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Southwind Office Park 913 W Holmes Rd 61,064 SF 91% Leased Office Building Lansing, MI 48910 $2,500,000 ($40.94/SF)

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Investment Highlights

  • Located adjacent to a 65,000 SF Kroger supermarket (shared parking lot); surrounded by commercial, medical, and residential.
  • Lansing, MI is home to Michigan State University (55,000 students & faculty), as well as the Michigan State Capitol.
  • ±3.77 acre parcel with 130+ dedicated parking spaces.

Executive Summary

±61,000 SF medical / professional multi-tenant office building located in Lansing, Michigan. Rezoned for mixed-use, featuring first-floor commercial tenants and potential second-floor residential units. Priced significantly below replacement cost. New LED lighting, exterior paint, and annual parking lot sealcoating & restriping.

Property Facts

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
61,064 SF
Building Class
B
Year Built/Renovated
1980/2020
Price
$2,500,000
Price Per SF
$40.94
Percent Leased
91%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
30,532 SF
Slab To Slab
9’
Building FAR
0.37
Lot Size
3.77 AC
Opportunity Zone
Yes
Zoning
R2 - Community Retail and Service
Parking
130 Spaces (2.13 Spaces per 1,000 SF Leased)

Amenities

  • Bus Line

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Fl-Ste 143
  • 300-1,000 SF
  • Office
  • Full Build-Out
  • Now

Excellent professional co-tenancies, immediately adjacent to all amenities, and convenient access to major roads and highways. Very proactive landlord, helping tenants customize their space, and hands-on management. Six months free rent for qualified tenants.

  • 2nd Floor
  • 200-4,400 SF
  • Office
  • Full Build-Out
  • Now

Excellent professional co-tenancies, immediately adjacent to all amenities, and convenient access to major roads and highways. Very proactive landlord, helping tenants customize their space, and hands-on management. Six months free rent for qualified tenants.

Space Size Space Use Condition Available
1st Fl-Ste 143 300-1,000 SF Office Full Build-Out Now
2nd Floor 200-4,400 SF Office Full Build-Out Now

1st Fl-Ste 143

Size
300-1,000 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

2nd Floor

Size
200-4,400 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

1st Fl-Ste 143

Size 300-1,000 SF
Space Use Office
Condition Full Build-Out
Available Now

Excellent professional co-tenancies, immediately adjacent to all amenities, and convenient access to major roads and highways. Very proactive landlord, helping tenants customize their space, and hands-on management. Six months free rent for qualified tenants.

2nd Floor

Size 200-4,400 SF
Space Use Office
Condition Full Build-Out
Available Now

Excellent professional co-tenancies, immediately adjacent to all amenities, and convenient access to major roads and highways. Very proactive landlord, helping tenants customize their space, and hands-on management. Six months free rent for qualified tenants.

Property Taxes

Property Taxes

Parcel Number
01-01-32-226-542
Land Assessment
$247,600
Improvements Assessment
$687,200
Total Assessment
$934,800
  • Listing ID: 33932927

  • Date on Market: 11/20/2024

  • Last Updated:

  • Address: 913 W Holmes Rd, Lansing, MI 48910

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