Office Space with Parking
For Sale
Contact for pricing
6512 Centurion Dr, Lansing, MI 48917
Office space for sale with on-site parking and easy access.
Property Size8,065 SF
Days on Market196
Property Features for 6512 Centurion Dr
General Information
Standard status
Active
Size
8,065 SF
Class
B
Property subtype
Office
Lease Term
MG
Building Details
Building Size
8,065 SF
Year Built
1995
Properties For Sale
at 6512 Centurion Dr
Capitol Commerce Center - Fully Leased
Size
7,683 SF
Term
Negotiable
Listing Agency:
Eyde Development
Listed By:
Evemarie Eyde
(203) 570-0727
Source:
Eyde
Added: Apr 8
Changed: Oct 9
Last Checked: Oct 19 at 4:22AM
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 Development
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This commercial real estate property, suitable for office use, is located at the corner of S. Creyts Road and W. Saint Joseph Highway. On-site parking is available. The location provides easy access to I-96 and is in close proximity to restaurants, gyms, dry cleaners, retail establishments, and banks. The lease type is modified gross.
Key Highlights
- Corner Location: Prominently situated on the corner of S. Creyts Road and W. Saint Joseph Highway.
- On‑Site Parking: Parking available on the property.
- Easy Access to I‑96: Benefit from convenient access to Interstate 96.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$77,811
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,556,220
$1.6M
Cap Rate 7%
$1,111,586
$1.1M
Cap Rate 9%
$864,567
$864.6K
Market Conditions
NOI Build-Up for 8,065 SF
Gross rent
$129.7K $16.08/SF
− Vacancy
−$25.9K −$3.22/SF
EGI
$103.7K $12.86/SF
− OpEx
−$25.9K −$3.22/SF
NOI
$77.8K $9.65/SF
Area
Lansing, MI
Vacancy
20.00%
Lease Rate
$16.08 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,556,220
Cap Rate 7%
$1,111,586
Cap Rate 9%
$864,567
Alternative Uses
Best Use
Office B
$1.11M
$972.6K – $1.30M
NOI $77,811 @ 7.0% cap · market cap 518,740.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.66M
$1.45M – $1.94M
NOI $116,208 @ 7.0% cap · market cap 774,720.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
431
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Midwest region
Similar Off Market Nearby
- MTS Associates — 1533 Blue Ridge Dr, Lansing, MI 48917
Frequently Asked Questions
What type of property is this?
Office space - Office space for sale with on-site parking and easy access.
Where is this office space located?
The property is located at 6512 Centurion Dr Lansing, MI.
What are key features of this property?
This property features: Corner Location: Prominently situated on the corner of S. Creyts Road and W. Saint Joseph Highway.; On‑Site Parking: Parking available on the property.; Easy Access to I‑96: Benefit from convenient access to Interstate 96.
