University Corporate Research Park - 2727 Alliance Drive

Off-Market

2727 Alliance Drive, Lansing, MI 48910

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

  • Property Type Office - R&D - Office
  • Property Size 71,627 SF
  • Lot Size 11.44 Acre
  • Parking Spaces Avail. 313
  • Parking Ratio 4.38 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1990

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 ®

    16/100 Car-Dependent
  • Transit Score ®

    31/100 Some Transit
  • Bike Score ®

    69/100 Bikeable
Powered by Walk Score ®
  • City Lansing, MI
  • Zip Code 48910
  • Market Detroit

Points of Interest

  • East Lansing

    1.10 miles

  • Sunoco

    1.06 miles

  • Marathon

    1.20 miles

  • Citgo

    1.48 miles

  • ChargePoint

    1.56 miles

  • Mobil

    1.56 miles

  • Speedway

    1.58 miles

  • GE

    1.85 miles

  • ChargePoint

    1.86 miles

  • Admiral

    1.91 miles

  • Sunoco

    1.92 miles

  • Lot 98

    0.62 miles

  • Lot 94

    0.69 miles

  • Lot 93

    0.95 miles

  • Lot 85

    0.98 miles

  • Lot 201

    1.02 miles

  • Lot 200

    1.04 miles

  • Lot 99

    1.08 miles

  • Lot 81

    1.15 miles

  • Lot 82

    1.16 miles

  • Lot 89

    1.17 miles

  • Candlewood Suites East Lansing, an IHG Hotel

    0.15 miles

  • Red Roof Inn

    0.94 miles

  • SpringHill Suites by Marriott East Lansing University Area

    1.22 miles

  • Kellogg Hotel and Conference Center

    1.99 miles

  • Graduate East Lansing

    2.38 miles

  • Wild Goose Inn Bed & Breakfast

    2.43 miles

  • TownePlace Suites East Lansing

    2.45 miles

  • Marriott East Lansing at University Place

    2.45 miles

  • Quality Inn University

    2.70 miles

  • Courtyard Lansing Downtown

    3.03 miles

  • Subway

    1.07 miles

  • Taco Bell

    1.09 miles

  • Taco Bell

    1.12 miles

  • Woody's Oasis

    1.17 miles

  • Korea House

    1.22 miles

  • Swagath Indian Cuisine

    1.23 miles

  • Sparty's Kabob

    1.23 miles

  • Ming Dynasty Asian Cuisine

    1.59 miles

  • Jersey Mike's Subs

    1.63 miles

  • McDonald's

    1.65 miles

  • LifeTech Academy

    0.21 miles

  • Beekman Center

    0.49 miles

  • Michigan State University

    0.58 miles

  • Spartan Child Development Center

    0.68 miles

  • Forest View Elementary School

    0.75 miles

  • Lansing Christian School

    1.78 miles

  • Mount Hope Elementary School

    1.88 miles

  • MSU Poultry Research & Teaching Center

    2.05 miles

  • Lyons Elementary School

    2.09 miles

  • Holmes Street School

    2.23 miles

  • Michigan State University Child Development Laboratories

    2.33 miles

  • Eastminster Child Development Center

    3.16 miles

  • Gilden Woods Okemos

    3.77 miles

  • Little Dreamers Daycare Center

    5.33 miles

  • Gilden Woods

    6.41 miles

  • Wilkshire Early Childhood Center

    6.44 miles

  • Harvey Education Center

    8.95 miles

Frequently Asked Questions

What is the total square footage of University Corporate Research Park - 2727 Alliance Drive?

University Corporate Research Park - 2727 Alliance Drive totals 71,627 square feet.

What is the market value for University Corporate Research Park - 2727 Alliance Drive?

The market value* for University Corporate Research Park - 2727 Alliance Drive in 2023 was $2,558,000.
*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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