The typical asking rate per listing is in the $10's per square foot per year. The Lansing submarket is seeing a decline in rates. In the last 3 months, the median rate fell $9 per sqft per year. That's a 33% decrease in rent.
In the last 90 days, 750 listings have been made available, so you'll want to check back regularly for new listings. About 5% of the listings in the Lansing are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 2,800 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this region are approximately 1 floors. Most buildings in this region were built in 1907 and are Class B.
Real time and historical data on commercial real estate listings in Lansing.
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