Lansing, MI Commercial Real Estate for Lease - 150 Listings

Arcadia Smokehouse | For Lease

2101 E Michigan Ave, Lansing, MI
Property

Retail
Availability

1 Space

7,134 SF
Year Built

1954
For Lease Contact for pricing
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6910 S Cedar Street

6910 S Cedar Street, Lansing, MI
Property

Office

14,288 SF
Availability

5 Spaces

806 SF
For Lease

$375.00 - $475.00/MO
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Verndale Office Park

6105 West St. Joseph Hwy, Waverly, Lansing, MI
Property

Office

131,501 SF
Availability

9 Spaces

30,243 SF
Year Built

1978
For Lease

$17.50 - $20.00/SF/YR
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Boji Tower

124 West Allegan Street, Lansing, MI
Property

Office

250,000 SF
Availability

8 Spaces

37,179 SF
Year Built

1929
For Lease

$22.00/SF/YR
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742 N. Clippert St

742 N. Clippert St, Lansing, MI
Property

Retail

14,289 SF
Availability

2 Spaces

2,700 SF
For Lease

$22.00/SF/YR
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Large Westside Office Space Available

5123 W St Joe Hwy, Lansing, MI
Property

Office

5,183 SF
Availability

2 Spaces

5,183 SF
For Lease

$12.88/SF/YR
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The Louie

123 West Allegan Street, Lansing, MI
Property

Office

94,930 SF
Availability

1 Space

14,872 SF
Year Built

1959
For Lease Contact for pricing
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2510 Snow Road

2510 Snow Road, Lansing, MI
Property

Industrial

273,238 SF
Availability

1 Space

135,000 SF
Year Built

1999
For Lease

$6.95/SF/YR
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Brookside Plaza

707-739 Brookside Drive, Waverly, Lansing, MI
Property

Retail

24,176 SF
Availability

1 Space

1,600 SF
For Lease

$14.00/SF/YR
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Former Career Quest

3215 S Pennsylvania Ave, Lansing, MI
Property

Office

27,898 SF
Availability

1 Space

27,898 SF
Year Built

1967
For Lease

$8.50/SF/YR
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4S Building

2013 E Michigan Ave, Lansing, MI
Property

Mixed Use

1,200 SF
Availability Contact for availability
Year Built

1924
For Lease Contact for pricing
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Retail Strip Center For Sale or Lease

3280 S Waverly Rd, Lansing, MI
Property

Retail
Availability

1 Space

1,050 SF
Year Built

2003
For Lease Contact for pricing
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Cedar Square

5525 S Cedar Street , Lansing, MI
Property

Retail

12,600 SF
Availability

2 Spaces

6,000 SF
Year Built

1966
For Lease

$8.00/SF/YR
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Capitol Commerce Center

6500 Centurion Dr, Waverly, Lansing, MI
Property

Office

11,172 SF
Availability

5 Spaces

8,066 SF
Year Built

1995
For Lease

$15.00/SF/YR
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Capitol Commerce Center

6607 W. St. Joseph Highway, Lansing, MI
Property

Office

15,318 SF
Availability

4 Spaces

10,516 SF
Year Built

1995
For Lease

$15.00/SF/YR
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Suite 4B 3120 Sovereign Drive | 3,078 SF

3120 Sovereign Dr, Lansing, MI
Property

Office
Availability

1 Space

3,078 SF
Year Built

1994
For Lease Contact for pricing
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NEW RETAIL DEVELOPMENT

6200 S Pennsylvania Ave, Lansing, MI
Property

Retail
Availability

1 Space

5,179 SF
For Lease Contact for pricing
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South Lansing Office Suites

1000 Long Blvd, Lansing, MI
Property

Office

4,787 SF
Availability

6 Spaces

4,667 SF
For Lease

$9.50 - $53.33/SF/YR
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110 W Washtenaw

110 W Washtenaw , Lansing, MI
Property

Office

6,594 SF
Availability

1 Space

6,594 SF
For Lease Contact for pricing
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101 South Washington Square

101 South Washington Square, Lansing, MI
Property

Office

66,067 SF
Availability

3 Spaces

11,840 SF
Year Built

1965
For Lease

$20.00 - $23.00/SF/YR
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Loft Offices Downtown Lansing

119 Pere Maquette Dr, Lansing, MI
Property

Office

17,640 SF
Availability

1 Space

4,701 SF
For Lease

$18.00/SF/YR
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Washington Distribution Center

