3500 North Martin Luther King Jr. Blvd

Off-Market

3500 North Martin Luther King Jr. Blvd, Lansing, MI 48906

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  • Property Type Industrial - Manufacturing
  • Property Size 316,415 SF
  • Lot Size 12.72 Acre
  • Property Tenancy Owner Occupied
  • Building Class B
  • Year Built 1995

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.

  • 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 ®

    18/100 Car-Dependent
  • Transit Score ®

    27/100 Some Transit
  • Bike Score ®

    35/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Lansing, MI
  • Zip Code 48906
  • Market Detroit

Points of Interest

  • East Lansing

    4.91 miles

  • Admiral

    0.56 miles

  • Sunoco

    1.08 miles

  • Sunoco

    1.16 miles

  • ChargePoint

    1.19 miles

  • Sunoco

    1.47 miles

  • Sunoco

    1.61 miles

  • Speedway

    1.70 miles

  • Marathon

    1.78 miles

  • Pacific Pride

    1.91 miles

  • Marathon

    1.94 miles

  • Cellphone Lot @ LAN

    1.05 miles

  • Capital Airport Parking

    1.26 miles

  • Lot 56

    1.70 miles

  • LCC Lot E6

    1.96 miles

  • Roosevelt Parking Ramp

    2.34 miles

  • Ottawa Surface Lot

    2.37 miles

  • Hall of Justice Surface Lot

    2.40 miles

  • Hall of Justice East Ramp

    2.41 miles

  • Hall of Justice West Ramp

    2.41 miles

  • Ottawa Ramp

    2.42 miles

  • King Subs

    0.56 miles

  • Gregory's Soul Food

    0.66 miles

  • Mexico 2 Go

    1.17 miles

  • Taco Bell

    1.19 miles

  • Nip-N-Sip

    1.24 miles

  • Capital Brewport

    1.32 miles

  • Chen's

    1.34 miles

  • Subway

    1.35 miles

  • Thailand

    1.35 miles

  • Domino's

    1.35 miles

  • Gorman's Food Market

    0.55 miles

  • Sunripe Produce

    1.16 miles

  • La Estrellita Supermercado

    1.28 miles

  • Old Town General Store

    1.73 miles

  • Walmart

    2.21 miles

  • Valuland

    2.59 miles

  • Capital City Market

    2.66 miles

  • Westlund's Apple Market

    2.92 miles

  • Kroger

    3.08 miles

  • REO Town Marketplace

    3.27 miles

  • Lansing Fire Station #2

    0.84 miles

  • DeWitt Township Fire Station

    1.55 miles

  • Sparrow Hospital - Saint Lawrence Campus

    1.85 miles

  • Rite Aid

    1.93 miles

  • Apothecary Pharmacy

    1.98 miles

  • Shared Pregnancy Resource Center

    2.09 miles

  • Community Mental Health Authority

    2.16 miles

  • Lansing Police North Precinct

    2.19 miles

  • Lansing Fire Station #1

    2.30 miles

  • Work Health

    2.58 miles

Frequently Asked Questions

What is the total square footage of 3500 North Martin Luther King Jr. Blvd?

3500 North Martin Luther King Jr. Blvd totals 316,415 square feet.

When was this property built?

3500 North Martin Luther King Jr. Blvd was built in 1995.

What is the market value for 3500 North Martin Luther King Jr. Blvd?

The market value* for 3500 North Martin Luther King Jr. Blvd in 2023 was $33,339,600.

*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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