Downtown Lansing Sublease

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Downtown Lansing

Office Space Market Report

Number of Listings (last 90 days)
17
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
2,490
As of: December 7, 2016

Downtown Lansing Rates

The typical asking rate per listing is in the $20's per square foot per year. The Downtown Lansing submarket is seeing a a rise in rates. In the last 3 months, the median rate went up $2 per sqft per year. That's a 9% increase in rent.

Downtown Lansing Listing Supply

In the last 90 days, 17 listings have been posted online, which means new listings might be going fast. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,490 sqft. Most properties in this market are close to 2 stories. Most buildings in this region were built in 1899 and are Class B.

Downtown Lansing Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this region. Most of the residents of Downtown Lansing work from home. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Downtown Lansing.
Market Report

Market Data

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