Prudden Tech Centre

Off-Market

700 May Street, Lansing, MI 48906

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 127,195 SF
  • Lot Size 6.44 Acre
  • Parking Spaces Avail. 786
  • Parking Ratio 6.18 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1999

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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Brokers

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Documents

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Sales

  • 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 ®

    78/100 Very Walkable
  • Transit Score ®

    48/100 Some Transit
  • Bike Score ®

    63/100 Bikeable
Powered by Walk Score ®
  • City Lansing, MI
  • Zip Code 48906
  • Market Detroit

Points of Interest

  • East Lansing

    2.81 miles

  • Pacific Pride

    0.36 miles

  • Speedway

    0.50 miles

  • Eaton

    0.65 miles

  • Greenlots

    0.66 miles

  • Mobil

    0.85 miles

  • Marathon

    0.86 miles

  • Marathon

    0.95 miles

  • Speedway

    1.11 miles

  • Sunoco

    1.16 miles

  • BP

    1.18 miles

  • Lot 56

    0.52 miles

  • Lot A

    0.58 miles

  • LCC Lot E6

    0.65 miles

  • Lot B

    0.70 miles

  • South Grand Ramp

    0.77 miles

  • Roosevelt Parking Ramp

    0.80 miles

  • Capitol Lot

    0.92 miles

  • 320 South Capitol Ramp

    1.00 miles

  • Allegan Ramp

    1.03 miles

  • Ottawa Ramp

    1.12 miles

  • Courtyard Lansing Downtown

    0.59 miles

  • Cozy Koi Bed and Breakfast

    0.68 miles

  • Radisson Hotel Lansing at the Capitol

    0.71 miles

  • Quality Inn University

    1.77 miles

  • Homewood Suites by Hilton Lansing Eastwood

    2.09 miles

  • Hyatt Place

    2.18 miles

  • Fairfield Inn & Suites by Marriott Lansing at Eastwood

    2.27 miles

  • Holiday Inn Express

    2.30 miles

  • Hampton

    2.47 miles

  • Kellogg Hotel and Conference Center

    2.56 miles

  • Burger King

    0.22 miles

  • Bangkok House

    0.27 miles

  • Rally's

    0.27 miles

  • 517 BBQ

    0.31 miles

  • Happy's Pizza

    0.31 miles

  • Old Town Diner

    0.43 miles

  • The Cosmos

    0.43 miles

  • MP Social

    0.48 miles

  • Arctic Corner

    0.50 miles

  • Taqueria El Chaparrito

    0.51 miles

  • Former Cedar Street Elementary School

    0.41 miles

  • Grand River Elementary School

    0.53 miles

  • Lansing Community College

    0.61 miles

  • Lansing Catholic High School

    0.70 miles

  • Walnut Street School

    0.79 miles

  • High Street School

    0.83 miles

  • Resurrection School

    0.88 miles

  • Eastern High School

    0.90 miles

  • Martin Luther High School

    1.01 miles

  • Pattengill Biotechnical Magnet School

    1.02 miles

  • Michigan State University Child Development Laboratories

    2.71 miles

  • Eastminster Child Development Center

    4.01 miles

  • Little Dreamers Daycare Center

    4.52 miles

  • Gilden Woods

    6.86 miles

  • Gilden Woods Okemos

    6.87 miles

  • Wilkshire Early Childhood Center

    7.76 miles

Frequently Asked Questions

What is the total square footage of Prudden Tech Centre?

Prudden Tech Centre totals 127,195 square feet.

When was this property built?

Prudden Tech Centre was built in 1999.

Looking for more in-depth information on this property?

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