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16775 Industrial Pkwy

Off-Market

16775 Industrial Pkwy, Lansing, MI 48906

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  • Property Type Industrial - Manufacturing
  • Property Size 58,121 SF
  • Lot Size 10.78 Acre
  • Property Tenancy Owner Occupied
  • Building Class B
  • Year Built 1992

Location

  • Walk Score ® Car-Dependent (18)
  • Bike Score ® Somewhat Bikeable (24)
Powered by Walk Score ®
  • City Lansing, MI
  • Zip Code 48906
  • Market Detroit

Points of Interest

East Lansing

7.48 miles

Pacific Pride

0.37 miles

Marathon

1.23 miles

Speedway

2.36 miles

ClipperCreek

2.88 miles

Marathon

3.90 miles

ChargePoint

4.18 miles

ChargePoint

5.17 miles

Tesla Destination Charger

5.51 miles

Meijer

5.76 miles

ChargePoint

5.78 miles

Hall of Justice East Ramp

4.02 miles

Allegan Ramp

4.27 miles

Lot 8

5.83 miles

Lot 94

7.61 miles

Lot 73

7.69 miles

Lot 4

7.72 miles

Lot 60

7.84 miles

Lot 45

8.29 miles

staff parking

8.39 miles

Lot 34

8.50 miles

Lansing Mall Food Court

2.01 miles

World Buffet

2.08 miles

Cheddar's

2.24 miles

Dimitri's

2.30 miles

Steak 'n Shake

3.35 miles

Sir Pizza

4.13 miles

Meat BBQ

4.15 miles

Subway

4.26 miles

Cap City Cafe

4.52 miles

Weston's Kewpee Restaurant

4.54 miles

JCPenney

1.98 miles

Lansing Mall

2.03 miles

TJ Maxx

2.06 miles

Meijer

2.29 miles

Kohl's

2.30 miles

ALDI

2.33 miles

Target

2.38 miles

Gift & Bible / Diane's Halmark / Teaching Center

2.40 miles

Sears Outlet

3.38 miles

Old Town General Store

4.26 miles

Work Health

2.30 miles

Kroger Pharmacy

2.31 miles

Looking Glass Regional Fire Authority

2.83 miles

Lansing Township Police

3.11 miles

Lansing Fire Station #2

3.40 miles

Sparrow Hospital - Saint Lawrence Campus

3.50 miles

Community Mental Health Authority

4.03 miles

Apothecary Pharmacy

4.27 miles

DeWitt Township Fire Station

4.32 miles

Lansing Fire Station #1

4.43 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

  • Base Tax $59,846
  • Current Tax $57,844
  • Market Value* $2,251,600
  • Assessed Value $2,251,600

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 16775 Industrial Pkwy?

16775 Industrial Pkwy totals 58,121 square feet.

When was this property built?

16775 Industrial Pkwy was built in 1992.

What is the market value for 16775 Industrial Pkwy?

The market value* for 16775 Industrial Pkwy in 2022 was $2,251,600.
*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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