• 2875 Northwind Drive
  • 2875 Northwind Drive
  • +3 images 2875 Northwind Drive
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2875 Northwind Drive Listing Details & Market Data

Off-Market

2875 Northwind Drive, East Lansing, MI 48823

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Office - General Office
  • Property Size 40,504 SF
  • Lot Size 9.13 Acre
  • Property Tenancy Multi-Tenant
  • Building Class C
  • Year Built 1978

Location

  • City East Lansing, MI
  • Zip Code 48823
  • Market Detroit

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Purchase Date 30 Oct, 2017
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination Date

Market Trends

Average Actual Rents in East Lansing

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in East Lansing Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2020 Avg. Asking Rent $24.61
  • 2020 Office Vacancy Rate 7.84%
  • 2020 Office Completions (SF)

Tax

  • Property Tax in 2021 $40,747
  • Market Value* $1,170,000
  • Assessed Value $1,170,000

Find more tax info, including assessment history and abatements, on CommercialEdge

*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.