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603-613 E. Michigan Avenue, Lansing, MI 48912 603 E Michigan Ave 630 - 1,895 SF of Flex Space Available in Lansing, MI 48912
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 630-1,895 SF | Negotiable | $24.43 CAD/SF/YR $2.04 CAD/SF/MO $46,292 CAD/YR $3,858 CAD/MO | Triple Net (NNN) |
1st Floor
Located in the heart of the Stadium District of Downtown Lansing 800 E. Michigan Avenue offers an unparalleled opportunity to establish your business in a thriving and vibrant area. This location sits just blocks from the Michigan State Capitol and benefits from being in a downtown district that welcomes over 3.5 million annual visitors to its events, attractions, and businesses. The property is conveniently close to notable tenants and attractions, including Courtyard Lansing Downtown, Choose Lansing , Lansing Brewing Company, Jackson Field(home to the Lansing Lugnuts), and Capital City Market. The surrounding area is home to a dynamic mix of professional offices, retail establishments, and dining options, creating a robust commercial environment. Lansing’s population has grown to over 117,000 residents, with the greater metropolitan area exceeding 550,000 people, ensuring a steady flow of potential customers and clients. Additionally, the property enjoys proximity to major transportation routes, including easy access to I-496 and US-127, making it a premier location for businesses seeking visibility and convenience.
- Lease rate does not include utilities, property expenses or building services
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 1,895 SF | Gross Leasable Area | 3,432 SF |
| Min. Divisible | 630 SF | Year Built/Renovated | 1907/2004 |
| Property Type | Retail | Parking Ratio | 0.58/1,000 SF |
| Property Subtype | Storefront Retail/Residential |
| Total Space Available | 1,895 SF |
| Min. Divisible | 630 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 3,432 SF |
| Year Built/Renovated | 1907/2004 |
| Parking Ratio | 0.58/1,000 SF |
FEATURES AND AMENITIES
- Bus Line
NEARBY MAJOR RETAILERS
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603-613 E. Michigan Avenue, Lansing, MI 48912 | 603 E Michigan Ave
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