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16700 South Old US 27

Off-Market

16700 South Old US 27, Lansing, MI 48906

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  • Property Type Industrial - Warehouse/Distribution
  • Property Size 110,854 SF
  • Lot Size 19.22 Acre
  • Property Tenancy Owner Occupied
  • Building Class B
  • Year Built 1989

Location

  • Walk Score ® Car-Dependent (34)
  • Bike Score ® Bikeable (53)
Powered by Walk Score ®
  • City Lansing, MI
  • Zip Code 48906
  • Market Detroit

Points of Interest

East Lansing

4.50 miles

Sunoco

0.47 miles

Sunoco

0.75 miles

Speedway

1.41 miles

Sam's Club

1.45 miles

Tesla Destination Charger

1.47 miles

Sunoco

1.54 miles

Lansing Supercharger

1.55 miles

Admiral

1.55 miles

Speedway

1.80 miles

Mobil

1.81 miles

Lot 56

1.89 miles

Cellphone Lot @ LAN

2.14 miles

Capital Airport Parking

2.30 miles

LCC Lot E6

2.32 miles

Roosevelt Parking Ramp

2.71 miles

Lot A

2.77 miles

Capitol Lot

2.85 miles

Lot B

2.86 miles

South Grand Ramp

2.88 miles

Allegan Ramp

2.89 miles

Mexico 2 Go

0.27 miles

Subway

0.75 miles

Taco Bell

0.78 miles

Nip-N-Sip

0.92 miles

Chen's

1.10 miles

Subway

1.12 miles

Thailand

1.13 miles

McDonald's

1.16 miles

Domino's

1.25 miles

Subway

1.27 miles

Sunripe Produce

0.45 miles

La Estrellita Supermercado

0.92 miles

Walmart

1.23 miles

Gorman's Food Market

1.62 miles

Old Town General Store

1.85 miles

Kroger

2.11 miles

Meijer

2.31 miles

Westlund's Apple Market

2.43 miles

Capital City Market

2.81 miles

Kroger

3.06 miles

DeWitt Township Fire Station

0.52 miles

Lansing Fire Station #2

1.46 miles

Lansing Police North Precinct

2.22 miles

Apothecary Pharmacy

2.24 miles

Charter Township of Lansing Fire Station 52

2.31 miles

Lansing Fire Station #8

2.32 miles

Shared Pregnancy Resource Center

2.51 miles

Sparrow Hospital - Saint Lawrence Campus

2.55 miles

Rite Aid

2.57 miles

Lansing Fire Station #1

2.58 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

  • Property Tax in 2021 $138,309
  • Market Value* $5,130,400
  • Assessed Value $5,130,400

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 16700 South Old US 27?

16700 South Old US 27 totals 110,854 square feet.

When was this property built?

16700 South Old US 27 was built in 1989.

What is the property tax for 16700 South Old US 27?

The property tax for 16700 South Old US 27 in 2021 was $138,309.

What is the market value for 16700 South Old US 27?

The market value* for 16700 South Old US 27 in 2021 was $5,130,400.
*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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