8155 Executive CtLansing, MI 48917

For Sale
Call for price

36,130 SF Office Complex: Value-Add Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
94
This exceptional value-add opportunity presents a 36,130-square-foot multi-tenant office complex situated in Lansing, Michigan's Marketplace Office Park. The property, comprised of three buildings constructed in 2003, sits on a generous 39.41-acre lot and features a modified lease structure. Currently, occupancy stands at 41.13%, presenting significant potential for increased revenue. The property's strategic location on Executive Court, near Marketplace Boulevard and Saginaw Highway, offers convenient access to Interstates 69 and 96, ensuring excellent regional connectivity. The surrounding area boasts a wealth of amenities, including restaurants, retail establishments, grocery stores, fitness centers, and hotels. Lansing's robust economy, driven by major employers such as Michigan State University, the State of Michigan, General Motors, and others, provides a strong foundation for sustained growth. This property is ideal for owner-users seeking to establish a significant presence or investors looking to capitalize on the considerable value-add potential. The Class B office space offers a unique opportunity to enhance the property's value and generate substantial returns. The three buildings offer flexibility for various business needs. This is a prime opportunity to acquire a well-located, multi-tenant office complex in a thriving Michigan market.

Highlights

  • 36,130 square feet of multi-tenant office space in Lansing, MI.
  • 41.13% occupancy offering significant value-add potential for investors or owner-users.
  • Three buildings on a 39.41-acre lot, built in 2003, Class B.
  • Modified lease terms, with three existing tenants.
  • Strategically located near major highways (I-69 & I-96), offering excellent access and proximity to amenities.

Property Details for 8155 Executive Ct

Property type
Other office properties, Office properties
Square Feet
36,130 SF
Class
B
Year Built
2003
Buildings
3
Lot Size (sq. ft)
1,716,700 SF
Units
3

Location Insight

City
Lansing
County
Eaton
State
Michigan
Latitude
42.7305583
Longitude
-84.6726727
8155 Executive Ct, Lansing, Michigan

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
8155 Executive Ct
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message