Lansing Office Space

517 W Jolly Rd - Entire Building Southside, Lansing, MI 12 classrooms and sale terms: cash to seller
Oct 03
22,000
sqft
For Sale Industrial Mixed Use Office Medical

Lansing

Market Report

Number of Listings
Posted in the last 90 days
6
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
2,800

Lansing Rates

On average, listings lease in the $10's per square foot per year. The Lansing submarket is going through a decrease in rates. In the last 3 months, the median rate fell $9 per sqft per year. That's a 33% decline in rent.

Lansing Listing Supply

In the last 90 days, 750 listings have come on the market, so you'll want to check back regularly for new listings. About 5% of the available leases in the Lansing are subleases, so you will probably have to focus your search on direct office leases. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 2,800 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this area are around 1 stories. Most buildings in this region were built in 1907 and are Class B.

Lansing Community

Market Data

Real time and historical data on commercial real estate listings in Lansing.
Research