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5601 Enterprise Drive

Off-Market

5601 Enterprise Drive, Lansing, MI 48911

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  • Property Type Industrial - Warehouse/Distribution
  • Property Size 48,750 SF
  • Lot Size 2.79 Acre
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1974

Location

  • Walk Score ® Car-Dependent (18)
  • Transit Score ® Some Transit (29)
  • Bike Score ® Somewhat Bikeable (41)
Powered by Walk Score ®
  • City Lansing, MI
  • Zip Code 48911
  • Market Detroit

Points of Interest

East Lansing

3.32 miles

Pacific Pride

0.23 miles

Marathon

0.62 miles

Speedway

0.72 miles

Mobil

0.83 miles

Speedway

0.85 miles

Meijer

0.87 miles

Citgo

0.95 miles

Speedway

1.03 miles

Citgo

1.27 miles

Sunoco

1.29 miles

Parking and Drivers Education Practice Lot

1.96 miles

Lot 98

2.82 miles

Lot 94

2.93 miles

truck parking

2.95 miles

car parking

2.98 miles

Lot 201

3.15 miles

Lot 200

3.23 miles

Lot 93

3.24 miles

Lot 85

3.25 miles

Lot 99

3.35 miles

Dan's Coney Island

0.57 miles

McDonald's

0.72 miles

Falafel Time

0.76 miles

Ming Dynasty Asian Cuisine

0.77 miles

Jersey Mike's Subs

0.78 miles

China King

0.90 miles

Culver's

0.91 miles

Arby's

0.96 miles

Happy's Pizza

0.96 miles

Fazoli's

0.96 miles

International Market One

0.59 miles

Asean Food Mart

0.59 miles

American International

0.73 miles

Meijer

0.89 miles

ZZ's Market

1.00 miles

International Food Mart

1.02 miles

Queen Market

1.11 miles

ALDI

1.16 miles

Target

1.26 miles

Gordon Food Service

1.29 miles

Lansing Fire Station #4

0.56 miles

NovaCare Rehabilitation

0.58 miles

Clinton Eaton Ingham Community Mental Health

0.63 miles

The GI Clinic

0.98 miles

Walgreens

1.15 miles

Lansing Urgent Care

1.19 miles

Advanced Cardiac and Vascular

1.19 miles

NovaCare Rehabilitation

1.19 miles

CVS Pharmacy

1.22 miles

Central Pharmacy

1.31 miles

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Purchase Date 05 Mar, 2021
  • 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
Unlock on CommercialEdge
Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
Unlock on CommercialEdge

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

  • Property Tax in 2022 $41,620
  • Market Value* $1,093,400
  • Assessed Value $1,093,400

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 5601 Enterprise Drive?

5601 Enterprise Drive totals 48,750 square feet.

When was this property built?

5601 Enterprise Drive was built in 1974.

When was 5601 Enterprise Drive last sold?

5601 Enterprise Drive was last sold on 05 Mar, 2021.

What is the property tax for 5601 Enterprise Drive?

The property tax for 5601 Enterprise Drive in 2022 was $41,620.

What is the market value for 5601 Enterprise Drive?

The market value* for 5601 Enterprise Drive in 2022 was $1,093,400.
*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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