3394 East Jolly Road Listing Details & Market Data

3394 East Jolly Road, Lansing, MI 48910

Off-Market

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  • Property Type Office - Medical Office
  • Property Size 26,840 SF
  • Lot Size 2.59 Acre
  • Parking Spaces Avail. 110
  • Parking Ratio 4.10/ 1,000 SF
  • Property Tenancy Owner Occupied
  • Building Class B
  • Year Built 2001

Location

  • City Lansing, MI
  • Zip Code 48910
  • 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 12 Nov, 2020
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Market Trends

Average Actual Rents in 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 Lansing Office Market

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

  • 2020 Avg. Asking Rent $20.61
  • 2020 Office Vacancy Rate 9.80%
  • 2020 Office Completions (SF)

Tax

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