue (BUS-69):

59,100 VPD- at Frandor Avenue

US-127:

58,300 VPD- N. of W. Saginaw St.

72,200 VPD- S. of W. Saginaw St.

Radius Average Income Population Household Persons

3 Mile $60,397 102,404 2.21

5 Mile $64,104 183,765 2.22

7 Mile $69,583 274,558 2.29

Frandor Mall L A N S I N G , M I C H I G A N

Page 3: FRANDOR MALL...2019/02/07  · Frandor Mall is a Lansing ‘retail bullseye’ bordered by US-127, the intersection of Saginaw Street and Grand River, and Michigan Avenue. Originally

When Frandor opened in 1955, downtown

Lansing had always been the place to shop.

However, people caught on quickly to the

idea and convenience of Frandor Mall. It was

one of the first retail destinations outside of a

downtown setting in the Midwest.

Through the years Frandor has undergone many

modifications to keep up with the changing

retail trends. Frandor became an enclosed

mall in the 1970’s and was ‘de-malled’ into an

open-air center in the late 1990’s. The Center

continues to thrive after 60+ years of business

due to its strategic Lansing location. Located

at the junctions of US-127 and Saginaw

Highway, within walking distance of Michigan

State University, Frandor continues to be a

convenient retail destination for residents and

students. Today Frandor is home to Kroger, World

Market, HomeGoods, Petco, Party City,

and Guitar Center. It is one of few Centers

to successfully support both JoAnn and

Michael’s. In addition, TJ Maxx and Kirkland’s

joined the strong line up. Retail and food uses

do extremely well at Frandor. Panera Bread has

expanded three times and World Market is one

of only five stores in the state. Frandor offers

its patrons convenience and ease of access

while its retailers benefit from the consistent

traffic flow as a result of its central location in

Lansing.

38500 Woodward Ave. Suite 200 Bloomfield Hills, MI 48304 P| 248.737.7110 www.lormaxstern.com

Frandor Mall L A N S I N G , M I C H I G A N

LANSING POSIT IONING

CENTRAL MICHIGAN LOCATION

Page 4: FRANDOR MALL...2019/02/07  · Frandor Mall is a Lansing ‘retail bullseye’ bordered by US-127, the intersection of Saginaw Street and Grand River, and Michigan Avenue. Originally

Frandor Mall L A N S I N G , M I C H I G A N

38500 Woodward Ave., Suite 200 Bloomfield Hills, MI 48304 P| 248.737.7110 www.lormaxstern.com

38500 Woodward Ave., Suite 200 Bloomfield Hills, MI 48304 P| 248.737.7110

Go to our website for more information about our properties: www.lormaxstern.com

S ITE PLAN:

Page 5: FRANDOR MALL...2019/02/07  · Frandor Mall is a Lansing ‘retail bullseye’ bordered by US-127, the intersection of Saginaw Street and Grand River, and Michigan Avenue. Originally

Allen ParkBangor Twp.Battle Creek Bay CityCantonDetroitEvergreen ParkFlintGrand RapidsGreen Oak Twp.Gross PointeLansingLincoln ParkLivoniaNorthville Twp.Orion Twp.PetoskeyPlainfield Twp.RosevilleShelby Twp.WestlandWyoming

MICHIGANI LL INOIS

MISSISS IPP I

Tallahassee

Hattiesburg

Evergreen Park

D E V E L O PM E N T C OM P A N Y , L L C

38500 Woodward Ave., Suite 200 Bloomfield Hills, MI 48304 P| 248.737.7110

Lormax Stern Development Company’s earned a national reputation for the development of outstanding shopping centers- producing higher than average sales for retailers in their developments. Through strategic acquisition of premium locations, Lormax Stern’s Centers, of the highest quality and prominence, outshine competitors in existing markets. The Company works closely with communities to ensure long-term benefits and maintains a track record of “getting the job done.”

LORMAX STERN OWNS AND OPERATES OVER 25 SHOPPING CENTERS AND IS HOME TO THE TOP NAMES IN RETAIL:

Go to our website for more information about our properties: www.lormaxstern.com