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Waverly Office Suite For Rent
For Lease
$2,340/Mo

5123 W ST JOE 204, Lansing, MI 48917

Second-floor office suite with flexible space and ample parking.

Space SizeContact for details
Property Size1,870 SF
Days on Market266

Property Features for 5123 W ST JOE 204

General Information

Standard status Active
Size 1,870 SF
Property subtype Commercial

Building Details

Building Size 1,870 SF
Year Built 1979
Listing Agency: Inside Realty, LLC
Listed By: Evduza Ramaj · License #312816
Source: Elliman
Added: Nov 28, 2025 Changed: Aug 18 Last Checked: Aug 20 at 7:53AM

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 Inside Realty, LLC

Investment Insights

Based on property information with market context.

Suite 204 is a second-floor office suite featuring 1870 square feet of functional space. The property is zoned for commercial office use and includes on-site parking with approximately 80 spaces. It is positioned on a high-visibility corner lot, just minutes from I-496, I-96/I-69, and the Lansing Mall. The suite is suitable for a variety of professional services, including medical offices, dermatology clinics, aesthetic practices, med spas, skin care professionals, and beauty salons. Exterior signage opportunities are available. Tenant is responsible for electric service for their leased premises only.

Key Highlights

  • 1870 sq ft of flexible office space suitable for various professional services.
  • High‑visibility corner lot location.
  • Convenient access to I‑496, I‑96/I‑69, and the Lansing Mall.

Property Analytics

Current Use

Office Units

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

454
Businesses Nearby

Demographics for 48917, MI

32,679
Population
15,975
Households
2
Avg Household Size
41
Median Age
40%
College-Educated
94%
High-School Grad
24.0 sq mi
ZIP Area
1,362
Density / Sq Mi
$73,259
Median Household Income
$47,739
Median Earnings
$1,085
Median Rent
$211,300
Median Home Value

Market

Lease Benchmarks for Lansing, MI

$38.95 /SF/Yr
Avg Asking Price
$6.9–$294 /SF/Yr
Price Range
12,139 SF
Avg Space Size

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 units - Second-floor office suite with flexible space and ample parking.
Where is this office units located?
The property is located at 5123 W ST JOE 204 Lansing, MI.
What is the lease rate?
The lease rate is $2,340/Mo.
What are key features of this property?
This property features: 1870 sq ft of flexible office space suitable for various professional services.; High‑visibility corner lot location.; Convenient access to I‑496, I‑96/I‑69, and the Lansing Mall.
More about this property
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