Multi-Tenant Office
For Sale
Contact for pricing
808 W LAKE LANSING RD, East Lansing, MI 48823
Professional office property with existing occupancy, diverse tenants, available suites, and on-site parking.
Property Size9,500 SF
Price / SF$60.53
Days on Market9
Property Features for 808 W LAKE LANSING RD
General Information
Standard status
Active
Size
9,500 SF
Total Parking Spaces
48
Property subtype
Office
Occupancy
71%
Net Operating Income
$49,993
Financials
Asking Price
$575,000
Cap Rate
8.7%
Additional Details
Road Access
Yes
Office Units
7
Building Details
Buildings
1
Building Size
9,500 SF
Tenancy
Multi
Listing Agency:
Woodworth Commercial Okemos
Listed By:
Todd Kosta · License #MI 6501346341
(517) 679-8633
Source:
Crexi
Added: Sep 2
Changed: Sep 9
Last Checked: Sep 10 at 8:24AM
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 Woodworth Commercial Okemos
Investment Insights
Based on property information with market context.
This 9,500 SF multi-tenant office building at 808 W. Lake Lansing Road includes seven suites, with five occupied and two currently available. Occupancy is 71%, and the tenant roster includes a therapy group, an insurance group, and Michigan Head Start. The property provides an established office configuration with additional suite availability for future leasing activity.
The building sits along W. Lake Lansing Road in East Lansing and records approximately 16,000 vehicles per day. On-site parking includes 48 spaces, supporting professional office operations and visitor access. The property has an in-place cap rate of approximately 8.7%.
The building sits along W. Lake Lansing Road in East Lansing and records approximately 16,000 vehicles per day. On-site parking includes 48 spaces, supporting professional office operations and visitor access. The property has an in-place cap rate of approximately 8.7%.
Key Highlights
- 9,500 SF multi‑tenant office building
- 71% occupied with five occupied suites and two vacancies
- Tenant roster includes a therapy group, insurance group, and Michigan Head Start
Property Analytics
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Current Use
Lease Details
7
Office units
71%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
805
Businesses Nearby
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
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Market
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Office building - Professional office property with existing occupancy, diverse tenants, available suites, and on-site parking.
Where is this office building located?
The property is located at 808 W LAKE LANSING RD East Lansing, MI.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: 9,500 SF multi‑tenant office building; 71% occupied with five occupied suites and two vacancies; Tenant roster includes a therapy group, insurance group, and Michigan Head Start
