16700 South Old US 27

Off-Market

16700 South Old US 27, Lansing, MI 48906

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • 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

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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Brokers

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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.

  • 2022 Avg. Asking Rent $19.21
  • 2022 Office Vacancy Rate 20.98%
  • 2022 Office Completions (SF)
View more Lansing market trends

Location

Getting Around

  • Walk Score ®

    43/100 Car-Dependent
  • Bike Score ®

    53/100 Bikeable
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

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 2018.

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

The market value* for 16700 South Old US 27 in 2022 was $5,561,400.
*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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