Penn Building - Professionally Managed Office Space Located Just South of I-496

1115 S Pennsylvania Ave. Lansing, MI 48912

1115 S Pennsylvania Ave., Lansing, MI, 48912
1115 S Pennsylvania Ave., Lansing, MI, 48912 1115 S Pennsylvania Ave., Lansing, MI, 48912 1115 S Pennsylvania Ave., Lansing, MI, 48912 1115 S Pennsylvania Ave., Lansing, MI, 48912 1115 S Pennsylvania Ave., Lansing, MI, 48912 1115 S Pennsylvania Ave., Lansing, MI, 48912 1115 S Pennsylvania Ave., Lansing, MI, 48912 1115 S Pennsylvania Ave., Lansing, MI, 48912 1115 S Pennsylvania Ave., Lansing, MI, 48912
FOR LEASE
Property Type:
Medical/Healthcare
Amount:
Please Call Broker for Price

Cap Rate:
0.00%
Last Verified:
Jun 25, 2025

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LEASE RATE: FIRST FLOOR $17.50 PSF/YR, + JANITORIAL. 2ND FLOOR $9.75 PSF/YR, + JANITORIAL AVAILABLE SPACE: 1st Floor Medical Office Space Suites 101 & 103: 10,316 SF 2nd Floor Office Space: Suite 200 - 1,140 SF Suite 201 - 1,738 SF Suite 202 - 3,935 SF Medical/Office Space Centrally Located on Pennsylvania Avenue The Penn Building is a 49,000 SF two-story building with flex space in the back. Suites 101 & 103 feature large formal reception area, 10 exam rooms, 4 private offices, multiple lab spaces, staff locker room, 4 separate entrances, training rooms, large break room and 7 restrooms. Up to 6,813 SF available on the second floor. Sign opportunities include large pylon and building signage along Pennsylvania Avenue. The property has +240’ of frontage on Pennsylvania Avenue and spans the lighted corner at Haco Drive and also Walsh Street, which gives access to supplemental parking to the north. The property is only 2 blocks south of I-496 with nearly 15,000 vehicles per day on Pennsylvania Avenue.

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Map of 1115 S Pennsylvania Ave., Lansing, MI, 48912

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

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  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.