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Downtown Lansing Loft Office Space
For Lease
$216 SF/Yr Modified Gross

119 Pere Marquette Drive, Lansing, MI 48912

Two-story loft office in downtown Lansing with gated parking.

Space SizeContact for details
Property Size4,701 SF
Days on Market319

Property Features for 119 Pere Marquette Drive

General Information

Standard status Active
Size 4,701 SF
Property subtype Office
Lease Type Modified Gross Lease

Building Details

Building Size 4,701 SF
Listing Agency: RE/MAX
Listed By: Matthew Wisniewski · License #6501360426
Source: Remaxcommercial
Added: Sep 25, 2025 Changed: Aug 8 Last Checked: May 8 at 8:08PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX

Investment Insights

Based on property information with market context.

Located in downtown Lansing, the property at 119 Pere Marquette Drive is situated across from Starbucks and Bobcat Bonnies, and steps away from Michigan Avenue. This two-story loft-style office space features exposed brick walls. The property includes a mix of open workspace and private offices, along with a large conference room. Elevator and stair access ensures the space is barrier-free. Private gated parking is included.

Key Highlights

  • Prime Downtown Lansing location, steps from Michigan Avenue and across from popular businesses.
  • Includes private gated parking.
  • Two‑story loft‑style office space.

Property Analytics

Current Use

Michigan Promise Zones Department Of State Treasure Public Policy Associates Consultant Union Services Agency Insurance Agency Safe & Just Michigan ... Charitable Organization North Star Wellness ... Crisis Center

Suggested Use

Top Pick Computer & Electronic Repair (Bike/Boat/Book/etc) Store Dental Office Electrical Service Skin Care Clinic Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$32.40 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,082
Businesses Nearby

Demographics for 48912, MI

17,155
Population
9,064
Households
1.9
Avg Household Size
34
Median Age
40%
College-Educated
91%
High-School Grad
5.2 sq mi
ZIP Area
3,299
Density / Sq Mi
$53,072
Median Household Income
$34,598
Median Earnings
$1,037
Median Rent
$139,900
Median Home Value

Market

Lease Benchmarks for Lansing, MI

$31.77 /SF/Yr
Avg Asking Price
$6.9–$294 /SF/Yr
Price Range
12,104 SF
Avg Space Size

This space is priced 580% above the average of $31.77 /SF/Yr.

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Two-story loft office in downtown Lansing with gated parking.
Where is this office units located?
The property is located at 119 Pere Marquette Drive Lansing, MI.
What is the lease rate?
The lease rate is $216 SF/Yr.
What are key features of this property?
This property features: Prime Downtown Lansing location, steps from Michigan Avenue and across from popular businesses.; Includes private gated parking.; Two‑story loft‑style office space.
More about this property
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