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5133 West Grand River Avenue

Off-Market

5133 West Grand River Avenue, Lansing, MI 48906

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  • Property Type Industrial - Warehouse/Distribution
  • Property Size 58,000 SF
  • Lot Size 8 Acre
  • Property Tenancy Owner Occupied
  • Building Class B
  • Year Built 1975

Location

  • Walk Score ® Car-Dependent (19)
  • Bike Score ® Somewhat Bikeable (29)
Powered by Walk Score ®
  • City Lansing, MI
  • Zip Code 48906
  • Market Detroit

Points of Interest

East Lansing

7.66 miles

ChargePoint

1.93 miles

Admiral

3.07 miles

Eaton

4.31 miles

ChargePoint

4.39 miles

BP

4.57 miles

Clipper Creek

4.91 miles

Greenlots

5.11 miles

Mobil

5.45 miles

Lansing Supercharger

5.66 miles

ChargePoint

5.97 miles

Hall of Justice East Ramp

4.22 miles

LCC Lot E6

4.31 miles

State Visitor Parking

4.32 miles

Allegan Ramp

4.47 miles

Lot 60

8.01 miles

Lot 39

8.09 miles

Ramp 5 (Lot 102)

8.23 miles

Lot 43

8.24 miles

Lot 9

8.24 miles

Lot 46

8.47 miles

Lansing Mall Food Court

2.23 miles

Buddy's Detroit-Style Pizza

2.37 miles

Taco Bell

2.53 miles

McDonald's

2.83 miles

Nuthouse

4.94 miles

Little Caesars

5.45 miles

Court 1200

5.48 miles

Corey's Food & Cocktails

5.75 miles

MexiTeats and Taqueria

5.84 miles

King Crab Cajun Seafood

6.03 miles

JCPenney

2.20 miles

Lansing Mall

2.25 miles

TJ Maxx

2.28 miles

Kohl's

2.47 miles

Valuland

2.57 miles

Once Apon a Child

2.58 miles

Target

2.60 miles

Sears Outlet

3.62 miles

Sunripe Produce

4.26 miles

La Estrellita Supermercado

4.35 miles

Walgreens

2.58 miles

Your Pharmacy

2.60 miles

Walgreens

2.66 miles

CVS Pharmacy

2.67 miles

Looking Glass Regional Fire Authority

2.68 miles

Total Health Spine and Nutrition

2.68 miles

Lansing Township Police

3.34 miles

Lansing Fire Station #2

3.54 miles

Sparrow Hospital - Saint Lawrence Campus

3.70 miles

Shared Pregnancy Resource Center

4.30 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 05 Feb, 2014
  • 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 $78,543
  • Current Tax $61,913
  • Market Value* $2,955,000
  • Assessed Value $2,955,000

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 5133 West Grand River Avenue?

5133 West Grand River Avenue totals 58,000 square feet.

When was this property built?

5133 West Grand River Avenue was built in 1975.

When was 5133 West Grand River Avenue last sold?

5133 West Grand River Avenue was last sold on 05 Feb, 2014.

What is the market value for 5133 West Grand River Avenue?

The market value* for 5133 West Grand River Avenue in 2022 was $2,955,000.
*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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