2829 South Martin Luther King Jr. Blvd

Off-Market

2829 South Martin Luther King Jr. Blvd, Lansing, MI 48910

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  • Property Type Industrial - Warehouse/Distribution
  • Property Size 36,283 SF
  • Lot Size 1.79 Acre
  • Property Tenancy Single Tenant
  • Building Class C
  • Year Built 1935

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Purchase Date 18 Oct, 2022
  • 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.

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

Location

Getting Around

  • Walk Score ®

    57/100 Somewhat Walkable
  • Transit Score ®

    33/100 Some Transit
  • Bike Score ®

    49/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Lansing, MI
  • Zip Code 48910
  • Market Detroit

Points of Interest

  • East Lansing

    3.76 miles

  • Kroger Fuel

    0.48 miles

  • Sunoco

    0.60 miles

  • Marathon

    0.62 miles

  • Valero

    0.69 miles

  • Citgo

    0.86 miles

  • Blink

    0.94 miles

  • Sunoco

    1.09 miles

  • Speedway

    1.17 miles

  • ChargePoint

    1.31 miles

  • Market Fresh Gas Express

    1.38 miles

  • Parking and Drivers Education Practice Lot

    0.78 miles

  • Butler Lot

    1.83 miles

  • Employee Parking

    1.88 miles

  • Pine Lot

    1.89 miles

  • 320 South Capitol Ramp

    1.94 miles

  • State Visitor Parking

    2.01 miles

  • Allegan Surface Lot

    2.02 miles

  • Hall of Justice West Ramp

    2.04 miles

  • Hall of Justice East Ramp

    2.05 miles

  • Hall of Justice Surface Lot

    2.05 miles

  • Popeyes

    0.15 miles

  • Rally's

    0.20 miles

  • Mr. Taco

    0.23 miles

  • McDonald's

    0.27 miles

  • Crack Chicken

    0.27 miles

  • King Crab Cajun Seafood

    0.33 miles

  • Arby's

    0.36 miles

  • Que Huong Cafe

    0.36 miles

  • Long John Silver's

    0.37 miles

  • KFC

    0.37 miles

  • Great Giant Supermarket

    0.48 miles

  • Lansing Market

    0.53 miles

  • Viet Thai Market

    0.59 miles

  • Kroger

    0.63 miles

  • Dong An Market

    1.00 miles

  • Don Pancho Market

    1.03 miles

  • Iwacu International Supermarket

    1.07 miles

  • REO Town Marketplace

    1.47 miles

  • Saint Ides Village Food

    1.63 miles

  • ZZ's Market

    2.08 miles

  • Central Pharmacy

    0.43 miles

  • Walgreens

    0.49 miles

  • Cental Pharmacy

    0.52 miles

  • McLaren Greater Lansing

    0.63 miles

  • Rite Aid

    0.65 miles

  • Rite Aid

    0.98 miles

  • CVS Pharmacy

    1.49 miles

  • Central Pharmacy

    1.59 miles

  • McLaren Orthopedic Hospital

    1.61 miles

  • Station 6

    1.67 miles

Frequently Asked Questions

What is the total square footage of 2829 South Martin Luther King Jr. Blvd?

2829 South Martin Luther King Jr. Blvd totals 36,283 square feet.

When was this property built?

2829 South Martin Luther King Jr. Blvd was built in 1935.

When was 2829 South Martin Luther King Jr. Blvd last sold?

2829 South Martin Luther King Jr. Blvd was last sold on 18 Oct, 2022.

What is the market value for 2829 South Martin Luther King Jr. Blvd?

The market value* for 2829 South Martin Luther King Jr. Blvd in 2022 was $469,200.
*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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