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Class A Brick Office Building
For Lease
$20 SF/Yr

2947 Eyde Pkwy, East Lansing, MI 48823

Two-story Class A brick office building near major university and healthcare destinations.

Space SizeContact for details
Property Size21,034 SF
Days on Market2375

Property Features for 2947 Eyde Pkwy

General Information

Standard status Active
Size 21,034 SF
Class A
Property subtype Office

Additional Details

Highway Access Yes

Building Details

Building Size 21,034 SF
Year Built 1998
Buildings 1
Stories 2
Construction brick
Listing Agency: Eyde Company
Listed By: Jim R. Rundell
Source: Cpix.resimplifi
Added: Mar 9, 2020 Changed: Aug 8 Last Checked: Jul 23 at 11:58AM

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 Eyde Company

Investment Insights

Based on property information with market context.

This two-story Class A brick office building offers a professional office setting in a substantial property designed for workplace use. The building totals 21,000 square feet and is positioned for tenants seeking proximity to prominent research and institutional activity.

The property is located across from Michigan State University and near popular restaurants and shopping, as well as the Michigan Athletic Club and Sparrow Health Science Pavilion. It is also a short drive to I-69, US-127, and I-96, providing practical access to the broader Lansing area.

The building benefits from its adjacency to Michigan State University research and development facilities, with close proximity to the MSU Cyclotron and the Facility for Rare Isotope Beams (FRIB). It is also near the Michigan University Research Corridor Headquarters in downtown Lansing.

Key Highlights

  • 21,000 SF two‑story Class A brick office building built in 1998
  • Located across from Michigan State University
  • Adjacent to Michigan State University research and development facilities

Property Analytics

Current Use

Spartan Orthotics and Prosthetics Orthotics & Prosthetics Service Northwestern Mutual Financial Advisor Eyde Company Real Estate Agency

Suggested Use

Top Pick Building Supply Real Estate Agency Dental Office Auto Parts Store Auto Repair Shop Pharmacy

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
NNN (Triple Net)
Lease Type
$3.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,137
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

$16.83 /SF/Yr
Avg Asking Price
$14–$20 /SF/Yr
Price Range
17,003 SF
Avg Space Size

This space is priced 19% above the average of $16.83 /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
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Frequently Asked Questions

What type of property is this?
Office building - Two-story Class A brick office building near major university and healthcare destinations.
Where is this office building located?
The property is located at 2947 Eyde Pkwy East Lansing, MI.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: 21,000 SF two‑story Class A brick office building built in 1998; Located across from Michigan State University; Adjacent to Michigan State University research and development facilities
More about this property
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