2120 S. Washington Avenue, Lansing, MI
Property

Industrial

114,037 SF
Availability

1 Space

114,037 SF
Year Built

1951
For Lease

$4.50/SF/YR
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111 West Mount Hope Avenue

111 West Mount Hope Avenue, Lansing, MI
Property

Industrial

143,738 SF
Availability

2 Spaces

40,948 SF
Year Built

1915
For Lease

$5.50/SF/YR
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Avenue Flats

1629 E Michigan Ave, Lansing, MI
Property

Mixed Use

1,445 SF
Availability Contact for availability
Year Built

2012
For Lease Contact for pricing
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2840 E Saginaw St

2840 E Saginaw St, Lansing, MI
Property

Retail

5,280 SF
Availability

1 Space

4,050 SF
Year Built

1991
For Lease

$27.00/SF/YR
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3815 W St Joseph St.

3815 W St Joseph St., Lansing, MI
Property

Office

37,000 SF
Availability

3 Spaces

5,633 SF
For Lease

$14.00/SF/YR
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Lansing commercial real estate market incorporates 3,838,975 square feet of office space across 92 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Lansing commercial real estate market includes 2,066,213 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Lansing market, there is a total of 1,938,057 square feet of industrial property.

The listing inventory in Lansing incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Lansing is represented by Industrial space, which accounts for 1,078,146 square feet of available listings. Retail space available in Lansing adds up to 762,062 square feet.

Meanwhile, most of the listings of commercial property for sale in Lansing are in the Office category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

The average rent for commercial real estate space listed for lease in Lansing is $15.34 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in Lansing can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset. What’s more, each commercial property type makes its own rent market: while the average rent for office space rested at $19.54 per square foot, industrial space in Lansing saw average rents of $6.05 per square foot.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Lansing, depending on the property type you are interested in.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $237.25 per square foot. In particular, the property type commanding the highest lease rates in Lansing was Office space.

Conversely, the highest sale price last year was $3,900,000 that is located at 5913 Executive Drive.

The average size of a commercial property in Lansing depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Lansing, the average size of an office property is 43,625 square feet.
Retail properties here incorporate an average of 37,568 square feet.
Industrial space in Lansing is in buildings that are, on average 64,602 square feet in size.

Lansing, MI Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Lansing currently add up to 2,684,344 square feet. The market offers 65 active office listing(s), which amount to 691,706 square feet and account for 43% of commercial spaces on the market. Local retail availability includes 762,062 square feet across 55 retail space(s). Industrial space for rent opportunities in Lansing amount to 1,078,146 square feet across a total of 24 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	65	691,706
Retail	55	762,062
Industrial	24	1,078,146
Other	4	152,430

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Lansing, MI. Currently, there is 1,930,185 square feet of commercial property for sale here , which includes 30 office building(s) for sale , 22 retail investment opportunity listing(s) , and 16 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	30	806,690
Retail	22	168,485
Industrial	16	651,913
Other	32	303,097

Lansing, MI Commercial Real Estate for Lease - 150 Listings

Arcadia Smokehouse | For Lease

6910 S Cedar Street

Verndale Office Park

Boji Tower

742 N. Clippert St

Large Westside Office Space Available

The Louie

2510 Snow Road

Brookside Plaza

Former Career Quest

4S Building

Retail Strip Center For Sale or Lease

Cedar Square

Capitol Commerce Center

Capitol Commerce Center

Suite 4B 3120 Sovereign Drive | 3,078 SF

NEW RETAIL DEVELOPMENT

South Lansing Office Suites

110 W Washtenaw

101 South Washington Square

Loft Offices Downtown Lansing

Washington Distribution Center

111 West Mount Hope Avenue

Avenue Flats

2840 E Saginaw St

3815 W St Joseph St.

Frequently Asked Questions

Lansing, MI Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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Lansing, MI Commercial Real Estate for Lease - 150 Listings

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Lansing, MI?

What factors affect the price of commercial real estate in Lansing, MI?

What is the average rent for commercial space in Lansing, MI?

What are the best areas for commercial real estate in Lansing, MI?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Lansing, MI?

Lansing, MI Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

Other Popular Searches

Popular Coworking Searches

Popular Office Searches

Popular Retail Searches

Popular Industrial Searches

About us