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    6500 Mercantile Way Lansing, MI 48916

    Sponsored
    For Lease
    $12 SF/Yr

    Multiple suites, 2,728 - 7,975 sq ft

    Lot size:
    30,401 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This single-story, 30,401 square foot Class B office building, constructed in 1980, offers multiple tenancy options ranging from 2,728 to 7,975 square feet. Located at 6500 Mercantile Way in Lansing, Michigan (48916), this property boasts a prime South Lansing location, providing exceptional flexibility and visibility for businesses of all sizes. The building features convenient access to I-96 and Cedar Street, ensuring easy commutes for employees and clients throughout the metro Lansing area. Amenities include bike racks, electric car charging stations, and access to workout facilities, enhancing employee satisfaction and overall value. On-site maintenance and management services are available five days a week. The property is zoned G-2 WHOLESALE and its Ingham County APN is 33-01-05-10-176-118. This property is ideal for businesses seeking executive office suites or corporate headquarters, with both move-in-ready and build-to-suit options available. The building represents the largest single office complex in South Lansing.

    Property Features for 6500 Mercantile Way

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    30,401 SF
    Class
    B
    Total Rate
    30401

    Building Details

    Year Built
    1980
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Suite 4
    Size
    2,728 SF
    Rate per SF
    $126
    Space
    Suite 6
    Size
    7,975 SF
    Rate per SF
    $12
    Space
    Suite 5
    Size
    7,975 SF
    Rate per SF
    $144

    HighLights

    • 30,401 SF single‑story Class B office building built in 1980.
    • Located at 6500 Mercantile Way, Lansing, MI 48916, in a prime South Lansing location.
    • Offers multiple suite sizes from 2,728 SF to 7,975 SF, with move‑in‑ready and build‑to‑suit options.
    • Excellent access to I‑96 and Cedar Street.
    • Amenities include bike racks, electric vehicle charging stations, and access to fitness facilities.
    • On‑site management and maintenance five days a week.
    Property Profile Location Intelligence

    Current Use by Public Records

    Great Lakes Recruit ... Federal Government Office Fusion Dance Center Dance School Wagging tails breeding ... Pet Boarding Service U.S. Army Great ... Military Recruiting Office Mackinac Software LLC Software Company

    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
    -84.5361863
    Latitude
    42.6651007

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    FAQs

    What type of property is this?
    Office space - Multiple suites, 2,728 - 7,975 sq ft
    Where is this office space located?
    The property is located at 6500 Mercantile Way Lansing, MI.
    What is the lease rate?
    The lease rate is $12-$144 SF/Yr.
    What are key features of this property?
    This property features: 30,401 SF single-story Class B office building built in 1980.; Located at 6500 Mercantile Way, Lansing, MI 48916, in a prime South Lansing location.; Offers multiple suite sizes from 2,728 SF to 7,975 SF, with move-in-ready and build-to-suit options.
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    6500 Mercantile Way Lansing, MI 48916
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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
    6500 Mercantile Way Lansing, MI 48916
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