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5858 Enterprise Drive

Off-Market

5858 Enterprise Drive, Lansing, MI 48911

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  • Property Type Industrial - Manufacturing
  • Property Size 79,960 SF
  • Lot Size 4.61 Acre
  • Property Tenancy Single Tenant
  • Building Class B
  • Year Built 2000

Location

  • Walk Score ® Car-Dependent (24)
  • Transit Score ® Some Transit (36)
  • Bike Score ® Somewhat Bikeable (32)
Powered by Walk Score ®
  • City Lansing, MI
  • Zip Code 48911
  • Market Detroit

Points of Interest

East Lansing

3.69 miles

Sunoco

1.60 miles

Blink

3.36 miles

ChargePoint

3.58 miles

Clipper Creek

4.12 miles

ChargePoint

4.20 miles

ChargePoint

4.53 miles

Eaton

5.05 miles

Marathon

5.10 miles

Shell

5.35 miles

Marathon

5.68 miles

Lot 82

3.80 miles

Ramp 5 (Lot 102)

4.19 miles

Lot 54

4.45 miles

Lot 42

4.45 miles

State Visitor Parking

4.65 miles

Roosevelt Parking Ramp

4.68 miles

Hall of Justice Surface Lot

4.76 miles

Albert Avenue Garage

5.02 miles

Charles Street Garage

5.04 miles

Staff Parking Lot

7.69 miles

Falafel Time

0.59 miles

Rusty Mug Bar & Grill

3.61 miles

Woody's Oasis

3.73 miles

Wally's Fish & Chicken

4.23 miles

Soup Spoon Cafe

4.34 miles

Bowdie's Chop House

4.44 miles

Brody Square

4.49 miles

Conrad's Grill

4.70 miles

Jimmy John's

4.72 miles

Arby's

4.97 miles

ALDI

0.81 miles

International Food Mart

0.88 miles

Target

0.98 miles

Stock+Field

1.16 miles

Dong An Market

2.43 miles

Viet Thai Market

2.67 miles

REO Town Marketplace

3.76 miles

Fresh Thyme

3.81 miles

Old Town General Store

5.36 miles

Darrell's Market and Hardware

6.11 miles

Lansing Fire Station #4

0.23 miles

Clinton Eaton Ingham Community Mental Health

0.66 miles

Advanced Cardiac and Vascular

1.38 miles

Lansing Urgent Care

1.38 miles

NovaCare Rehabilitation

1.38 miles

CVS Pharmacy

2.27 miles

McLaren Orthopedic Hospital

2.29 miles

McLaren Greater Lansing

2.50 miles

Rite Aid

2.53 miles

McLaren Greater Lansing

2.67 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 $141,184
  • Current Tax $133,476
  • Market Value* $3,709,000
  • Assessed Value $3,709,000

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 5858 Enterprise Drive?

5858 Enterprise Drive totals 79,960 square feet.

When was this property built?

5858 Enterprise Drive was built in 2000.

What is the market value for 5858 Enterprise Drive?

The market value* for 5858 Enterprise Drive in 2022 was $3,709,000.
*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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