Contact Property

5400, 5500 & 5522 Aurelius Road

Off-Market

5500 Aurelius Road, Lansing, MI 48911

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  • Property Type Industrial - Warehouse/Distribution
  • Property Size 192,441 SF
  • Lot Size 12.89 Acre
  • Parking Spaces Avail. 153
  • Parking Ratio 0.80 / 1,000 SF
  • Property Tenancy Owner Occupied
  • Building Class B
  • Year Built 1969

Location

  • Walk Score ® Car-Dependent (13)
  • Transit Score ® Some Transit (29)
  • Bike Score ® Somewhat Bikeable (42)
Powered by Walk Score ®
  • City Lansing, MI
  • Zip Code 48911
  • Market Detroit

Points of Interest

East Lansing

3.19 miles

Marathon

0.73 miles

Citgo

1.36 miles

Citgo

2.34 miles

ChargePoint

3.18 miles

Marathon

3.30 miles

Marathon

3.63 miles

ChargePoint

3.72 miles

Clipper Creek

3.72 miles

Greenlots

3.88 miles

BP

3.91 miles

Lot 200

3.07 miles

Lot 83

3.39 miles

lot 61

3.68 miles

Lot 67

4.00 miles

Lot 55

4.06 miles

Pine Lot

4.13 miles

Lot 34

4.21 miles

Lot 32

4.27 miles

Lot 9

4.36 miles

visitor parking

6.23 miles

Domino's

1.13 miles

Tropical Smoothie Cafe

1.27 miles

Cottage Inn Pizza

2.68 miles

Taco Bell

3.18 miles

El Oasis Antojitos Mexicanos

3.89 miles

Hissho Sushi

3.95 miles

Brody Square

3.99 miles

La Cocina Cubana

4.03 miles

Riverwalk Market

4.32 miles

Lucky's Steak House

4.76 miles

Stock+Field

1.59 miles

Lansing Market

3.17 miles

REO Town Marketplace

3.36 miles

Bo Bo Asian Grocery Store

3.91 miles

SaveMore Meat and Dairy Market

4.02 miles

Better Health Store

4.13 miles

Kroger

4.28 miles

TJ Maxx

4.34 miles

Old Town General Store

4.92 miles

Foods for Living

5.04 miles

NovaCare Rehabilitation

0.72 miles

Advanced Cardiac and Vascular

1.03 miles

NovaCare Rehabilitation

1.03 miles

Sparrow Laboratory

1.18 miles

Medilodge of Capital Area

1.25 miles

Walgreens

1.28 miles

Lansing Urgent Care

1.31 miles

CVS Pharmacy

1.37 miles

McLaren Orthopedic Hospital

1.85 miles

McLaren Greater Lansing

2.01 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 20 Jan, 2009
  • 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.

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

Tax

  • Base Tax $235,799
  • Current Tax $223,758
  • Market Value* $6,194,600
  • Assessed Value $6,194,600

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 5400, 5500 & 5522 Aurelius Road?

5400, 5500 & 5522 Aurelius Road totals 192,441 square feet.

When was this property built?

5400, 5500 & 5522 Aurelius Road was built in 1969.

When was 5400, 5500 & 5522 Aurelius Road last sold?

5400, 5500 & 5522 Aurelius Road was last sold on 20 Jan, 2009.

What is the market value for 5400, 5500 & 5522 Aurelius Road?

The market value* for 5400, 5500 & 5522 Aurelius Road in 2022 was $6,194,600.
*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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