3030 South Martin Luther King Jr. Blvd

Off-Market

3030 South Martin Luther King Jr. Blvd, Lansing, MI 48910

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

  • Property Type Industrial - Manufacturing
  • Property Size 208,400 SF
  • Lot Size 20.58 Acre
  • Parking Spaces Avail. 31
  • Parking Ratio 0.15 / 1,000 SF
  • Property Tenancy Owner Occupied
  • Building Class B
  • Year Built 1923

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 29 Dec, 1992
  • 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.

  • 2022 Avg. Asking Rent $19.21
  • 2022 Office Vacancy Rate 20.98%
  • 2022 Office Completions (SF)
View more Lansing market trends

Location

Getting Around

  • Walk Score ®

    66/100 Somewhat Walkable
  • Transit Score ®

    33/100 Some Transit
  • Bike Score ®

    51/100 Bikeable
Powered by Walk Score ®
  • City Lansing, MI
  • Zip Code 48910
  • Market Detroit

Points of Interest

  • East Lansing

    3.91 miles

  • Kroger Fuel

    0.38 miles

  • Marathon

    0.47 miles

  • Sunoco

    0.70 miles

  • Citgo

    0.72 miles

  • Blink

    0.77 miles

  • Valero

    0.88 miles

  • Speedway

    1.20 miles

  • Market Fresh Gas Express

    1.23 miles

  • Sunoco

    1.27 miles

  • Citgo

    1.46 miles

  • Parking and Drivers Education Practice Lot

    0.80 miles

  • Butler Lot

    1.98 miles

  • Employee Parking

    2.05 miles

  • Pine Lot

    2.06 miles

  • 320 South Capitol Ramp

    2.12 miles

  • State Visitor Parking

    2.17 miles

  • Allegan Surface Lot

    2.18 miles

  • Hall of Justice West Ramp

    2.20 miles

  • Hall of Justice East Ramp

    2.20 miles

  • Hall of Justice Surface Lot

    2.20 miles

  • Popeyes

    0.06 miles

  • Rally's

    0.08 miles

  • Mr. Taco

    0.10 miles

  • Crack Chicken

    0.14 miles

  • McDonald's

    0.17 miles

  • Que Huong Cafe

    0.18 miles

  • King Crab Cajun Seafood

    0.20 miles

  • Long John Silver's

    0.23 miles

  • KFC

    0.24 miles

  • Arby's

    0.24 miles

  • Great Giant Supermarket

    0.30 miles

  • Viet Thai Market

    0.44 miles

  • Kroger

    0.52 miles

  • Lansing Market

    0.68 miles

  • Dong An Market

    0.85 miles

  • Iwacu International Supermarket

    1.11 miles

  • Don Pancho Market

    1.19 miles

  • Saint Ides Village Food

    1.45 miles

  • REO Town Marketplace

    1.66 miles

  • ZZ's Market

    2.01 miles

  • Central Pharmacy

    0.28 miles

  • Walgreens

    0.34 miles

  • Cental Pharmacy

    0.38 miles

  • Rite Aid

    0.72 miles

  • McLaren Greater Lansing

    0.76 miles

  • Rite Aid

    1.11 miles

  • CVS Pharmacy

    1.34 miles

  • Station 6

    1.48 miles

  • Lansing Urgent Care

    1.67 miles

  • Walgreens

    1.69 miles

Frequently Asked Questions

What is the total square footage of 3030 South Martin Luther King Jr. Blvd?

3030 South Martin Luther King Jr. Blvd totals 208,400 square feet.

When was this property built?

3030 South Martin Luther King Jr. Blvd was built in 1923.

When was 3030 South Martin Luther King Jr. Blvd last sold?

3030 South Martin Luther King Jr. Blvd was last sold on 29 Dec, 1992.

What is the market value for 3030 South Martin Luther King Jr. Blvd?

The market value* for 3030 South Martin Luther King Jr. Blvd in 2023 was $2,143,600.

*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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