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5501 South Cedar Street

Off-Market

5501 South Cedar Street, Lansing, MI 48911

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  • Property Type Industrial - Manufacturing
  • Property Size 83,928 SF
  • Lot Size 4.95 Acre
  • Property Tenancy Multi-Tenant
  • Building Class C
  • Year Built 1984

Location

  • Walk Score ® Somewhat Walkable (55)
  • Transit Score ® Some Transit (34)
  • Bike Score ® Bikeable (65)
Powered by Walk Score ®
  • City Lansing, MI
  • Zip Code 48911
  • Market Detroit

Points of Interest

East Lansing

3.87 miles

Speedway

0.11 miles

Marathon

0.52 miles

Citgo

0.68 miles

Speedway

0.74 miles

Meijer

0.83 miles

Market Fresh Gas Express

1.15 miles

Pacific Pride

1.19 miles

Speedway

1.19 miles

ChargePoint

1.19 miles

ChargePoint

1.19 miles

Parking and Drivers Education Practice Lot

1.40 miles

Lot 98

3.40 miles

Lot 94

3.53 miles

320 South Capitol Ramp

3.68 miles

Employee Parking

3.71 miles

Butler Lot

3.74 miles

Pine Lot

3.77 miles

South Grand Ramp

3.80 miles

Lot 85

3.85 miles

Lot 93

3.87 miles

Burger King

0.07 miles

Domino's

0.16 miles

Taco Bell

0.16 miles

Fazoli's

0.21 miles

U Like

0.41 miles

Subway

0.41 miles

Dan's Coney Island

0.45 miles

Luzu's Tamales

0.49 miles

Arby's

0.56 miles

Happy's Pizza

0.59 miles

ZZ's Market

0.00 miles

Asean Food Mart

0.44 miles

International Market One

0.47 miles

International Food Mart

0.58 miles

American International

0.67 miles

Meijer

0.73 miles

Queen Market

0.78 miles

Gordon Food Service

0.97 miles

Target

1.03 miles

Stock+Field

1.12 miles

Walgreens

0.35 miles

Lansing Urgent Care

0.36 miles

NovaCare Rehabilitation

0.44 miles

Clinton Eaton Ingham Community Mental Health

0.44 miles

Lansing Fire Station #4

0.97 miles

CVS Pharmacy

1.01 miles

CVS Pharmacy

1.17 miles

Southside Urgent Care

1.31 miles

Cental Pharmacy

1.67 miles

Walgreens

1.71 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 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 $67,033
  • Current Tax $61,757
  • Market Value* $1,761,000
  • Assessed Value $1,761,000

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 5501 South Cedar Street?

5501 South Cedar Street totals 83,928 square feet.

When was this property built?

5501 South Cedar Street was built in 1984.

What is the market value for 5501 South Cedar Street?

The market value* for 5501 South Cedar Street in 2022 was $1,761,000.
*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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