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16130 Grove Road

Off-Market

16130 Grove Road, Lansing, MI 48906

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  • Property Type Industrial - Warehouse/Distribution
  • Property Size 210,000 SF
  • Lot Size 14.33 Acre
  • Parking Spaces Avail. 105
  • Parking Ratio 0.50 / 1,000 SF
  • Property Tenancy Single Tenant
  • Building Class A
  • Year Built 2003

Location

  • Walk Score ® Car-Dependent (8)
  • Bike Score ® Somewhat Bikeable (27)
Powered by Walk Score ®
  • City Lansing, MI
  • Zip Code 48906
  • Market Detroit

Points of Interest

East Lansing

7.92 miles

ChargePoint

2.11 miles

GE

2.87 miles

Speedway

3.37 miles

ChargePoint

4.77 miles

Tesla Destination Charger

5.63 miles

BP

5.98 miles

Marathon

6.07 miles

Citgo

6.09 miles

ChargePoint

6.31 miles

ChargePoint

7.60 miles

Lot B

5.74 miles

Lot 81

8.10 miles

Lot 74

8.13 miles

Police impound parking lot

8.34 miles

Lot 46

8.69 miles

Lot 24

8.70 miles

Lot 92

9.05 miles

Lot 30

9.07 miles

Lot 97

9.18 miles

truck parking

9.56 miles

Lansing Mall Food Court

2.79 miles

Applebee's

2.92 miles

Fabiano's Grocery & Deli

3.87 miles

Subway

4.08 miles

Relli's Sports Bar

4.96 miles

McDonald's

4.97 miles

Empire Szechuan, Fine Asian Cuisine

5.09 miles

Goodfellas Bagel Deli

5.38 miles

Capital Prime

5.58 miles

Que Huong Cafe

6.41 miles

JCPenney

2.76 miles

Lansing Mall

2.81 miles

Kohl's

3.00 miles

ALDI

3.10 miles

Once Apon a Child

3.14 miles

Target

3.16 miles

Gift & Bible / Diane's Halmark / Teaching Center

3.17 miles

Sears Outlet

4.15 miles

Sunripe Produce

4.33 miles

Old Town General Store

4.66 miles

Looking Glass Regional Fire Authority

2.62 miles

Work Health

3.02 miles

Meijer Pharmacy

3.05 miles

Your Pharmacy

3.10 miles

CVS Pharmacy

3.15 miles

Walgreens

3.16 miles

CVS Pharmacy

3.17 miles

Lansing Township Police

3.82 miles

Sparrow Hospital - Saint Lawrence Campus

4.04 miles

DeWitt Township Fire Station

4.31 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

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 $114,290
  • Current Tax $113,075
  • Market Value* $4,299,900
  • Assessed Value $4,299,900

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 16130 Grove Road?

16130 Grove Road totals 210,000 square feet.

When was this property built?

16130 Grove Road was built in 2003.

What is the market value for 16130 Grove Road?

The market value* for 16130 Grove Road in 2022 was $4,299,900.
*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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