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4615 West Grand River Avenue

Off-Market

4615 West Grand River Avenue, Lansing, MI 48906

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  • Property Type Industrial - Warehouse/Distribution
  • Property Size 54,384 SF
  • Lot Size 5.71 Acre
  • Property Tenancy Single Tenant
  • Building Class C
  • Year Built 1998

Location

  • Walk Score ® Car-Dependent (16)
  • Bike Score ® Somewhat Bikeable (29)
Powered by Walk Score ®
  • City Lansing, MI
  • Zip Code 48906
  • Market Detroit

Points of Interest

East Lansing

7.06 miles

Pacific Pride

0.19 miles

Marathon

0.73 miles

ChargePoint

1.31 miles

bosch

1.86 miles

Marathon

2.23 miles

Citgo

2.27 miles

GE

2.27 miles

Meijer

2.35 miles

Admiral

2.45 miles

Shell

2.46 miles

Capital Airport Parking

1.25 miles

Cellphone Lot @ LAN

1.42 miles

Hall of Justice Surface Lot

3.65 miles

Hall of Justice West Ramp

3.65 miles

Hall of Justice East Ramp

3.69 miles

LCC Lot E6

3.73 miles

Lot 56

3.74 miles

Ottawa Surface Lot

3.75 miles

State Visitor Parking

3.79 miles

Allegan Surface Lot

3.81 miles

McDonald's

0.68 miles

Subway

0.87 miles

Alicia's

0.88 miles

Fidler's on the Grand

1.04 miles

Capital Brewport

1.22 miles

Zaytoon Grill

2.04 miles

The Smoke 'N Pig BBQ

2.08 miles

Hungry Howie's

2.16 miles

Italian Village Pizza

2.16 miles

World Buffet

2.17 miles

JCPenney

2.16 miles

Valuland

2.21 miles

Lansing Mall

2.21 miles

TJ Maxx

2.25 miles

Gorman's Food Market

2.30 miles

Meijer

2.43 miles

ALDI

2.53 miles

Target

2.56 miles

Once Apon a Child

2.61 miles

Kroger

2.62 miles

Work Health

2.17 miles

Lansing Urgent Care

2.20 miles

Your Pharmacy

2.25 miles

Rite Aid

2.29 miles

Walgreens

2.32 miles

CVS Pharmacy

2.34 miles

Total Health Spine and Nutrition

2.35 miles

Meijer Pharmacy

2.39 miles

CVS Pharmacy

2.55 miles

Kroger Pharmacy

2.66 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 Date 13 Aug, 2012
  • 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.

  • 2020 Avg. Asking Rent $20.61
  • 2020 Office Vacancy Rate 9.80%
  • 2020 Office Completions (SF)
View more Lansing market trends

Tax

  • Base Tax $32,227
  • Current Tax $29,568
  • Market Value* $1,212,500
  • Assessed Value $1,212,500

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 4615 West Grand River Avenue?

4615 West Grand River Avenue totals 54,384 square feet.

When was this property built?

4615 West Grand River Avenue was built in 1998.

When was 4615 West Grand River Avenue last sold?

4615 West Grand River Avenue was last sold on 13 Aug, 2012.

What is the market value for 4615 West Grand River Avenue?

The market value* for 4615 West Grand River Avenue in 2022 was $1,212,500.
*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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