• Charles E. Chamberlain Federal Building
  • Charles E. Chamberlain Federal Building
  • +2 images Charles E. Chamberlain Federal Building
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Charles E. Chamberlain Federal Building Listing Details & Market Data

Off-Market

315 West Allegan Street, Lansing, MI 48933

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 119,405 SF
  • Lot Size 2 Acre
  • Parking Spaces Avail. 119
  • Parking Ratio 1.00/ 1,000 SF
  • Property Tenancy Owner Occupied
  • Building Class B
  • Year Built 1933

Location

  • City Lansing, MI
  • Zip Code 48933
  • Market Detroit

Contacts

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Owner

  • True Owner
  • Registered Owner

Tenants

Suite Name Tenant Leased
Space		 Rent Price Lease
Type		 Space
Type		 Lease Term
370 17th Street #5500 MERRILL, (303) 446-5500 23,824 SF $23/SF/YR Modified
Gross		 General
Office		 11/01/2014-
N/A
370 17th Street
#6000		 Morrison & Foerster,
(303) 592-1500		 10,710 SF $26/SF/YR Full
Service		 General
Office		 08/01/2013-
07/31/2023
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Documents

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Sales

  • 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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