Holiday Office Park

Holiday Office Park

HOLIDAY OFFICE PARK (10 BUILDINGS)
Lansing, MI

PRICE Make Offer
GLA 398,430 SF
PROPERTY TYPE Office
CAP RATE n/a
OCCUPANCY 40%
YEAR BUILT 1972-1978
DEMOGRAPHICS
Total Population
1 – mi. – 26,345
3 – mi. – 38,202
5 – mi. – 74,386
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INVESTMENT HIGHLIGHTS

  • This portfolio offers an exceptional Value Add opportunity due to the occupancy (40%), condition and location in a historically stable marketplace. The portfolio occupies two separate sites totaling approximately 30.60 acres bisected by Interstate 96.
  • A significant portion leased to various organizations of the State of Michigan.
  • The first site, the North Complex , measures approximately 281,985 SF among five (5) buildings. The North Complex buildings contain the addresses 6500, 6520, 6545, 6546 Mercantile Way and 1048 Pierpont Drive. This portion of the portfolio is located on the east side of Pennsylvania Avenue just north of I-96. The second site, the South Complex , measures approximately 121,336 square feet also among five (5) buildings. The South Complex buildings contain the addresses 920, 940, 1000, 1020 Long Blvd. and 6810 Cedar Street.
  • Located in the south corridor submarket of Lansing within Ingham County, the portfolio is situated along one of Metropolitan Lansing’ s office and retail corridors. With easy freeway access and excellent visibility from Interstate 96, the portfolio is located just a short distance from downtown Lansing and Capital City Airport, as well as the main campus of Michigan State University in East Lansing.

City:LANSING
State:MI
Square Feet:398,430 SF
Price:Make Offer
Cap Rate:n/a

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