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2859 Eyde Pkwy, East Lansing, MI 48823

Two-story office building near MSU with ample parking.

Space SizeContact for details
Lot Size2.43 Acres
Days on Market909

Property Features for 2859 Eyde Pkwy

General Information

Standard status Active
Lot size 2.43 Acres
Property subtype Office
Lease Type Modified Gross

Building Details

Tenancy Multiple

Spaces For Lease

at 2859 Eyde Pkwy Contact us

Available Space

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 11, 2024 Changed: Sep 2 Last Checked: Aug 29 at 10:19AM

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 two-story office building, constructed in 2002, offers 22,080 square feet of space on a 2.43-acre site. The property is currently configured for a single tenant but can be divided to accommodate multiple users. It features approximately 100 free parking spaces. Located on Eyde Parkway, the building is near Sparrow Michigan Athletic Club, Hannah Plaza, two hotels, and The Hannah Lofts and The Lodges residential communities. The location has a Walk Score of 86, providing pedestrian access to nearby restaurants, services, and amenities. Key features include prominent building signage and proximity to Michigan State University, which is less than one mile away. The property is suitable for office users seeking visibility and convenience in East Lansing.

Key Highlights

  • Proximity to Michigan State University (less than one mile away)
  • Ample free parking with approximately 100 spaces
  • Excellent pedestrian access to nearby restaurants, services, and amenities (Walk Score of 86)

Property Analytics

Current Use

Evolve Tele-Services, Inc. Advertising Agency

Suggested Use

Top Pick Building Supply Real Estate Agency Dental Office Auto Parts Store Auto Repair Shop Pharmacy

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
$2.63 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,137
Businesses Nearby

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

Market

Lease Benchmarks for East Lansing, MI

$16.83 /SF/Yr
Avg Asking Price
$14–$20 /SF/Yr
Price Range
17,003 SF
Avg Space Size

This space is priced 4% above the average of $16.83 /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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Frequently Asked Questions

What type of property is this?
Office building - Two-story office building near MSU with ample parking.
Where is this office building located?
The property is located at 2859 Eyde Pkwy East Lansing, MI.
What is the lease rate?
The lease rate is $17.50 SF/Yr.
What are key features of this property?
This property features: Proximity to Michigan State University (less than one mile away); Ample free parking with approximately 100 spaces; Excellent pedestrian access to nearby restaurants, services, and amenities (Walk Score of 86)
(517) 351-2200 Call to check price and availability
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