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5597 & 5599 West Grand River Avenue

Off-Market

5599 West Grand River Avenue, Lansing, MI 48906

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  • Property Type Industrial - Manufacturing
  • Property Size 124,339 SF
  • Lot Size 6 Acre
  • Parking Spaces Avail. 24
  • Parking Ratio 0.20 / 1,000 SF
  • Property Tenancy Owner Occupied
  • Building Class B
  • Year Built 1981

Location

  • Walk Score ® Car-Dependent (12)
  • Bike Score ® Somewhat Bikeable (30)
Powered by Walk Score ®
  • City Lansing, MI
  • Zip Code 48906
  • Market Detroit

Points of Interest

East Lansing

8.09 miles

ChargePoint

2.38 miles

GE

2.44 miles

ClipperCreek

2.85 miles

Mobil

3.35 miles

Speedway

3.65 miles

Eaton

4.74 miles

ChargePoint

4.78 miles

Speedway

4.87 miles

Clipper Creek

5.30 miles

Greenlots

5.52 miles

Hall of Justice East Ramp

4.62 miles

320 South Capitol Ramp

5.17 miles

Lot A

5.76 miles

Islamic Center of East Lansing Parking Lot

7.99 miles

Lot 99

8.28 miles

Lot 4

8.31 miles

Grand River Avenue Ramp

8.37 miles

Ramp 2 (Lot 12)

8.53 miles

Ramp 3 (Lot 19)

9.09 miles

Lot 33

9.40 miles

Lansing Mall Food Court

2.35 miles

Subway

3.51 miles

Taco Bell

4.72 miles

Happy's Pizza

5.06 miles

Bangkok House

5.10 miles

Troppo

5.14 miles

Saddleback BBQ

5.72 miles

Siraj Bakery & Grill

5.90 miles

Boston's the Gormet Pizza

5.92 miles

Rally's

6.23 miles

JCPenney

2.34 miles

Lansing Mall

2.38 miles

TJ Maxx

2.40 miles

Kohl's

2.43 miles

Once Apon a Child

2.65 miles

Gift & Bible / Diane's Halmark / Teaching Center

2.68 miles

Target

2.72 miles

Valuland

2.89 miles

Sears Outlet

3.87 miles

Old Town General Store

4.86 miles

Looking Glass Regional Fire Authority

2.24 miles

Kroger Pharmacy

2.45 miles

Total Health Spine and Nutrition

2.98 miles

Lansing Township Police

3.66 miles

Lansing Fire Station #2

3.99 miles

Sparrow Hospital - Saint Lawrence Campus

4.11 miles

Arch Physical & Sports Therapy

4.56 miles

Community Mental Health Authority

4.63 miles

DeWitt Township Fire Station

4.79 miles

Lansing Fire Station #1

5.04 miles

Contacts

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Owner

  • True 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 15 Mar, 2013
  • 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

Find more tax info, including assessment history and abatements, on CommercialEdge

Frequently Asked Questions

What is the total square footage of 5597 & 5599 West Grand River Avenue?

5597 & 5599 West Grand River Avenue totals 124,339 square feet.

When was this property built?

5597 & 5599 West Grand River Avenue was built in 1981.

When was 5597 & 5599 West Grand River Avenue last sold?

5597 & 5599 West Grand River Avenue was last sold on 15 Mar, 2013.

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