Majestic Plaza

Off-Market

2775 East Grand River Avenue, East Lansing, MI 48823

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Retail - Neighborhood Center
  • Property Size 75,522 SF
  • Lot Size 8.85 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1964

Contacts

Find property contacts with verified and updated contact information on CommercialEdge: owners, building management, representatives from permits and tenants.

Owner

  • True Owner
  • Registered Owner

Brokers

Do you represent this property? Claim it!

List your spaces with ease and generate only verified leads with CommercialEdge Marketing.

Add listing for free

Documents

Access researched data with nationwide coverage on CommercialEdge: sales, mortgages, financials, title documents and more.

Sales

  • Purchase Date 11 May, 2012
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination Date
  • Loan Maturity Date

Market Trends

Average Actual Rents in East Lansing

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
Unlock on CommercialEdge
Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
Unlock on CommercialEdge

Asking Rents in East Lansing Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2022 Avg. Asking Rent $21.98
  • 2022 Office Vacancy Rate 24.20%
  • 2022 Office Completions (SF)
View more East Lansing market trends

Location

Getting Around

  • Walk Score ®

    63/100 Somewhat Walkable
  • Bike Score ®

    63/100 Bikeable
Powered by Walk Score ®
  • City East Lansing, MI
  • Neighborhood East Lansing
  • Zip Code 48823
  • Market Detroit

Points of Interest

  • East Lansing

    2.15 miles

  • Shell

    0.22 miles

  • Marathon

    0.50 miles

  • ChargePoint

    0.64 miles

  • Admiral Petroleum

    0.80 miles

  • ChargePoint

    1.28 miles

  • GE

    1.32 miles

  • ChargePoint

    1.40 miles

  • Marathon

    1.50 miles

  • Mobil

    1.51 miles

  • Meijer

    1.71 miles

  • Lot 29

    0.44 miles

  • Lot 31

    0.48 miles

  • Lot 33

    0.51 miles

  • Lot 20

    0.52 miles

  • Lot 28

    0.53 miles

  • Lot 91

    0.61 miles

  • Lot 32

    0.62 miles

  • Lot 112

    0.64 miles

  • Lot 30

    0.66 miles

  • Lot 21

    0.69 miles

  • AI Fusion Sushi & Grill

    0.04 miles

  • IHOP

    0.09 miles

  • Denny's

    0.22 miles

  • Sir Pizza

    0.34 miles

  • Boiling Pots

    0.34 miles

  • Sindhu's

    0.45 miles

  • Pizza House

    0.46 miles

  • Jimmy John's

    0.46 miles

  • Sultan's

    0.49 miles

  • Grand Traverse Pie Company

    0.53 miles

  • Asian Market

    0.18 miles

  • Whole Foods Market

    0.19 miles

  • Foods for Living

    0.33 miles

  • Meijer

    1.56 miles

  • JCPenney

    1.69 miles

  • Macy's

    1.74 miles

  • Meridian Mall

    1.79 miles

  • Gordon Food Service

    1.96 miles

  • Better Asian Mart

    2.07 miles

  • Fresh Thyme

    2.08 miles

Frequently Asked Questions

What is the total square footage of Majestic Plaza?

Majestic Plaza totals 75,522 square feet.

When was this property built?

Majestic Plaza was built in 1964.

When was Majestic Plaza last sold?

Majestic Plaza was last sold on 11 May, 2012.

What is the market value for Majestic Plaza?

The market value* for Majestic Plaza in 2023 was $6,936,800.

*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.