Capitol Hall Executive Offices

Off-Market

115 West Allegan Avenue, Lansing, MI 48933

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  • Property Type Office - Shared Space
  • Property Size 30,000 SF
  • Lot Size 0.07 Acre
  • Property Tenancy Multi-Tenant
  • Building Class C
  • Year Built 1916

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Purchase Date 24 Feb, 2015
  • 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.

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

Location

Getting Around

  • Walk Score ®

    80/100 Very Walkable
  • Transit Score ®

    56/100 Good Transit
  • Bike Score ®

    82/100 Very Bikeable
Powered by Walk Score ®
  • City Lansing, MI
  • Zip Code 48933
  • Market Detroit

Points of Interest

  • East Lansing

    3.05 miles

  • Clipper Creek

    0.37 miles

  • Greenlots

    0.46 miles

  • ChargePoint

    0.58 miles

  • Eaton

    0.63 miles

  • Marathon

    0.69 miles

  • Admiral

    0.76 miles

  • Mobil

    0.77 miles

  • Marathon

    0.81 miles

  • Pacific Pride

    0.83 miles

  • BP

    0.86 miles

  • 320 South Capitol Ramp

    0.14 miles

  • South Grand Ramp

    0.14 miles

  • Capitol Lot

    0.18 miles

  • Roosevelt Parking Ramp

    0.24 miles

  • Allegan Ramp

    0.30 miles

  • Employee Parking

    0.33 miles

  • Ottawa Ramp

    0.41 miles

  • Pine Lot

    0.45 miles

  • Allegan Surface Lot

    0.47 miles

  • Ottawa Surface Lot

    0.49 miles

  • Radisson Hotel Lansing at the Capitol

    0.16 miles

  • Courtyard Lansing Downtown

    0.49 miles

  • Cozy Koi Bed and Breakfast

    0.64 miles

  • Quality Inn University

    2.44 miles

  • SpringHill Suites by Marriott East Lansing University Area

    2.90 miles

  • Homewood Suites by Hilton Lansing Eastwood

    2.95 miles

  • Kellogg Hotel and Conference Center

    3.04 miles

  • Hyatt Place

    3.05 miles

  • Fairfield Inn & Suites by Marriott Lansing at Eastwood

    3.13 miles

  • Holiday Inn Express

    3.16 miles

  • Firehouse Subs

    0.03 miles

  • Grand Traverse Pie Company

    0.03 miles

  • Cap City Cafe

    0.03 miles

  • Envie

    0.03 miles

  • Jimmy John's

    0.04 miles

  • Zoup!

    0.04 miles

  • Weston's Kewpee Restaurant

    0.05 miles

  • La Cocina Cubana

    0.06 miles

  • Tatse

    0.06 miles

  • Sahara Delight

    0.07 miles

  • West Junior High School

    0.38 miles

  • Lansing Community College

    0.39 miles

  • Vivian Riddle Elementary School

    0.90 miles

  • Walnut Street School

    0.93 miles

  • Capitol Area Driving School

    0.97 miles

  • Former Cedar Street Elementary School

    1.06 miles

  • Mid-Michigan Leadership Academy

    1.10 miles

  • Holmes Street School

    1.13 miles

  • Main Street School

    1.25 miles

  • Saint Casimir School

    1.27 miles

  • Michigan State University Child Development Laboratories

    3.27 miles

  • Little Dreamers Daycare Center

    3.66 miles

  • Eastminster Child Development Center

    4.61 miles

  • Gilden Woods Okemos

    7.04 miles

  • Gilden Woods

    7.61 miles

  • Wilkshire Early Childhood Center

    8.40 miles

Frequently Asked Questions

What is the total square footage of Capitol Hall Executive Offices?

Capitol Hall Executive Offices totals 30,000 square feet.

When was this property built?

Capitol Hall Executive Offices was built in 1916.

When was Capitol Hall Executive Offices last sold?

Capitol Hall Executive Offices was last sold on 24 Feb, 2015.

What is the market value for Capitol Hall Executive Offices?

The market value* for Capitol Hall Executive Offices in 2022 was $1,785,800.
*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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