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Office Suite in Office Park
For Lease
$15 SF/Yr

1675 Watertower Place, East Lansing, MI 48823

Office suite in Watertower Place Office Park with easy access to US-127/I-496 and potential for medical use.

Space SizeContact for details
Property Size17,942 SF
Days on Market3394

Property Features for 1675 Watertower Place

General Information

Standard status Active
Size 17,942 SF
Class A
Total Parking Spaces 60
Property subtype Office
Zoning PO

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Building Size 17,942 SF
Year Built 2005
Buildings 1
Stories 1
Listing Agency: NAI Mid-Michigan
Listed By: David Robinson · License #6502386052
Source: Cpix.resimplifi
Added: May 22, 2017 Changed: Aug 8 Last Checked: Sep 4 at 2:16AM

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 NAI Mid-Michigan

Investment Insights

Based on property information with market context.

Located in East Lansing’s Watertower Place Office Park, this professionally managed property offers an available office suite suitable for a range of office uses, with the option for medical use. The space is part of a managed office park environment designed for business tenants.

The location provides easy access to US-127/I-496 and places the suite near Eastwood Shopping Center, along with nearby restaurants and banks.

For tenants looking for a managed office suite in the East Lansing area with convenient freeway connectivity and flexibility for office or medical-related use, this listing offers a straightforward option within the Watertower Place Office Park.

Key Highlights

  • Office suite in Watertower Place Office Park
  • Year built: 2005
  • Suitable for office use with potential for medical use

Property Analytics

Current Use

Davita Dialysis Medical Clinic Messina Neurology Medical Clinic Jeffrey Johnson Medical Clinic Augustin Law Offices Law Firm Christina Glenn Physician

Suggested Use

Top Pick Building Supply Auto Repair Shop Big Box & Wholesale Store Auto Parts Store HVAC Service Storage Facility

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

Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

913
Businesses Nearby

Demographics for 48823, MI

51,793
Population
23,757
Households
2.2
Avg Household Size
28
Median Age
64%
College-Educated
98%
High-School Grad
23.6 sq mi
ZIP Area
2,195
Density / Sq Mi
$50,837
Median Household Income
$19,837
Median Earnings
$1,127
Median Rent
$261,100
Median Home Value

Market

Lease Benchmarks for East Lansing, MI

$18.98 /SF/Yr
Avg Asking Price
$9–$46.71 /SF/Yr
Price Range
7,815 SF
Avg Space Size

This space is priced 21% below the average of $18.98 /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 - Office suite in Watertower Place Office Park with easy access to US-127/I-496 and potential for medical use.
Where is this office units located?
The property is located at 1675 Watertower Place East Lansing, MI.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: Office suite in Watertower Place Office Park; Year built: 2005; Suitable for office use with potential for medical use
More about this property
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