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1305 South Cedar Street

Off-Market

1305 South Cedar Street, Lansing, MI 48910

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  • Property Type Industrial - Warehouse/Distribution
  • Property Size 465,000 SF
  • Lot Size 10.06 Acre
  • Parking Spaces Avail. 69
  • Parking Ratio 0.15 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class C
  • Year Built 1941

Location

  • Walk Score ® Very Walkable (71)
  • Transit Score ® Some Transit (39)
  • Bike Score ® Bikeable (68)
Powered by Walk Score ®
  • City Lansing, MI
  • Zip Code 48910
  • Market Detroit

Points of Interest

East Lansing

2.51 miles

ChargePoint

0.54 miles

Greenlots

0.98 miles

Blink

2.40 miles

Speedway

2.53 miles

Market Fresh Gas Express

2.62 miles

ChargePoint

2.77 miles

ChargePoint

3.09 miles

Marathon

3.30 miles

GE

3.33 miles

Mobil

3.35 miles

State Visitor Parking

1.37 miles

Lot 63

2.76 miles

Lot 89

3.25 miles

Lot 200

3.35 miles

Lot 53

3.53 miles

Division Street Garage

3.56 miles

Lot 46

3.56 miles

Lot 28

4.11 miles

Office Visit Parking

7.15 miles

Student/Event Parking Lot

7.27 miles

Corey's Food & Cocktails

0.15 miles

517 BBQ

1.79 miles

Harry's Place Bar & Grill

2.07 miles

The Creole Burger Bar & Southern Kitchen

2.08 miles

Jersey Giant

2.45 miles

Brody Square

2.69 miles

Jimmy John's

2.84 miles

Jersey Giants

3.77 miles

Asia's Finest - Vietnamese, Thai, Chinese Cuisine

3.78 miles

Los Tres Amigos

4.12 miles

REO Town Marketplace

0.44 miles

Don Pancho Market

0.62 miles

Old Town General Store

2.01 miles

TJ Maxx

2.48 miles

La Estrellita Supermercado

2.94 miles

Sears Outlet

3.09 miles

Valuland

3.34 miles

International Food Mart

3.37 miles

Walmart

3.52 miles

Queen Market

3.57 miles

Rite Aid

0.95 miles

McLaren Greater Lansing

1.08 miles

McLaren Orthopedic Hospital

1.12 miles

Sparrow Hospital

1.20 miles

Lansing Fire Station #1

1.33 miles

Community Mental Health Authority

1.55 miles

Shared Pregnancy Resource Center

1.56 miles

Lansing Police North Precinct

1.64 miles

Lansing Fire Station #8

1.94 miles

Medilodge of Capital Area

1.97 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 Date 17 Sep, 2018
  • 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 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 $149,962
  • Current Tax $106,777
  • Market Value* $3,939,600
  • Assessed Value $3,939,600

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 1305 South Cedar Street?

1305 South Cedar Street totals 465,000 square feet.

When was this property built?

1305 South Cedar Street was built in 1941.

When was 1305 South Cedar Street last sold?

1305 South Cedar Street was last sold on 17 Sep, 2018.

What is the market value for 1305 South Cedar Street?

The market value* for 1305 South Cedar Street in 2022 was $3,939,600.
*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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