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    FOR LEASE
    Office buildings

    4202 Collins Rd, Lansing, MI 48910

    34,533 SF 3.84 ac lot Built 2003
    Entity Owned 7-yr Hold Free & Clear
    Property ID
    US43-1803409
    Property summary
    AI-generated overview

    This exceptional 7,961 square foot Class A executive office space is available for lease in a prestigious two-story brick building totaling 34,000 square feet. Located in Ingham County, this property boasts a highly visible location, easily accessible from US-127/Jolly Road interchange, offering excellent exposure and convenient access for employees and clients. The building is situated adjacent to Michigan State University and a regional U.S. Post Office, providing a strategic location within a thriving community. The building features elevators for easy access to all floors. Ample on-site parking is available for tenants and visitors. This single-tenant space is ideal for a business seeking a prominent and well-equipped office environment. The building is currently home to Spring Arbor University and a Social Security office, demonstrating its high-quality and desirable location. This is a rare opportunity to secure a significant amount of prime office space in a highly sought-after area. The property's strategic location and modern amenities make it an exceptional choice for businesses seeking a prestigious and functional workspace. Contact us today to schedule a viewing and explore the possibilities.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 2003
    Total area 34,533 SF
    Lot 3.84 ac (167,270 SF)
    Zoning code F COMM
    APN 33-01-01-36-102-092
    UPID US43-1803409
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Spring Arbor University, Lansing University
    • Shanthi Virupannavar Physician
    • Monika Mohan, MD Physician
    • Dr. Shanti Virupannavar, DO Physician
    • SAU Lansing High School
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $3.00M
    Blend (final) Blend
    $3.01M
    Owner & transaction history
    Louis J Eyde Family LLC · 7 yrs held
    Louis J Eyde Family LLC
    since 2019
    3 recorded transactions
    2019
    2019
    1969
    Zoning & alternative use
    F COMM · Lansing, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Restaurant $3.0M +25.0%
    Auto repair, garage $2.9M +22.2%
    Medical building $2.9M +21.8%
    Try Rey
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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