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    1044 Eastbury Dr Lansing, MI 48917

    For Lease
    $18 SF/Yr

    Class A Office Space, 29,768 SF

    Lot size:
    29,768 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional Class A office building, totaling 29,768 square feet, is situated on a generous 8.72-acre lot. Built in 2001 and extensively renovated in 2021, this two-story structure offers a sophisticated and functional workspace. The property boasts a striking circular drive leading to a covered main entrance, enhancing both curb appeal and accessibility. Covered balconies and patios grace three sides of each floor, providing tranquil views of a nearby creek and surrounding woodlands. The ideal setting and layout make it perfect for corporate headquarters. The upper level features a spacious reception area, a formal conference room, private offices, workstations, and a flexible open area suitable for cubicles. The lower level includes a convenient cafeteria with an adjoining patio, a well-equipped workout facility, a training room, a dedicated server room, private offices, open space for cubicles, and restrooms complete with a shower. Security is ensured with a key card access system, and a robust 230kW backup generator provides complete building power redundancy. Conveniently located off Saginaw Highway, with easy access to I-96, this property enjoys proximity to a variety of restaurants, shopping centers, and hotels. The building offers 132 parking spaces and is zoned for office use. Available space ranges from approximately 5,000 to 30,000 square feet, offering flexibility for various business needs.

    Property Features for 1044 Eastbury Dr

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    29,768 SF
    Class
    A
    Total Rate
    44652

    Building Details

    Year Built/Renovated
    2001/2021
    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    Size
    29,768 SF
    Rate per SF
    $18

    HighLights

    • Class A, 29,768 SF office building on 8.72 acres.
    • Single‑tenant occupancy, 2‑story building constructed in 2001, renovated in 2021.
    • 132 parking spaces, located near I‑96 interchange with easy access to restaurants, shopping, and hotels.
    • Features include a circular drive, covered balconies/patios, security system, key card access, and a 230kW backup generator.
    • Amenity‑rich space with a cafeteria, workout facility, and training room.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Meritain Health Health Insurance Agency

    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
    Eaton
    State
    Michigan
    Longitude
    -84.6531627
    Latitude
    42.7442471

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    FAQs

    What type of property is this?
    Office Property / Space - Class A Office Space, 29,768 SF
    Where is this office property / space located?
    The property is located at 1044 Eastbury Dr Lansing, MI.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: Class A, 29,768 SF office building on 8.72 acres.; Single-tenant occupancy, 2-story building constructed in 2001, renovated in 2021.; 132 parking spaces, located near I-96 interchange with easy access to restaurants, shopping, and hotels.
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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
    1044 Eastbury Dr Lansing, MI 48917
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