Iconic Hollister Building Retail/Office
For Lease
Contact for pricing
106 W Allegan St, Lansing, MI 48933
Prime retail/office space in downtown Lansing's landmark Hollister Building.
Space Size1,035 SF - 1,448 SF
Property Size93,000 SF
Days on Market1409
Property Features for 106 W Allegan St
General Information
Standard status
Active
Size
1,035 SF - 1,448 SF
Property subtype
Retail
Lease Type
NNN
Building Details
Building Size
93,000 SF
Tenancy
Multiple
Spaces For Lease
at 106 W Allegan St Contact us- Size
- 1,448 SF
- Type
- Retail
- Lease Type
- NNN
- Availability
- Active
120 S Washington
- Size
- 1,035 SF
- Type
- Retail
- Lease Type
- NNN
- Availability
- Active
Suite 120 (Ground Floor)
Listing Agency:
Martin Commercial Properties
(517) 319-9230
Listed By:
Samantha Le · License #6501447479
Source:
Crexi
Added: Oct 13, 2022
Changed: Aug 8
Last Checked: Aug 8 at 4:26AM
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 landmark Hollister Building at the corner of Washington Square and Allegan Street, this ground floor retail or office space offers up to 11,239 square feet. The building is situated in downtown Lansing's shopping, dining, and professional district. The location provides walkability and is a 3-minute walk to the State Capitol, City Hall, and major office buildings. With a Walk Score of 84, the space is suited for businesses seeking to engage with the downtown daytime workforce and residential population, offering visibility, access, and opportunity.
Key Highlights
- Premier location at the corner of Washington Square and Allegan Street in downtown Lansing.
- Up to 11,239 SF of retail/office space available in the iconic Hollister Building.
- Unmatched walkability with a Walk Score of 84.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.00 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
2,235
Businesses Nearby
Explore this area
Business Placement
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
$27.52 /SF/Yr
Avg Asking Price
$7.5–$144 /SF/Yr
Price Range
10,185 SF
Avg Space Size
This space is priced 27% below the average of $27.52 /SF/Yr.
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Retail space - Prime retail/office space in downtown Lansing's landmark Hollister Building.
Where is this retail space located?
The property is located at 106 W Allegan St Lansing, MI.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: Premier location at the corner of Washington Square and Allegan Street in downtown Lansing.; Up to 11,239 SF of retail/office space available in the iconic Hollister Building.; Unmatched walkability with a Walk Score of 84.
