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Sparrow Professional Building Listing Details & Market Data
1200 East Michigan Avenue, Lansing, MI 48912
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- Property Type Office - Medical Office
- Property Size 222,021 SF
- Lot Size 3.9 Acre
- Parking Spaces Avail. 632
- Parking Ratio 2.85/ 1,000 SF
- Property Tenancy Multi-Tenant
- Building Class A
- Year Built 1997
- City Lansing, MI
- Zip Code 48912
- Market Detroit
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|370 17th Street #5500||MERRILL, (303) 446-5500||23,824 SF||$23/SF/YR||Modified
|370 17th Street
|Morrison & Foerster,
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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.
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)
- Property Tax in 2021 $180,719
- Market Value* $4,747,600
- Assessed Value $4,747,600
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*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.