920 N. Fairview Avenue - 920 N Fairview Ave, Lansing, MI 48912
Property Details
The newly renovated/expanded office asset is located at 920 N Fairview Ave in Lansing, Michigan. Totaling 18,100 square feet, the building is 100% occupied by NeoPollard Interactive, a global partnership focused on the creation and management of online lottery games. The tenant is a partnership of two of the world’s leading operators in the lottery and casino industries: Pollard Banknote
(OTCMKTS: PBKOF) and NeoGames (NASDAQ: NGMS)). The asset is well located near the US-127 freeway, providing immediate access to all of the Greater Lansing area as well as other Midwest population hubs. Additionally, one of the State’s leading educational institutions, Michigan State University, is located just 1.5 miles away from the site. The subject tenant has occupied the property since 2014 and executed a seven-year extension in late 2020. Currently, the lease rate is $21.85 NNN and includes 2.00% annual rent
escalations. All operating expenses pertaining to the property are the responsibility of the tenant.
- Property TypeOffice
- Submarket
- Year Built1966Renovated 2021
- Total Building Size9,100RSF
- Total Acres0.39
- Number of Floors2
- Number of Buildings1
- Building ClassA
- ZoningCOMMERCIAL
- Last updatedOct 11, 2023
- Property ID63811