3524 South Canal Road

Off-Market

3524 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 60,000 SF
  • Lot Size 10.08 Acre
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1999

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 22 Oct, 2021
  • 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.

  • 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 ®

    4/100 Car-Dependent
  • Bike Score ®

    29/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Lansing, MI
  • Zip Code 48917
  • Market Detroit

Points of Interest

  • East Lansing

    8.63 miles

  • Pacific Pride

    1.22 miles

  • Marathon

    1.69 miles

  • Speedway

    2.31 miles

  • Shell

    2.37 miles

  • Marathon

    3.02 miles

  • Electrify America

    3.02 miles

  • Shell

    3.12 miles

  • Speedway

    3.13 miles

  • Shell

    3.13 miles

  • ClipperCreek

    3.14 miles

  • Anderson Park 2

    2.08 miles

  • car parking

    4.98 miles

  • Parking and Drivers Education Practice Lot

    5.49 miles

  • Butler Lot

    5.54 miles

  • Hall of Justice West Ramp

    5.55 miles

  • Hall of Justice Surface Lot

    5.55 miles

  • Hall of Justice East Ramp

    5.60 miles

  • State Visitor Parking

    5.67 miles

  • Pine Lot

    5.67 miles

  • Allegan Surface Lot

    5.71 miles

  • Tony M's Restaurant & Lounge

    1.00 miles

  • Wendy's

    1.27 miles

  • Arby's

    1.28 miles

  • Fireside Grill

    1.91 miles

  • Subway

    2.34 miles

  • Canton

    2.34 miles

  • Sir Pizza

    2.34 miles

  • McDonald's

    2.39 miles

  • Subway

    2.94 miles

  • Crazy Crab / China Palace II

    2.98 miles

  • Walmart Supercenter

    2.97 miles

  • SaveMore Meat and Dairy Market

    3.14 miles

  • Horrocks Farm Market

    3.14 miles

  • Gift & Bible / Diane's Halmark / Teaching Center

    3.25 miles

  • Bo Bo Asian Grocery Store

    3.26 miles

  • Once Apon a Child

    3.28 miles

  • Kroger

    3.35 miles

  • Kohl's

    3.36 miles

  • Target

    3.37 miles

  • ALDI

    3.39 miles

  • State Police Post

    1.75 miles

  • Walgreens

    3.22 miles

  • Kroger Pharmacy

    3.33 miles

  • Arch Physical & Sports Therapy

    3.35 miles

  • CVS Pharmacy

    3.38 miles

  • Windsor Charter Township Emergency Services Building

    3.49 miles

  • Wilcox Pharmacy

    3.54 miles

  • Meijer Pharmacy

    3.61 miles

  • Lansing Urgent Care

    4.03 miles

  • Station 6

    4.23 miles

Frequently Asked Questions

What is the total square footage of 3524 South Canal Road?

3524 South Canal Road totals 60,000 square feet.

When was this property built?

3524 South Canal Road was built in 1999.

When was 3524 South Canal Road last sold?

3524 South Canal Road was last sold on 22 Oct, 2021.

What is the property tax for 3524 South Canal Road?

The property tax for 3524 South Canal Road in 2023 was $69,313.

What is the market value for 3524 South Canal Road?

The market value* for 3524 South Canal Road in 2023 was $2,546,957.
*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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