Office
Woodlake Park Office Portfolio
2501 Jolly Rd, Okemos, MI 48864
Listing Price: $5,045,000
Investment Overview
Marcus & Millichap is pleased to exclusively offer The Woodlake Portfolio; a rare opportunity to acquire a three-building portfolio in the highly desirable Okemos submarket of Greater Lansing, Michigan. Strategically located along Jolly Road with excellent visibility and convenient access to I-96, US-127, and the major East Lansing/Okemos retail corridor, the properties offer stable tenancy, strong demographics, and long-term growth potential. With proximity to Michigan State University, downtown Lansing, and the region’s leading healthcare and technology employers, this portfolio is well-positioned to deliver reliable cash flow and value appreciation.
These buildings collectively provide an attractive mix of office and flex space, appealing to a wide range of professional, medical, and service-oriented tenants. The Okemos market benefits from one of the highest household incomes in the Lansing MSA, strong population density, and consistent demand from both regional and national tenants. This portfolio provides investors the ability to acquire immediate in-place income and long-term tenancy.
A key anchor within the portfolio is Memorial Healthcare’s nationally recognized Neuroscience Center, which has demonstrated its long-term commitment to the location by completing three major buildouts and renovations within the building. Their investment in these facilities underscores both the quality of the asset and the strategic value of this corridor for attracting and retaining top-tier healthcare providers. With a mix of professional office, medical, and flex tenants, this portfolio delivers immediate cash flow with further upside through lease-up and continued rent growth in one of Lansing’s most supply-constrained and demographically strong markets.
Investment Highlights
- Three-Building Offering Totaling Approximately 43,700 Square Feet Along Jolly Road in Okemos, Michigan | Premier Tenancy
- Home to Memorial Healthcare's Neuroscience Center, a Leading Regional Medical Provider that has Invested in Three custom Buildouts/Renovations, Re?ecting Deep Commitment and Stability.
- Prime Location - Easy Access to I-96, US-127, and Grand River Avenue; Minutes from Michigan State University and Downtown East Lansing.
- Strong Demographics - Okemos Ranks Among the Lansing Area's Wealthiest Communities with High Household Incomes, Educated Workforce, and Robust Housing.
- Regional Growth Drivers - Supported by MSU, Sparrow Health, Jackson National Life, and a Growing Healthcare and Technology Employment Base.
- Long-Term Stability – Established Submarket with Limited New Construction and Consistently Strong Absorption Rates.
Exclusively Listed By
Listing Price: $5,045,000
Investment Highlights
- Three-Building Offering Totaling Approximately 43,700 Square Feet Along Jolly Road in Okemos, Michigan | Premier Tenancy
- Home to Memorial Healthcare's Neuroscience Center, a Leading Regional Medical Provider that has Invested in Three custom Buildouts/Renovations, Re?ecting Deep Commitment and Stability.
- Prime Location - Easy Access to I-96, US-127, and Grand River Avenue; Minutes from Michigan State University and Downtown East Lansing.
- Strong Demographics - Okemos Ranks Among the Lansing Area's Wealthiest Communities with High Household Incomes, Educated Workforce, and Robust Housing.
- Regional Growth Drivers - Supported by MSU, Sparrow Health, Jackson National Life, and a Growing Healthcare and Technology Employment Base.
- Long-Term Stability – Established Submarket with Limited New Construction and Consistently Strong Absorption Rates.
Investment Overview
Marcus & Millichap is pleased to exclusively offer The Woodlake Portfolio; a rare opportunity to acquire a three-building portfolio in the highly desirable Okemos submarket of Greater Lansing, Michigan. Strategically located along Jolly Road with excellent visibility and convenient access to I-96, US-127, and the major East Lansing/Okemos retail corridor, the properties offer stable tenancy, strong demographics, and long-term growth potential. With proximity to Michigan State University, downtown Lansing, and the region’s leading healthcare and technology employers, this portfolio is well-positioned to deliver reliable cash flow and value appreciation. These buildings collectively provide an attractive mix of office and flex space, appealing to a wide range of professional, medical, and service-oriented tenants. The Okemos market benefits from one of the highest household incomes in the Lansing MSA, strong population density, and consistent demand from both regional and national tenants. This portfolio provides investors the ability to acquire immediate in-place income and long-term tenancy. A key anchor within the portfolio is Memorial Healthcare’s nationally recognized Neuroscience Center, which has demonstrated its long-term commitment to the location by completing three major buildouts and renovations within the building. Their investment in these facilities underscores both the quality of the asset and the strategic value of this corridor for attracting and retaining top-tier healthcare providers. With a mix of professional office, medical, and flex tenants, this portfolio delivers immediate cash flow with further upside through lease-up and continued rent growth in one of Lansing’s most supply-constrained and demographically strong markets.
Exclusively Listed By