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120 E Jolly Rd
Lansing, MI 48910
US Military Processing Command · Office Property For Sale
PROPERTY FACTS
ABOUT 120 E JOLLY RD , LANSING, MI 48910
Single-tenant investment property, 100% occupied by the United States Military as a Military Entrance Processing Station (MEPS). The 34,202 SF MEPS building is located in Lansing, Michigan, the capitol of the State of Michigan. Originally constructed in 1987 as a build-to-suit for the government, the building has received many upgrades over the years. It features a reception area, interior offices and medical and testing areas,plus abundant on-site parking. The General Services Administration (GSA) signed a new 15-year lease (10 years firm) effective July 1, 2019. As is typical for GSA leases,the lease on the MEPS Building is full-service. Based on the tenant history at the site, the length of the lease and the creditworthiness of a US government tenant, the MEPS building will provide investors with outstanding risk-adjusted returns. Call list agent for details.
PROPERTY TAXES
| Parcel Number | 01-05-04-202-011 | Improvements Assessment | $1,198,500 |
| Land Assessment | $179,800 | Total Assessment | $1,378,300 |
PROPERTY TAXES
