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111 West Mt. Hope Avenue

Off-Market

111 West Mt. Hope Avenue, Lansing, MI 48910

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  • Property Type Industrial - Warehouse/Distribution
  • Property Size 113,229 SF
  • Lot Size 3.35 Acre
  • Property Tenancy Owner Occupied
  • Building Class B
  • Year Built 1915

Location

  • Walk Score ® Very Walkable (76)
  • Transit Score ® Some Transit (38)
  • Bike Score ® Bikeable (59)
Powered by Walk Score ®
  • City Lansing, MI
  • Zip Code 48910
  • Market Detroit

Points of Interest

East Lansing

2.99 miles

Valero

0.27 miles

ChargePoint

0.57 miles

BP

1.17 miles

ChargePoint

1.44 miles

Greenlots

1.53 miles

Eaton

2.07 miles

Speedway

2.78 miles

Citgo

2.87 miles

Sunoco

2.87 miles

Marathon

3.09 miles

Pine Lot

1.42 miles

Lot 63

3.31 miles

Lot 83

3.40 miles

Lot 55

3.77 miles

Lot 39

3.80 miles

Lot 38

3.96 miles

Bailey Street Parking

4.21 miles

Lot 34

4.34 miles

Lot 100

4.47 miles

Lot 32

4.54 miles

Envie

1.43 miles

Capitol City Grille and Lounge

1.56 miles

Flap Jack

2.48 miles

Domino's

2.51 miles

Fazoli's

2.57 miles

Taco Bell

2.91 miles

New Aladdin's Restaurant

2.92 miles

Brody Square

3.28 miles

Tropical Smoothie Cafe

3.43 miles

Hungry Howie's

3.47 miles

REO Town Marketplace

0.76 miles

Capital City Market

1.58 miles

Asean Food Mart

2.36 miles

Old Town General Store

2.49 miles

Better Health Store

2.87 miles

Swagath Indian Groceries

2.93 miles

American International

2.94 miles

Kroger

3.02 miles

Better Asian Mart

3.07 miles

Bo Bo Asian Grocery Store

3.13 miles

McLaren Greater Lansing

0.50 miles

McLaren Orthopedic Hospital

1.08 miles

Walgreens

1.24 miles

Lansing Fire Station #1

1.77 miles

Sparrow Pharmacy Plus

1.79 miles

Sparrow Hospital

1.82 miles

Community Mental Health Authority

1.83 miles

Medilodge of Capital Area

1.98 miles

Lansing Urgent Care

2.01 miles

Walgreens

2.02 miles

Contacts

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Owner

  • True Owner
  • Registered Owner

Tenants

Suite Name Tenant Leased
Space
Rent Price Lease
Type
Space
Type
Lease Term
370 17th Street #5500 MERRILL, (303) 446-5500 23,824 SF $23/SF/YR Modified
Gross
General
Office
11/01/2014-
N/A
370 17th Street
#6000
Morrison & Foerster,
(303) 592-1500
10,710 SF $26/SF/YR Full
Service
General
Office
08/01/2013-
07/31/2023
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Documents

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Sales

  • Purchase Price
  • Arm's Length True
  • Buyer Name

Market Trends

Average Actual Rents in 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
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Lansing Office Market

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

  • 2020 Avg. Asking Rent $20.61
  • 2020 Office Vacancy Rate 9.80%
  • 2020 Office Completions (SF)
View more Lansing market trends

Tax

  • Base Tax $29,127
  • Current Tax $21,584
  • Market Value* $765,200
  • Assessed Value $765,200

Find more tax info, including assessment history and abatements, on CommercialEdge

*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.

Frequently Asked Questions

What is the total square footage of 111 West Mt. Hope Avenue?

111 West Mt. Hope Avenue totals 113,229 square feet.

When was this property built?

111 West Mt. Hope Avenue was built in 1915.

What is the market value for 111 West Mt. Hope Avenue?

The market value* for 111 West Mt. Hope Avenue in 2022 was $765,200.
*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.

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