Contact Property

500 Business Centre Drive

Off-Market

500 Business Centre Drive, 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 49,146 SF
  • Lot Size 3.28 Acre
  • Property Tenancy Owner Occupied
  • Building Class B
  • Year Built 1998

Location

  • Walk Score ® Car-Dependent (34)
  • Bike Score ® Somewhat Bikeable (42)
Powered by Walk Score ®
  • City Lansing, MI
  • Zip Code 48917
  • Market Detroit

Points of Interest

East Lansing

4.84 miles

Speedway

0.64 miles

Mobile

0.68 miles

Shell

0.93 miles

Shell

1.18 miles

BP

1.20 miles

ChargePoint

1.33 miles

Marathon

1.34 miles

Sunoco

1.43 miles

Sunoco

1.62 miles

Citgo

1.65 miles

Hall of Justice West Ramp

1.29 miles

Hall of Justice Surface Lot

1.29 miles

Butler Lot

1.34 miles

Hall of Justice East Ramp

1.34 miles

State Visitor Parking

1.42 miles

Pine Lot

1.46 miles

Allegan Surface Lot

1.46 miles

Ottawa Surface Lot

1.48 miles

Ottawa Ramp

1.54 miles

Employee Parking

1.59 miles

Burger King

0.61 miles

Spuds Family Restaurant

0.62 miles

Tabooli

0.68 miles

Falsetta's Casa Nova

0.76 miles

DQ Orange Julius

0.88 miles

Harry's Place Bar & Grill

0.93 miles

Flap Jack

1.02 miles

Nola Bistro

1.05 miles

Jersey Giant Subs

1.07 miles

Domino's

1.07 miles

Sears Outlet

0.78 miles

Valuland

1.17 miles

Lansing Market

1.63 miles

Meijer

1.89 miles

REO Town Marketplace

1.99 miles

Target

2.07 miles

JCPenney

2.16 miles

Lansing Mall

2.17 miles

ALDI

2.17 miles

TJ Maxx

2.20 miles

Lansing Township Police

0.41 miles

Arch Physical & Sports Therapy

1.06 miles

Total Health Spine and Nutrition

1.09 miles

Rite Aid

1.09 miles

Walgreens

1.11 miles

CVS Pharmacy

1.12 miles

Your Pharmacy

1.16 miles

Work Health

1.22 miles

Rite Aid

1.38 miles

Sparrow Hospital - Saint Lawrence Campus

1.45 miles

Contacts

Find property contacts with verified and updated contact information on CommercialEdge: owners, building management, representatives from permits and tenants.

Owner

  • True Owner
  • Registered Owner

Brokers

Do you represent this property? Claim it!

List your spaces with ease and generate only verified leads with CommercialEdge Marketing.

Add listing for free

Documents

Access researched data with nationwide coverage on CommercialEdge: sales, mortgages, financials, title documents and more.

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
Unlock on CommercialEdge
Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
Unlock on CommercialEdge

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

  • Property Tax in 2022 $49,375
  • Market Value* $1,472,200
  • Assessed Value $1,472,200

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 500 Business Centre Drive?

500 Business Centre Drive totals 49,146 square feet.

When was this property built?

500 Business Centre Drive was built in 1998.

What is the property tax for 500 Business Centre Drive?

The property tax for 500 Business Centre Drive in 2022 was $49,375.

What is the market value for 500 Business Centre Drive?

The market value* for 500 Business Centre Drive in 2022 was $1,472,200.
*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.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.