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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

Location

  • Walk Score ® Car-Dependent (18)
  • Transit Score ® Some Transit (27)
  • Bike Score ® Somewhat Bikeable (35)
Powered by Walk Score ®
  • City Lansing, MI
  • Zip Code 48906
  • Market Detroit

Points of Interest

East Lansing

4.91 miles

Marathon

1.94 miles

Eaton

1.95 miles

Tesla Destination Charger

2.51 miles

Lansing Supercharger

2.57 miles

Greenlots

2.72 miles

bosch

3.19 miles

Speedway

3.29 miles

ChargePoint

3.45 miles

Valero

3.91 miles

Speedway

4.34 miles

Lot 63

4.69 miles

Lot 79

4.99 miles

Lot 78

5.00 miles

Lot 56

5.13 miles

Lot 83

5.23 miles

Lot 38

5.25 miles

Lot 32

6.00 miles

Lot 33

6.02 miles

car parking

7.88 miles

Student/Event Parking Lot

8.35 miles

P.F. Chang's

2.55 miles

Thai Village

2.75 miles

Mo's Hot Wings

2.80 miles

Soup Spoon Cafe

2.98 miles

Lansing Mall Food Court

3.65 miles

Apple Jade Restaurant

3.66 miles

Brody Square

4.37 miles

Red Robin

4.46 miles

Conrad's Grill

4.50 miles

Subway

4.90 miles

Gorman's Food Market

0.55 miles

La Estrellita Supermercado

1.28 miles

Old Town General Store

1.73 miles

Walmart

2.21 miles

REO Town Marketplace

3.27 miles

JCPenney

3.58 miles

Lansing Mall

3.62 miles

TJ Maxx

3.65 miles

TJ Maxx

3.68 miles

Once Apon a Child

4.06 miles

DeWitt Township Fire Station

1.55 miles

Sparrow Hospital - Saint Lawrence Campus

1.85 miles

Community Mental Health Authority

2.16 miles

Lansing Police North Precinct

2.19 miles

Lansing Fire Station #1

2.30 miles

Rite Aid

2.61 miles

Lansing Fire Station #8

2.65 miles

Lansing Township Police

2.80 miles

Sparrow Hospital

2.81 miles

Lansing Urgent Care

3.06 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

  • Base Tax $1,101,620
  • Current Tax $908,496
  • Market Value* $28,940,200
  • Assessed Value $28,940,200

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 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 2022 was $28,940,200.
*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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