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2005 Seager Street

Off-Market

2005 Seager Street, Lansing, MI 48906

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  • Property Type Industrial
  • Property Size 51,248 SF
  • Lot Size 4.85 Acre
  • Property Tenancy Owner Occupied
  • Building Class B
  • Year Built 2002

Location

  • Walk Score ® Car-Dependent (44)
  • Transit Score ® Some Transit (34)
  • Bike Score ® Bikeable (62)
Powered by Walk Score ®
  • City Lansing, MI
  • Zip Code 48906
  • Market Detroit

Points of Interest

East Lansing

4.04 miles

Greenlots

1.78 miles

ChargePoint

1.80 miles

Marathon

2.09 miles

Lansing Supercharger

2.27 miles

Speedway

2.33 miles

Admiral

2.38 miles

ChargePoint

2.72 miles

Pacific Pride

3.29 miles

bosch

3.30 miles

ChargePoint

3.67 miles

Ramp 4 (Kellogg Center)

3.71 miles

lot 61

3.75 miles

Lot 99

4.22 miles

Lot 85

4.24 miles

Lot 57

4.35 miles

Lot 58

4.42 miles

Lot 48W

4.59 miles

Ramp 1 (Lot 51)

4.69 miles

Lot 101

4.85 miles

Anderson Park 2

5.48 miles

Burger King

1.18 miles

DeLuca's Restaurant

1.21 miles

Empire Szechuan, Fine Asian Cuisine

1.62 miles

Sultan's Expresss

1.76 miles

Nola Bistro

2.61 miles

Baskins Robins

2.67 miles

Green Dot Stables

3.07 miles

Brody Square

3.57 miles

Hungry Howie's

3.57 miles

Lansing Mall Food Court

3.73 miles

Old Town General Store

0.79 miles

Gorman's Food Market

0.81 miles

Capital City Market

1.71 miles

Walmart

1.92 miles

Westlund's Apple Market

2.14 miles

REO Town Marketplace

2.36 miles

TJ Maxx

2.87 miles

Sears Outlet

3.24 miles

Meijer

3.61 miles

JCPenney

3.66 miles

Lansing Fire Station #2

0.18 miles

Sparrow Hospital - Saint Lawrence Campus

1.16 miles

Rite Aid

1.18 miles

Shared Pregnancy Resource Center

1.20 miles

Lansing Police North Precinct

1.26 miles

Community Mental Health Authority

1.30 miles

Lansing Fire Station #1

1.37 miles

Lansing Fire Station #8

1.80 miles

Sparrow Hospital

1.88 miles

DeWitt Township Fire Station

1.92 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 16 Oct, 2009
  • 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.

  • 2021 Avg. Asking Rent $20.36
  • 2021 Office Vacancy Rate 11.06%
  • 2021 Office Completions (SF)
View more Lansing market trends

Tax

  • Base Tax $599,986
  • Current Tax $300,024
  • Market Value* $15,762,000
  • Assessed Value $15,762,000

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 2005 Seager Street?

2005 Seager Street totals 51,248 square feet.

When was this property built?

2005 Seager Street was built in 2002.

When was 2005 Seager Street last sold?

2005 Seager Street was last sold on 16 Oct, 2009.

What is the market value for 2005 Seager Street?

The market value* for 2005 Seager Street in 2022 was $15,762,000.
*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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