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16275 National Pkwy

Off-Market

16275 National Pkwy, Lansing, MI 48906

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  • Property Type Industrial - Warehouse/Distribution
  • Property Size 64,172 SF
  • Lot Size 6.51 Acre
  • Property Tenancy Owner Occupied
  • Building Class B
  • Year Built 1997

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

8.27 miles

Pacific Pride

1.04 miles

Marathon

1.95 miles

Flying J

2.20 miles

bosch

2.46 miles

ChargePoint

2.51 miles

Sunoco

2.65 miles

GE

2.72 miles

Kroger Fuel

2.78 miles

Speedway

2.82 miles

Meijer

2.86 miles

Capital Airport Parking

2.39 miles

Cellphone Lot @ LAN

2.61 miles

car parking

4.23 miles

truck parking

4.25 miles

Hall of Justice Surface Lot

4.80 miles

Hall of Justice West Ramp

4.80 miles

Hall of Justice East Ramp

4.84 miles

Ottawa Surface Lot

4.91 miles

LCC Lot E6

4.93 miles

State Visitor Parking

4.94 miles

McDonald's

1.90 miles

Subway

2.08 miles

Alicia's

2.10 miles

Fidler's on the Grand

2.25 miles

Capital Brewport

2.34 miles

Italian Village Pizza

2.59 miles

Zaytoon Grill

2.61 miles

Stir Fry 88

2.62 miles

Lansing Mall Food Court

2.63 miles

Italian Village Pizza

2.64 miles

JCPenney

2.62 miles

Lansing Mall

2.66 miles

TJ Maxx

2.68 miles

Kohl's

2.68 miles

Kroger

2.70 miles

ALDI

2.93 miles

Once Apon a Child

2.93 miles

Meijer

2.96 miles

Gift & Bible / Diane's Halmark / Teaching Center

2.96 miles

Target

3.00 miles

Looking Glass Regional Fire Authority

2.12 miles

Kroger Pharmacy

2.71 miles

Walgreens

2.84 miles

Meijer Pharmacy

2.94 miles

Lansing Urgent Care

2.96 miles

CVS Pharmacy

2.98 miles

Work Health

3.11 miles

Your Pharmacy

3.17 miles

Walgreens

3.22 miles

CVS Pharmacy

3.23 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 15 Jan, 2016
  • 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

  • Property Tax in 2021 $71,233
  • Market Value* $2,680,000
  • Assessed Value $2,680,000

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 16275 National Pkwy?

16275 National Pkwy totals 64,172 square feet.

When was this property built?

16275 National Pkwy was built in 1997.

When was 16275 National Pkwy last sold?

16275 National Pkwy was last sold on 15 Jan, 2016.

What is the property tax for 16275 National Pkwy?

The property tax for 16275 National Pkwy in 2021 was $71,233.

What is the market value for 16275 National Pkwy?

The market value* for 16275 National Pkwy in 2021 was $2,680,000.
*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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