Search
Granger Place Office Units
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
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

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

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.

Key Highlights

  • Large floor plates with views from all sides
  • DT‑3 zoning
  • Built in 1983

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Soul Media Film Production Michigan Distributors & Vndrs Charitable Organization Absolute Waterproofing Solutions ... Hardware & Home Improvement DevCare Solutions (Bike/Boat/Book/etc) Store Kheder Davis & Associates ... Consultant

Suggested Use

Top Pick Computer & Electronic Repair Dental Office (Bike/Boat/Book/etc) Store Nail Salon Electrical Service HVAC Service

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
$3.90 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,341
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025

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
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved