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Lansing, Michigan MSA Self-Storage Offering with Upside

POPULATION
In 2025, the population in your selected geography is 37,974. The population has changed by 4.73 percent since 2010. It is estimated that the population in your area will be 37,807 five years from now, which represents a change of -0.4 percent from the current year. The current population is 48.2 percent male and 51.8 percent female. The median age of the population in your area is 39.0, compared with the U.S. average, which is 40.0. The population density in your area is 482 people per square mile.

HOUSEHOLDS
There are currently 15,834 households in your selected geography. The number of households has changed by 8.43 percent since 2010. It is estimated that the number of households in your area will be 15,848 five years from now, which represents a change of 0.1 percent from the current year. The average household size in your area is 2.4 people.

INCOME
In 2025, the median household income for your selected geography is $80,131, compared with the U.S. average, which is currently $78,171. The median household income for your area has changed by 51.53 percent since 2010. It is estimated that the median household income in your area will be $88,389 five years from now, which represents a change of 10.3 percent from the current year.

The current year per capita income in your area is $39,012, compared with the U.S. average, which is $41,680. The current year’s average household income in your area is $95,287, compared with the U.S. average, which is $103,571.

EMPLOYMENT
In 2025, 19,269 people in your selected area were employed. The 2010 Census revealed that 65.6 percent of employees are in white-collar occupations in this geography, and 17.3 percent are in blue-collar occupations. In 2025, unemployment in this area was 4.0 percent. In 2010, the average time traveled to work was 22.00 minutes.

HOUSING
The median housing value in your area was $220,351 in 2025, compared with the U.S. median of $333,538. In 2010, there were 10,378.00 owner-occupied housing units and 4,224.00 renter-occupied housing units in your area.

EDUCATION
The selected area in 2025 had a lower level of educational attainment when compared with the U.S averages. 36.8 percent of the selected area’s residents had earned a graduate degree compared with the national average of only 13.7 percent, and 10.4 percent completed a bachelor’s degree, compared with the national average of 21.2 percent.

The number of area residents with an associate degree was higher than the nation’s at 15.0 percent vs. 8.8 percent, respectively.

The area had fewer high-school graduates, 1.1 percent vs. 26.1 percent for the nation, but the percentage of residents who completed some college is higher than the average for the nation, at 30.6 percent in the selected area compared with the 19.6 percent in the U.S.

• Lansing, Michigan MSA Self-Storage Offering with Upside
• Located Approximately Ten Miles South of Downtown Lansing in the City of Mason, Michigan in Alaiedon Township
• 30,900 Net Rentable Square Feet
• 218 Non-Climate Controlled Drive-Up Self-Storage Units
• Easily Accessible from US-127 via North Cedar Street
• Room for Future Expansion Opportunities
• Excellent Visibility Along both Hogsback Road and North Cedar Street (~9,800 Vehicles per Day)
• Growing Surrounding Population: Population Within a Five-Mile Radius has Grown by 4.73% Since 2010 and the Number of Households has Grown by 8.43%
• Under Supplied Self-Storage Market: Currently Only 4.35 Net Rentable Square Feet per Capita Within a Three-Mile Radius & 5.88 Net Rentable Square Feet per Capita Within a Five-Mile Radius

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