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1709 Thompson Street

Off-Market

1709 Thompson Street, Lansing, MI 48906

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

Location

  • Walk Score ® Somewhat Walkable (68)
  • Transit Score ® Some Transit (38)
  • Bike Score ® Bikeable (62)
Powered by Walk Score ®
  • City Lansing, MI
  • Zip Code 48906
  • Market Detroit

Points of Interest

East Lansing

3.45 miles

Speedway

0.33 miles

Greenlots

1.41 miles

Marathon

1.65 miles

Clipper Creek

1.83 miles

Speedway

2.16 miles

ChargePoint

2.30 miles

ChargePoint

2.43 miles

ChargePoint

3.06 miles

Sunoco

3.15 miles

Eaton

3.26 miles

lot 61

3.14 miles

Lot 67

3.19 miles

Lot 98

3.65 miles

Lot 56

3.72 miles

Lot 9

3.91 miles

Lot 49

3.91 miles

Lot 52

3.92 miles

Lot 89

4.25 miles

visitor parking

4.38 miles

truck parking

9.16 miles

Taqueria El Chaparrito

0.37 miles

Pablo's Old Town

0.38 miles

La Cocina Cubana

1.41 miles

Bravo

1.69 miles

El Oasis Antojitos Mexicanos

1.99 miles

Altu's Ethiopian Cuisine

2.63 miles

Capital Brewport

2.71 miles

Brody Square

2.96 miles

Panda Express

3.50 miles

Pizza Hut

3.63 miles

Old Town General Store

0.39 miles

REO Town Marketplace

2.12 miles

TJ Maxx

2.26 miles

Valuland

2.93 miles

Lansing Market

3.03 miles

Sears Outlet

3.55 miles

Viet Thai Market

4.11 miles

Lansing Mall

4.20 miles

Target

4.32 miles

ALDI

4.38 miles

Lansing Police North Precinct

0.78 miles

Lansing Fire Station #2

0.79 miles

Lansing Fire Station #1

1.12 miles

Lansing Fire Station #8

1.20 miles

Rite Aid

1.33 miles

Sparrow Hospital - Saint Lawrence Campus

1.38 miles

Sparrow Hospital

1.39 miles

Charter Township of Lansing Fire Station 52

1.67 miles

Sparrow FastCare

2.09 miles

Lansing Township Police

2.73 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 09 Feb, 2017
  • 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 $54,943
  • Current Tax $51,477
  • Market Value* $1,443,400
  • Assessed Value $1,443,400

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 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 2022 was $1,443,400.
*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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