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2051 South Canal Road

Off-Market

2051 South Canal Road, Lansing, MI 48917

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

  • Property Type Industrial - Manufacturing
  • Property Size 157,225 SF
  • Lot Size 16.18 Acre
  • Parking Spaces Avail. 86
  • Parking Ratio 0.55/ 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 2006

Location

  • Walk Score ® Car-Dependent
  • Transit Score ® No Nearby Transit
  • Bike Score ® Somewhat Bikeable (28)
Powered by Walk Score ®
  • City Lansing, MI
  • Zip Code 48917
  • Market Detroit

Points of Interest

East Lansing

8.36 miles

Speedway

1.39 miles

Shell

1.45 miles

Pacific Pride

1.83 miles

Electrify America

2.09 miles

Speedway

2.12 miles

Shell

2.12 miles

ClipperCreek

2.15 miles

Shell

2.18 miles

Tesla Destination Charger

2.21 miles

Sunoco

2.25 miles

Anderson Park 2

2.29 miles

Hall of Justice West Ramp

5.03 miles

Hall of Justice Surface Lot

5.03 miles

Butler Lot

5.06 miles

Hall of Justice East Ramp

5.08 miles

State Visitor Parking

5.16 miles

Pine Lot

5.19 miles

Allegan Surface Lot

5.20 miles

Ottawa Surface Lot

5.22 miles

Ottawa Ramp

5.28 miles

Tony M's Restaurant & Lounge

1.30 miles

Subway

1.40 miles

Canton

1.40 miles

Sir Pizza

1.41 miles

McDonald's

1.47 miles

Subway

2.02 miles

Steak 'n Shake

2.07 miles

Wendy's

2.07 miles

Arby's

2.10 miles

Cracker Barrel

2.12 miles

Walmart Supercenter

2.05 miles

Horrocks Farm Market

2.14 miles

Gift & Bible / Diane's Halmark / Teaching Center

2.32 miles

Once Apon a Child

2.34 miles

Kohl's

2.35 miles

Kroger

2.36 miles

Target

2.47 miles

ALDI

2.47 miles

Meijer

2.68 miles

TJ Maxx

2.73 miles

Walgreens

2.23 miles

Kroger Pharmacy

2.33 miles

CVS Pharmacy

2.48 miles

Meijer Pharmacy

2.74 miles

State Police Post

2.76 miles

Arch Physical & Sports Therapy

2.96 miles

Lansing Urgent Care

3.20 miles

CVS Pharmacy

3.47 miles

Total Health Spine and Nutrition

3.50 miles

Walgreens

3.53 miles

Contacts

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Owner

  • True 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 20 Dec, 2013
  • 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

Find more tax info, including assessment history and abatements, on CommercialEdge

Frequently Asked Questions

What is the total square footage of 2051 South Canal Road?

2051 South Canal Road totals 157,225 square feet.

When was this property built?

2051 South Canal Road was built in 2006.

When was 2051 South Canal Road last sold?

2051 South Canal Road was last sold on 20 Dec, 2013.

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Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.