• 5589 West Mt. Hope Hwy
  • 5589 West Mt. Hope Hwy
  • +1 image 5589 West Mt. Hope Hwy

5589 West Mt. Hope Hwy

Off-Market

5589 West Mt. Hope Hwy, Lansing, MI 48917

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Industrial - Manufacturing
  • Property Size 290,000 SF
  • Lot Size 33 Acre
  • Parking Spaces Avail. 246
  • Parking Ratio 0.85 / 1,000 SF
  • Property Tenancy Owner Occupied
  • Building Class A
  • Year Built 2015

Location

Getting Around

  • Walk Score ®

    5/100 Car-Dependent

  • Bike Score ®

    26/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Lansing, MI
  • Zip Code 48917
  • Market Detroit

Points of Interest

  • East Lansing

    6.83 miles

  • Speedway

    1.33 miles

  • Shell

    1.35 miles

  • Shell

    1.37 miles

  • Marathon

    1.58 miles

  • Pacific Pride

    1.60 miles

  • Mobile

    1.77 miles

  • Speedway

    1.96 miles

  • Meijer

    2.15 miles

  • Citgo

    2.24 miles

  • Speedway

    2.24 miles

  • Anderson Park 2

    1.21 miles

  • Butler Lot

    3.63 miles

  • Hall of Justice West Ramp

    3.64 miles

  • Hall of Justice Surface Lot

    3.64 miles

  • Hall of Justice East Ramp

    3.69 miles

  • State Visitor Parking

    3.76 miles

  • Pine Lot

    3.76 miles

  • Allegan Surface Lot

    3.79 miles

  • Ottawa Surface Lot

    3.82 miles

  • Employee Parking

    3.87 miles

  • Tony M's Restaurant & Lounge

    1.12 miles

  • McDonald's

    1.36 miles

  • Sir Pizza

    1.38 miles

  • Canton

    1.39 miles

  • Subway

    1.39 miles

  • Subway

    1.45 miles

  • Fine China

    1.45 miles

  • Domino's

    1.45 miles

  • Flap Jack

    1.47 miles

  • Capitol City Soul Food

    1.53 miles

  • Sears Outlet

    1.66 miles

  • Target

    1.97 miles

  • Gift & Bible / Diane's Halmark / Teaching Center

    2.01 miles

  • Once Apon a Child

    2.04 miles

  • ALDI

    2.04 miles

  • Meijer

    2.07 miles

  • SaveMore Meat and Dairy Market

    2.22 miles

  • TJ Maxx

    2.30 miles

  • Lansing Mall

    2.33 miles

  • Bo Bo Asian Grocery Store

    2.34 miles

  • Arch Physical & Sports Therapy

    1.46 miles

  • CVS Pharmacy

    1.99 miles

  • Meijer Pharmacy

    2.10 miles

  • Walgreens

    2.25 miles

  • Lansing Urgent Care

    2.37 miles

  • Kroger Pharmacy

    2.41 miles

  • CVS Pharmacy

    2.47 miles

  • Total Health Spine and Nutrition

    2.49 miles

  • Lansing Township Police

    2.50 miles

  • Walgreens

    2.53 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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This is a preview. The total list of tenants and suites, along with other lease information, for this property is available on CommercialEdge.

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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.

  • 2021 Avg. Asking Rent $20.36
  • 2021 Office Vacancy Rate 11.06%
  • 2021 Office Completions (SF)
View more Lansing market trends

Frequently Asked Questions

What is the total square footage of 5589 West Mt. Hope Hwy?

5589 West Mt. Hope Hwy totals 290,000 square feet.

When was this property built?

5589 West Mt. Hope Hwy was built in 2015.

What is the property tax for 5589 West Mt. Hope Hwy?

The property tax for 5589 West Mt. Hope Hwy in 2022 was $28,317.

What is the market value for 5589 West Mt. Hope Hwy?

The market value* for 5589 West Mt. Hope Hwy in 2022 was $978,300.
*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.

Tax

  • Property Tax in 2022 $28,317
  • Market Value* $978,300
  • Assessed Value $978,300

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.

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