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Professionally Managed Office Building Available
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809 Center St, Lansing, MI 48906

22,200 SF office building with easy access to downtown.

Space SizeContact for details
Property Size22,200 SF
Lot Size1.46 Acres
Days on Market1611

Property Features for 809 Center St

General Information

Standard status Active
Size 22,200 SF
Class B
Total Parking Spaces 63
Lot size 1.46 Acres
Property subtype Office
Lease Type Modified Gross

Building Details

Building Size 22,200 SF
Year Built 1996
Tenancy Multiple

Spaces For Lease

at 809 Center St Contact us

LL Suites

Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us
Listing Agency: Martin Commercial Properties
Listed By: Eric Rosekrans · License #MI 6501153826
Source: Crexi
Added: Mar 25, 2022 Changed: Aug 18 Last Checked: Aug 19 at 8:16PM

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.

This is a 22,200 square foot professionally managed office building, constructed in 1966 and renovated in 1996, situated on 1.46 acres. The property features single office suites available on the lower level. It includes 74 on-site parking spaces and multiple access points on Center Street. Road side directory signage is available. The location offers access to the Lansing River Trail and excellent exposure on Oakland Avenue, which averages over 10,000 vehicles per day. The property provides easy access to downtown with free parking.

Key Highlights

  • Excellent exposure on Oakland Avenue with over 10,000 vehicles per day.
  • 74 on‑site parking spaces.
  • Easy access to downtown with free parking.

Property Analytics

Current Use

Alyssa's Massage Therapy Alternative Medicine Practice Scott Kribs Alternative Medicine Practice Kare's Massage & Healing Alternative Medicine Practice People Stand Together Charitable Organization Bona Fide Healing ... Physician

Suggested Use

Top Pick Dental Office Real Estate Agency Building Supply Big Box & Wholesale Store Storage Facility Nail Salon

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
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,096
Businesses Nearby

Demographics for 48906, MI

25,674
Population
12,180
Households
2.1
Avg Household Size
37
Median Age
29%
College-Educated
91%
High-School Grad
32.5 sq mi
ZIP Area
790
Density / Sq Mi
$61,533
Median Household Income
$38,551
Median Earnings
$1,033
Median Rent
$128,600
Median Home Value

Market

Lease Benchmarks for Lansing, MI

$17.39 /SF/Yr
Avg Asking Price
$9.75–$30 /SF/Yr
Price Range
48,759 SF
Avg Space Size

This space is priced 14% below the average of $17.39 /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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - 22,200 SF office building with easy access to downtown.
Where is this office building located?
The property is located at 809 Center St Lansing, MI.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: Excellent exposure on Oakland Avenue with over 10,000 vehicles per day.; 74 on‑site parking spaces.; Easy access to downtown with free parking.
(517) 351-2200 Call to check price and availability
More about this property
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