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    3315 Michigan Ave Lansing, MI 48912

    Sponsored
    For Lease
    $14 SF/Yr

    Prime Ingham County Office Suite Available

    Lot size:
    120,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional executive office suite, totaling 5,281 square feet, is located within the popular Frandor Plus shopping center, a 120,000 square foot retail and office complex in Ingham County. The space is immediately available for lease and represents a significant opportunity for businesses seeking a high-visibility location. The property boasts a highly desirable in-line space configuration within a multi-tenant building, offering excellent accessibility and ample parking. With over 500 well-lit parking spaces available for tenants and their clients, convenience is paramount. The center enjoys a strategic location with excellent access to major thoroughfares including US-127, I-496, and 196, ensuring easy commutes for employees and clients alike. Strong anchors such as Dunham's and the Secretary of State provide significant traffic and visibility to the center. High-profile pylon and building signage opportunities are available, enhancing brand recognition and attracting potential customers. The property is zoned for commercial use, making it ideal for a variety of office-based businesses. The maximum contiguous space available is 5,281 square feet, perfectly suited for a growing company or a business seeking a prominent presence in a thriving commercial area. This is a rare opportunity to secure a well-located, high-profile office space in a bustling retail environment.

    Property Features for 3315 Michigan Ave

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    120,000 SF
    Total Rate
    140000

    Unit(s) available at that property

    Space
    Suite 4
    Size
    5,281 SF
    Rate per SF
    $14

    HighLights

    • Retail and office property totaling 120,000 square feet.
    • 5,281 square feet of executive office/in‑line space currently available.
    • Multi‑tenant building.
    • Over 500 parking spaces available.
    • High‑visibility location with pylon and building signage.
    • Excellent access to major roadways (US‑127, I‑496, and I‑96).
    Property Profile Location Intelligence

    Current Use by Public Records

    Secretary of State Self-service ... Department Of Motor Vehicles Premier Rehabilitation - Frandor Physical Therapy Clinic License Appeal Hearing ... Driver'S License Office Secretary of State office Department Of Motor Vehicles Dashmart Lansing Grocery Delivery Service

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lansing
    County
    Ingham
    State
    Michigan
    Longitude
    -84.50294685
    Latitude
    42.73474855

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Ingham County Office Suite Available
    Where is this office property / space located?
    The property is located at 3315 Michigan Ave Lansing, MI.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: Retail and office property totaling 120,000 square feet.; 5,281 square feet of executive office/in-line space currently available.; Multi-tenant building.
    Request Owner's contact information
    3315 Michigan Ave Lansing, MI 48912
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3315 Michigan Ave Lansing, MI 48912
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