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Office Units in Office Park
For Lease
$15.50 SF/Yr

231 W Lake Lansing Rd, East Lansing, MI 48823

Available units provide a professional setting near Lake Lansing Road with convenient interstate access.

Space SizeContact for details
Property Size12,635 SF
Days on Market998

Property Features for 231 W Lake Lansing Rd

General Information

Standard status Active
Size 12,635 SF
Class C
Property subtype Office

Additional Details

Highway Access Yes

Building Details

Building Size 12,635 SF
Buildings 1
Stories 1
Listing Agency: NAI Mid-Michigan
Listed By: Steve Slater
Source: Cpix.resimplifi
Added: Dec 12, 2023 Changed: Aug 29 Last Checked: Aug 29 at 8:29PM

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.

Office units are available within Asher Court Office Park at 231 W Lake Lansing Rd in East Lansing. The property is positioned along Lake Lansing Road and provides office-focused commercial space in an established office park setting.

The location offers access to I-127 and is close to Michigan State University. Eastwood Towne Center is also only minutes away, adding a nearby retail destination to the surrounding context.

Key Highlights

  • Office units within Asher Court Office Park
  • Located at 231 W Lake Lansing Rd in East Lansing
  • Convenient access to I‑127

Property Analytics

Current Use

Dr. Joseph Mauro, ... Dental Office Dr. Sonja G. ... Dental Office Patrick Coomes: Allstate ... Insurance Agency Central Michigan Group ... Dental Office Stabenow For US Senate Advocacy Group

Suggested Use

Top Pick Hair Salon HVAC Service Parking Lot & Garage Electrical Service Building Supply 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

Yes
Highway access
NNN (Triple Net)
Lease Type
$2.32 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

754
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 18% 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
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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Available units provide a professional setting near Lake Lansing Road with convenient interstate access.
Where is this office units located?
The property is located at 231 W Lake Lansing Rd East Lansing, MI.
What is the lease rate?
The lease rate is $15.50 SF/Yr.
What are key features of this property?
This property features: Office units within Asher Court Office Park; Located at 231 W Lake Lansing Rd in East Lansing; Convenient access to I‑127
More about this property
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