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2408 South Canal Road

Off-Market

2408 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 - Warehouse/Distribution
  • Property Size 55,000 SF
  • Lot Size 13.23 Acre
  • Property Tenancy Owner Occupied
  • Building Class B
  • Year Built 2019

Location

  • Walk Score ® Car-Dependent (2)
  • Bike Score ® Somewhat Bikeable (31)
Powered by Walk Score ®
  • City Lansing, MI
  • Zip Code 48917
  • Market Detroit

Points of Interest

East Lansing

8.53 miles

Electrify America

2.22 miles

Shell

2.32 miles

Sunoco

2.37 miles

GE

2.97 miles

Sunoco

3.50 miles

Marathon

3.56 miles

ChargePoint

5.25 miles

Sunoco

5.27 miles

ChargePoint

5.63 miles

Sunoco

5.64 miles

car parking

5.69 miles

South Grand Ramp

5.97 miles

Riverbend

8.21 miles

Lot 61

9.06 miles

Lot 59

9.11 miles

Lot 88

9.19 miles

Lot 44

9.52 miles

Lot 101

9.56 miles

Lot 54

9.72 miles

Lot 26

9.86 miles

Buddy's Detroit-Style Pizza

2.75 miles

Penn Station

2.90 miles

Lansing Mall Food Court

3.01 miles

Subway

3.12 miles

Fine China

3.13 miles

Domino's

3.13 miles

Domino's

5.84 miles

Jimmy John's

5.87 miles

Athena's Diner

5.89 miles

China King

6.69 miles

Kohl's

2.58 miles

Once Apon a Child

2.58 miles

Target

2.71 miles

ALDI

2.71 miles

TJ Maxx

2.97 miles

Lansing Mall

3.02 miles

JCPenney

3.07 miles

Sears Outlet

3.17 miles

SaveMore Meat and Dairy Market

3.46 miles

Saint Ides Village Food

4.46 miles

State Police Post

2.57 miles

Arch Physical & Sports Therapy

3.13 miles

Lansing Urgent Care

3.44 miles

Work Health

3.92 miles

Lansing Township Police

3.97 miles

Windsor Charter Township Emergency Services Building

4.30 miles

Apothecary

4.44 miles

Rite Aid

4.49 miles

Station 6

4.49 miles

Southside Urgent Care

5.06 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.

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

Tax

  • Property Tax in 2022 $155,492
  • Market Value* $5,766,023
  • Assessed Value $5,766,023

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 2408 South Canal Road?

2408 South Canal Road totals 55,000 square feet.

When was this property built?

2408 South Canal Road was built in 2019.

What is the property tax for 2408 South Canal Road?

The property tax for 2408 South Canal Road in 2022 was $155,492.

What is the market value for 2408 South Canal Road?

The market value* for 2408 South Canal Road in 2022 was $5,766,023.
*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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