Holiday Office Park Portfolio - Commercial Real Estate Services | Friedman Real Estate | Commercial Real Estate Services | Friedman Real Estate

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www.friedmanrealestate.com 248.324.2000

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    For Sale

    Holiday Office Park Portfolio

    6500, 6520, 6545, 6546 MERCANTILE WAY, 1048 PIERPOINT DRIVE, 920, 940, 1000, 1020 LONG BOULEVARD, 6810 CEDAR STREET
    Lansing, Michigan 48911
    For Sale

    Holiday Office Park Portfolio

    6500, 6520, 6545, 6546 MERCANTILE WAY, 1048 PIERPOINT DRIVE, 920, 940, 1000, 1020 LONG BOULEVARD, 6810 CEDAR STREET
    Lansing, Michigan 48911

    - Property Information

    eCODE 794
    County: Ingham
    Property Type: Office, Retail
    Total Building SF: ± 418,000 SF
    Available Building SF: ± 320,970 SF
    Occupancy Rate: 23%
    Sale Price: TBD By The Market
    Auction Property: Yes

    - Property Details

    Occupancy Type: Multi Tenant
    Year Built: 1980
    # Acres: 23.39
    Zoning: Ranges: F-Commercial, G-2 Office
    Parcel ID: 01-05-10-176-118, 01-05-10-176-092, 01-05-10-176-122, 01-05-10-176-062, 01-05-10-176-201, 01-05-10-304-042, 01-05-10-304-022, 01-05-10-351-003
    Parking Type: Surface
    # Spaces: 1335

    - Additional Information

    • ±418,000 SF of single and two-story professional office portfolio with significant value-add & re-development potential
    • ±23.21% occupied by longstanding tenants including the State of Michigan, United States Geological Survey, U.S. Army, and many other private and governmental organizations/agencies
    • Situated on ±23.39 acres across 10 buildings
      (8 separate parcels)
    • Varying lease terms, providing new ownership with the ability to lease-up, re-purpose, and/or re-develop the assets
    • Surrounded by major retailers including Meijer, Target, Sam’s Club, Menards, Lowe’s, and Kroger
    • Located just 6.5 miles southwest from Michigan State University, one of the largest public research universities in the U.S., with ±50,500 students
    • Positioned only 6 miles south from downtown Lansing, the area’s central business district and home to Michigan’s state government and 3 colleges

     

    - For more information, contact:

    Steven Silverman

    248.324.2000 Request a call