1709 Thompson Street

Off-Market

1709 Thompson Street, Lansing, MI 48906

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

  • Property Type Industrial - Manufacturing
  • Property Size 113,700 SF
  • Lot Size 7.5 Acre
  • Property Tenancy Multi-Tenant
  • Building Class C
  • Year Built 1953

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 Date 09 Feb, 2017
  • 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.

  • 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 ®

    70/100 Very Walkable
  • Transit Score ®

    38/100 Some Transit
  • Bike Score ®

    62/100 Bikeable
Powered by Walk Score ®
  • City Lansing, MI
  • Zip Code 48906
  • Market Detroit

Points of Interest

  • East Lansing

    3.45 miles

  • Speedway

    0.33 miles

  • Sunoco

    0.58 miles

  • Pacific Pride

    0.63 miles

  • Eaton

    0.90 miles

  • Sunoco

    1.01 miles

  • Marathon

    1.11 miles

  • Admiral

    1.27 miles

  • Speedway

    1.30 miles

  • Greenlots

    1.41 miles

  • Sunoco

    1.50 miles

  • Lot 56

    0.43 miles

  • LCC Lot E6

    0.91 miles

  • Roosevelt Parking Ramp

    1.27 miles

  • Lot A

    1.36 miles

  • South Grand Ramp

    1.41 miles

  • Capitol Lot

    1.42 miles

  • Allegan Ramp

    1.47 miles

  • Lot B

    1.47 miles

  • Ottawa Ramp

    1.52 miles

  • Ottawa Surface Lot

    1.52 miles

  • Golden Harvest

    0.19 miles

  • Domino's

    0.22 miles

  • McDonald's

    0.33 miles

  • Meat BBQ

    0.35 miles

  • The Cosmos

    0.36 miles

  • The Creole Burger Bar & Southern Kitchen

    0.36 miles

  • Thailand

    0.36 miles

  • Taqueria El Chaparrito

    0.37 miles

  • Subway

    0.37 miles

  • Old Town Diner

    0.38 miles

  • Old Town General Store

    0.39 miles

  • La Estrellita Supermercado

    0.58 miles

  • Sunripe Produce

    1.04 miles

  • Capital City Market

    1.35 miles

  • Gorman's Food Market

    1.42 miles

  • Westlund's Apple Market

    1.53 miles

  • Walmart

    1.54 miles

  • REO Town Marketplace

    2.12 miles

  • Kroger

    2.18 miles

  • Better Health Store

    2.18 miles

  • Lansing Police North Precinct

    0.78 miles

  • Apothecary Pharmacy

    0.79 miles

  • Lansing Fire Station #2

    0.79 miles

  • Shared Pregnancy Resource Center

    1.11 miles

  • Lansing Fire Station #1

    1.12 miles

  • Lansing Fire Station #8

    1.20 miles

  • Community Mental Health Authority

    1.28 miles

  • Rite Aid

    1.33 miles

  • Sparrow Hospital - Saint Lawrence Campus

    1.38 miles

  • Sparrow Hospital

    1.39 miles

Frequently Asked Questions

What is the total square footage of 1709 Thompson Street?

1709 Thompson Street totals 113,700 square feet.

When was this property built?

1709 Thompson Street was built in 1953.

When was 1709 Thompson Street last sold?

1709 Thompson Street was last sold on 09 Feb, 2017.

What is the market value for 1709 Thompson Street?

The market value* for 1709 Thompson Street in 2023 was $1,540,000.

*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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