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Downtown Office Suite For Rent
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620 S Capitol Ave, Lansing, MI 48933

Modern office suite in downtown Lansing with private parking.

Space SizeContact for details
Property Size32,416 SF
Days on Market1437

Property Features for 620 S Capitol Ave

General Information

Standard status Active
Size 32,416 SF
Class A
Property subtype Office
Lease Type Full Service

Building Details

Building Size 32,416 SF
Year Built 1993
Tenancy Multiple

Spaces For Lease

at 620 S Capitol Ave Contact us

Suite 325

Type
Office
Lease Type
Full Service
Availability
Active
Contact us
Listing Agency: Martin Commercial Properties
Listed By: Eric Rosekrans · License #MI 6501153826
Source: Crexi
Added: Sep 15, 2022 Changed: Aug 8 Last Checked: May 12 at 9:17PM

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 Martin Commercial Properties

Investment Insights

Based on property information with market context.

Located in the MMA Building, this 32,416 square foot barrier-free office suite is available for rent. The property features a large atrium and a shared conference room on the first floor. Suite 325 is finished and includes expansive windows, a reception area, four private offices, a work room, and a conference room. The building is professionally managed and includes a private, lighted parking lot with dual access from Hillsdale Street and Capitol Avenue. The property is conveniently located in downtown Lansing, next to I-496 and less than a mile from the State Capitol and downtown amenities.

Key Highlights

  • Large, private, lighted parking lot with dual access in downtown Lansing.
  • Conveniently located next to I‑496 with immediate access.
  • Professionally managed building in a central location.

Property Analytics

Current Use

Compass Insurance Agency Insurance Agency Michigan Manufacturers Association Charitable Organization MMA Service Corporation Financial Advisor Michigan Federation-Children Charitable Organization Michigan Sheriffs' Association Charitable Organization

Suggested Use

Top Pick Skin Care Clinic (Bike/Boat/Book/etc) Store Electrical Service Acupuncture Furniture & Home Goods Daycare Center

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

NNN (Triple Net)
Lease Type
$3.30 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,986
Businesses Nearby

Demographics for 48933, MI

2,467
Population
2,103
Households
1.2
Avg Household Size
33
Median Age
35%
College-Educated
88%
High-School Grad
1.0 sq mi
ZIP Area
2,467
Density / Sq Mi
$36,895
Median Household Income
$34,549
Median Earnings
$919
Median Rent
$130,200
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

This space is priced 44% below the average of $38.95 /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 - Modern office suite in downtown Lansing with private parking.
Where is this office units located?
The property is located at 620 S Capitol Ave Lansing, MI.
What is the lease rate?
The lease rate is $22 SF/Yr.
What are key features of this property?
This property features: Large, private, lighted parking lot with dual access in downtown Lansing.; Conveniently located next to I‑496 with immediate access.; Professionally managed building in a central location.
(517) 351-2200 Call to check price and availability
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