Granger Place Office
For Lease
$26 SF/Yr
120 N Washington Square, Lansing, MI 48933
Tenants have access to parking in a nearby city ramp and can walk to government offices, retail, banks, and restaurants.
Space SizeContact for details
Property Size157,000 SF
Days on Market24
Property Features for 120 N Washington Square
General Information
Standard status
Active
Size
157,000 SF
Class
A
Property subtype
Office
Zoning
DT-3
Site & Location
Neighborhood
Downtown Neighborhood Association
Additional Details
Space Use
Office
Building Details
Building Size
157,000 SF
Year Built
1983
Stories
10
Tenancy
Multi-Tenant
Listing Agency:
Reid Real Estate, LLC
Listed By:
Robert Reid
(517) 346-7700
Source:
Cpix.resimplifi
Added: Oct 1
Changed: Oct 23
Last Checked: Oct 23 at 4:00PM
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 Reid Real Estate, LLC
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Investment Insights
Based on property information with market context.
Granger Place is an office property with large floor plates and views in every direction. The building was constructed in 1983 and carries DT-3 zoning.
The property is in Lansing’s CBD, within walking distance of the State Capitol, state office buildings, courts, retail, banks, and restaurants. Parking is available in an adjacent city ramp.
The property is in Lansing’s CBD, within walking distance of the State Capitol, state office buildings, courts, retail, banks, and restaurants. Parking is available in an adjacent city ramp.
Key Highlights
- Large floor plates with views from all sides
- DT‑3 zoning
- Built in 1983
Property Analytics
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Open Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.90 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
2,341
Businesses Nearby
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Business Placement
Demographics for 48933, MI
2,467
Population
2,103
Households
1.2
Avg Household Size
33
Median Age
35%
College-Educated
88%
High-School Grad
1.0 sq mi
ZIP Area
2,467
Density / Sq Mi
$36,895
Median Household Income
$34,549
Median Earnings
$919
Median Rent
$130,200
Median Home Value
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Market
Lease Benchmarks for Lansing, MI
$32.22 /SF/Yr
Avg Asking Price
$6–$216 /SF/Yr
Price Range
17,896 SF
Avg Space Size
This space is priced 19% below the average of $32.22 /SF/Yr.
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office unit - Tenants have access to parking in a nearby city ramp and can walk to government offices, retail, banks, and restaurants.
Where is this office unit located?
The property is located at 120 N Washington Square Lansing, MI.
What is the lease rate?
The lease rate is $26 SF/Yr.
What are key features of this property?
This property features: Large floor plates with views from all sides; DT‑3 zoning; Built in 1983
