Turnkey Medical Office Condominium
For Lease
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1500 Watertower Pl, East Lansing, MI 48823
Turnkey medical office suite with dedicated X-ray room, six exam rooms, and two restrooms including a shower.
Space Size2,816 SF
Days on Market187
Property Features for 1500 Watertower Pl
General Information
Standard status
Active
Size
2,816 SF
Property subtype
OFFICE
Lease Type
NNN
Spaces For Lease
at 1500 Watertower Pl Contact us- Floor
- 1
- Size
- 2,816 SF
- Type
- OFFICE
- Lease Type
- NNN
- Availability
- AVAILABLE
1500 Watertower Place - For Lease $16/SF/Yr
For sale or lease: a turnkey 2,816 sq ft former podiatry office condominium unit...
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Listing Agency:
RE/MAX Commercial Group
(517) 321-2800
Listed By:
Matthew Wisniewski, CCIM · License #6501360426
(517) 980-9299
Source:
Moodyscre
Added: Mar 12
Changed: Sep 8
Last Checked: Sep 13 at 11:13AM
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 RE/MAX Commercial Group
Investment Insights
Based on property information with market context.
Turnkey 2,816-square-foot former podiatry office condominium unit designed for efficient patient flow. The suite includes a welcoming waiting area with a built-in reception desk, a separate check-out area, and six exam rooms with a dedicated X-ray room right off the reception area. Additional interior features include two restrooms (one with a shower), a break room, and physicians’ offices beyond the main reception and exam areas.
The building provides both monument signage and building signage on both the front and back. As part of a condo association, common area maintenance—including landscaping, snow removal, and exterior upkeep—is handled professionally.
The building is occupied exclusively by medical users, supporting a coordinated healthcare environment, and the location offers convenient access to major roads, Michigan State University, and Sparrow Hospital in the Greater Lansing area.
The building provides both monument signage and building signage on both the front and back. As part of a condo association, common area maintenance—including landscaping, snow removal, and exterior upkeep—is handled professionally.
The building is occupied exclusively by medical users, supporting a coordinated healthcare environment, and the location offers convenient access to major roads, Michigan State University, and Sparrow Hospital in the Greater Lansing area.
Key Highlights
- Turnkey 2,816 SF former podiatry office condo unit at 1500 Watertower Place in East Lansing, MI
- Dedicated X‑ray room plus 6 exam rooms located off the reception area
- Two restrooms, including one restroom with a shower
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.40 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
718
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Turnkey medical office suite with dedicated X-ray room, six exam rooms, and two restrooms including a shower.
Where is this medical office space located?
The property is located at 1500 Watertower Pl East Lansing, MI.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: Turnkey 2,816 SF former podiatry office condo unit at 1500 Watertower Place in East Lansing, MI; Dedicated X‑ray room plus 6 exam rooms located off the reception area; Two restrooms, including one restroom with a shower
