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2378 Woodlake Dr Okemos, MI 48864

8,586 SF Office, High-Growth Area

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional 8,586-square-foot office building presents a compelling value-add opportunity in Okemos, Michigan. Located at 2378 Woodlake Drive, this single-building property sits on a 0.96-acre lot and offers significant potential for investors or owner-users. Constructed in 1995 and renovated in 1999, the Class B building features a modified lease type and multi-tenant occupancy, currently at 37.44%. Its prime location in the East Lansing submarket provides easy access to major interstates, Downtown Lansing, and a wealth of amenities, including hotels, convention centers, dining, shopping, and Michigan State University. The surrounding area boasts strong demographics, with numerous middle-to-upper-middle-class residential areas. The property benefits from proximity to major employers such as the State of Michigan, Michigan State University, General Motors, Lansing School District, Meijer, and Sparrow Health Systems, further enhancing its investment appeal. This location within the Lansing MSA, a growing high-tech hub, offers a unique opportunity to capitalize on a thriving market and strong tenant demand. The property's size and location make it ideal for a variety of uses, presenting a significant return on investment for the right buyer. The building's existing infrastructure provides a solid foundation for future improvements and increased profitability.

Highlights

  • 8,586 SF Class B office building in Okemos, MI.
  • Multi-tenant property with 37.44% occupancy.
  • Modified lease terms available.
  • Situated on a 0.96-acre lot.
  • Built in 1995, renovated in 1999.

Property Details for 2378 Woodlake Dr

Property type
Office properties
Square Feet
8,586 SF
Class
B
Year Built/Renovated
1995/1999
Buildings
1
Lot Size (sq. ft)
41,818 SF

Location Insight

City
Okemos
County
Ingham
State
Michigan
Latitude
42.6816448
Longitude
-84.4372364

FAQs

What type of property is this?
Office property - 8,586 SF Office, High-Growth Area
Where is the office property located?
The property is located at 2378 Woodlake Dr Okemos, MI.
What are key features of this property?
This property features: 8,586 SF Class B office building in Okemos, MI.; Multi-tenant property with 37.44% occupancy.; Modified lease terms available.
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2378 Woodlake Dr
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