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ProAssurance Insurance Company 2600 Professionals Dr

53,162 SF Vacant 4-Star Office Building Okemos, MI 48864 $5,000,000 ($94/SF)

Investment Highlights

  • Located in Woodlands Office Park.
  • Convenient access to banks, dining and lodging.
  • Less than 0.6 miles west of the I-96/Okemos Rd Interchange.
  • Surrounding office users include: State of Michigan, Health Management Associates, Lansing Cardiovascular Consultants, and many more.

Executive Summary

Constructed and occupied by Proassurance, this 53,162 SF two-story building features an expansive two-story atrium, an abundance of natural light throughout, numerous private offices, various-sized conference rooms, an executive boardroom and finished lower level equipped with training room, full kitchen and exercise facility with attached locker rooms. This high-quality office building is situated on 9.27 acres in a park-like setting with room for expansion, in addition to over 200 surface parking spaces. The property is positioned in an excellent location for businesses seeking connectivity to either the Detroit or Grand Rapids markets.

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Annual Annual Per SF
Taxes - -
Operating Expenses - -

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Owner User
Property Type
Office
Property Subtype
Medical
Building Size
53,162 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
1997
Price
$5,000,000
Price Per SF
$94
Percent Leased
Vacant
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
17,721 SF
Building FAR
0.13
Land Acres
9.27 AC
Zoning
B1 - General Business
Parking
200 Spaces (3.76 Spaces per 1,000 SF Leased)

Amenities

  • Atrium
  • Fitness Center
  • Signage
  • Natural Light
  • Plug & Play

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • Lower Level-Ste Lower Level
  • 14,038 SF
  • Office
  • Full Build-Out
  • Now

Beautiful two-story atrium lobby that is move-in ready, plug-and-play. Has signage at Woods Edge Drive, and has additional acreage for expansion. Potential sale-leaseback on portion of the building.

  • 1st Floor
  • 19,775 SF
  • Office
  • Full Build-Out
  • Now

Beautiful two-story atrium lobby that is move-in ready, plug-and-play. Has signage at Woods Edge Drive, and has additional acreage for expansion. Potential sale-leaseback on portion of the building.

  • 2nd Floor
  • 19,349 SF
  • Office
  • Full Build-Out
  • Now

Beautiful two-story atrium lobby that is move-in ready, plug-and-play. Has signage at Woods Edge Drive, and has additional acreage for expansion. Potential sale-leaseback on portion of the building.

Space Size Space Use Condition Available
Lower Level-Ste Lower Level 14,038 SF Office Full Build-Out Now
1st Floor 19,775 SF Office Full Build-Out Now
2nd Floor 19,349 SF Office Full Build-Out Now

Lower Level-Ste Lower Level

Size
14,038 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

1st Floor

Size
19,775 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

2nd Floor

Size
19,349 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

Lower Level-Ste Lower Level

Size 14,038 SF
Space Use Office
Condition Full Build-Out
Available Now

Beautiful two-story atrium lobby that is move-in ready, plug-and-play. Has signage at Woods Edge Drive, and has additional acreage for expansion. Potential sale-leaseback on portion of the building.

1st Floor

Size 19,775 SF
Space Use Office
Condition Full Build-Out
Available Now

Beautiful two-story atrium lobby that is move-in ready, plug-and-play. Has signage at Woods Edge Drive, and has additional acreage for expansion. Potential sale-leaseback on portion of the building.

2nd Floor

Size 19,349 SF
Space Use Office
Condition Full Build-Out
Available Now

Beautiful two-story atrium lobby that is move-in ready, plug-and-play. Has signage at Woods Edge Drive, and has additional acreage for expansion. Potential sale-leaseback on portion of the building.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
06-06-04-101-022
Land Assessment
$656,200
Improvements Assessment
$2,371,800
Total Assessment
$3,028,000
  • Listing ID: 32284791

  • Date on Market: 6/28/2024

  • Last Updated:

  • Address: 2600 Professionals Dr, Okemos, MI 48864

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