Herbert & Miller Buildings

Off-Market

620 Lesher Place, Lansing, MI 48912

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

  • Property Type Office - General Office
  • Property Size 38,000 SF
  • Lot Size 1.7 Acre
  • Property Tenancy Owner Occupied
  • Building Class C
  • Year Built 1985

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.

  • 2022 Avg. Asking Rent $19.21
  • 2022 Office Vacancy Rate 20.98%
  • 2022 Office Completions (SF)
View more Lansing market trends

Location

Getting Around

  • Walk Score ®

    71/100 Very Walkable
  • Transit Score ®

    47/100 Some Transit
  • Bike Score ®

    63/100 Bikeable
Powered by Walk Score ®
  • City Lansing, MI
  • Zip Code 48912
  • Market Detroit

Points of Interest

  • East Lansing

    2.63 miles

  • Pacific Pride

    0.54 miles

  • Greenlots

    0.59 miles

  • Speedway

    0.67 miles

  • Mobil

    0.72 miles

  • Marathon

    0.72 miles

  • Eaton

    0.79 miles

  • Speedway

    0.93 miles

  • BP

    1.06 miles

  • Marathon

    1.09 miles

  • Citgo

    1.10 miles

  • Lot A

    0.42 miles

  • Lot B

    0.53 miles

  • Lot 56

    0.71 miles

  • South Grand Ramp

    0.77 miles

  • LCC Lot E6

    0.80 miles

  • Roosevelt Parking Ramp

    0.87 miles

  • Lot 8

    0.96 miles

  • Capitol Lot

    0.98 miles

  • 320 South Capitol Ramp

    1.02 miles

  • Allegan Ramp

    1.09 miles

  • Courtyard Lansing Downtown

    0.52 miles

  • Radisson Hotel Lansing at the Capitol

    0.74 miles

  • Cozy Koi Bed and Breakfast

    0.82 miles

  • Quality Inn University

    1.64 miles

  • Homewood Suites by Hilton Lansing Eastwood

    2.13 miles

  • Hyatt Place

    2.20 miles

  • Fairfield Inn & Suites by Marriott Lansing at Eastwood

    2.27 miles

  • Holiday Inn Express

    2.27 miles

  • Kellogg Hotel and Conference Center

    2.40 miles

  • Hampton

    2.44 miles

  • Burger King

    0.37 miles

  • Bangkok House

    0.40 miles

  • Happy's Pizza

    0.44 miles

  • Rally's

    0.46 miles

  • Babe's Corner

    0.47 miles

  • 517 BBQ

    0.49 miles

  • Goodfellas Bagel Deli

    0.49 miles

  • MP Social

    0.52 miles

  • Hissho Sushi

    0.53 miles

  • Capital City Deli

    0.53 miles

  • Lansing Catholic High School

    0.54 miles

  • Grand River Elementary School

    0.58 miles

  • Former Cedar Street Elementary School

    0.59 miles

  • Resurrection School

    0.69 miles

  • Lansing Community College

    0.71 miles

  • Eastern High School

    0.74 miles

  • Pattengill Biotechnical Magnet School

    0.89 miles

  • Martin Luther High School

    0.90 miles

  • High Street School

    0.94 miles

  • Walnut Street School

    0.96 miles

  • Michigan State University Child Development Laboratories

    2.55 miles

  • Eastminster Child Development Center

    3.87 miles

  • Little Dreamers Daycare Center

    4.54 miles

  • Gilden Woods Okemos

    6.69 miles

  • Gilden Woods

    6.76 miles

  • Wilkshire Early Childhood Center

    7.63 miles

Frequently Asked Questions

What is the total square footage of Herbert & Miller Buildings?

Herbert & Miller Buildings totals 38,000 square feet.

When was this property built?

Herbert & Miller Buildings was built in 1985.

What is the market value for Herbert & Miller Buildings?

The market value* for Herbert & Miller Buildings in 2023 was $2,804,400.

*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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