Share This Listing

Message

948 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

WOODLAKE PARK OFFICE PORTFOLIO 3 Office Properties Offered at $7,042,417 CAD in Okemos, MI

Save this listing!

Favourite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • Three-building offering totaling ± 43,700 square feet along Jolly Road in Okemos, MI.
  • Home to Memorial Healthcare’s Neuroscience Center, a leading regional medical provider that has invested in three custom buildouts/renovations.
  • Premier Tenancy | New Parking Lot and Roofs.
  • Prime Location - Easy access to I-96, US-127, and Grand River Avenue; minutes from Michigan State University and Downtown East Lansing.

EXECUTIVE SUMMARY

Marcus & Millichap is pleased to exclusively offer The Woodlake Portfolio; a rare opportunity to acquire a three building portfolio in the highly desirable Okemos submarket of Greater Lansing, Michigan. Strategically located along Jolly Road with excellent visibility and convenient access to I-96, US-127, and the major East Lansing/ Okemos retail corridor, the properties offer stable tenancy, strong demographics, and long-term growth potential. With proximity to Michigan State University, downtown Lansing, and the region’s leading healthcare and technology employers, this portfolio is well-positioned to deliver reliable cash flow and value appreciation.
These buildings collectively provide an attractive mix of office and flex space, appealing to a wide range of professional, medical, and service-oriented tenants. The Okemos market benefits from one of the highest household incomes in the Lansing MSA, strong population density, and consistent demand from both regional and national tenants. This portfolio provides investors the ability to acquire immediate in-place income and long-term tenancy.
A key anchor within the portfolio is Memorial Healthcare’s nationally recognized Neuroscience Center, which has demonstrated its long-term commitment to the location by completing three major buildouts and renovations within the building. Their investment in these facilities underscores both the quality of the asset and the strategic value of this corridor for attracting and retaining top-tier healthcare providers. With a mix of professional office, medical, and flex tenants, this portfolio delivers immediate cash flow with further upside through lease-up and continued rent growth in one of Lansing’s most supply-constrained and demographically strong markets.

PROPERTY FACTS

Price $7,042,417 CAD
Price / SF $160.71 CAD / SF
Sale Condition Bulk/Portfolio Sale
Cap Rate 8.51%
Sale Type Investment
Status Active
Number of Properties 3
Individually For Sale 0
Total Building Size 43,820 SF
Total Land Area 4.40 AC

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
2525 Jolly Rd, Okemos, MI 48864 Office 14,666 SF 1999 -
2501 Jolly Rd, Okemos, MI 48864 Office 14,595 SF 1999 -
2549 Jolly Rd, Okemos, MI 48864 Office 14,559 SF 2000 -
Show More > < Show Less
  • Listing ID: 38285752

  • Date on Market: 2025-10-31

  • Last Updated:

  • Address: WOODLAKE PARK OFFICE PORTFOLIO, Okemos, MI

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}