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Valley Ranch Business Park - 1168 Oak Valley Drive

Off-Market

1168 Oak Valley Drive, Ann Arbor, MI 48108

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  • Property Type Office - General Office
  • Property Size 33,600 SF
  • Lot Size 3.65 Acre
  • Parking Spaces Avail. 131
  • Parking Ratio 3.90/ 1,000 SF
  • Property Tenancy Vacant
  • Building Class C
  • Year Built 2003

Location

  • Walk Score ® Car-Dependent (46)
  • Bike Score ® Bikeable (57)
Powered by Walk Score ®
  • City Ann Arbor, MI
  • Neighborhood Bryant Pattengill West
  • Zip Code 48108
  • Market Detroit

Points of Interest

Ann Arbor

3.83 miles

Costco Gasoline

0.36 miles

Citgo

0.54 miles

Speedway

0.65 miles

BP

0.72 miles

Mobil

0.78 miles

Shell

0.98 miles

Meijer

1.01 miles

Ann Arbor Supercharger

1.05 miles

Shell

1.17 miles

Circle K

2.17 miles

SC 43

1.12 miles

U-M Lot SC34

1.17 miles

State Street Park and Ride

1.19 miles

Eisenhower Center Parking

1.99 miles

U-M Lot SC7 (Crisler Center)

2.19 miles

Glick

2.24 miles

U-M Lot SC6 (Crisler Center)

2.26 miles

Lot SC 16

2.29 miles

U-M Lot SC5 (Crisler Center)

2.33 miles

U-M Lot SC4 (Crisler Center)

2.39 miles

Towne Place Suites Marriott

0.37 miles

Hilton Garden Inn

0.40 miles

Extended Stay America

0.47 miles

EVEN Hotels

0.50 miles

Holiday Inn Express - University South

0.58 miles

Staybridge Suites

0.60 miles

Kensington Court Hotel

0.60 miles

Comfort Inn & Suites

0.76 miles

Red Roof Inn

0.79 miles

Hyatt Place

0.83 miles

Surf City Squeeze

0.51 miles

Black Rock

0.51 miles

Taco Bell

0.52 miles

Mark's Mid-Town Coney Island

0.52 miles

Subway

0.53 miles

Auntie Anne's

0.54 miles

Olga's Kitchen

0.55 miles

Cinnabon

0.56 miles

Freshii

0.59 miles

Jimmy John's

0.59 miles

Daycroft Montessori School

0.94 miles

Preschool and Family Center

1.30 miles

Central Academy

1.55 miles

Lawton Elementary School

1.63 miles

Bryant Elementary School

1.75 miles

Clonlara School

1.77 miles

Pathways Campus

1.78 miles

Pioneer High School

1.92 miles

Gretchen's House Child Care

2.00 miles

Pattengill Elementary School

2.18 miles

Kozy Heart Daycare Center

1.68 miles

Little Lamb Nursery & Kindergarten

2.20 miles

Gretchen's House

2.51 miles

Gretchen's House

2.89 miles

Towsley Chidren House

2.94 miles

Annie's Children's Center

2.99 miles

The Discovery Center

3.15 miles

Green Apple Garden Upper Playschool

3.55 miles

Explorer Child Care Learning Center

3.73 miles

Stony Creek Preschool

4.78 miles

Contacts

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Owner

  • True Owner

Brokers

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Documents

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Sales

  • Purchase Date 23 Jun, 2015
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination Date
  • Loan Maturity Date

Market Trends

Average Actual Rents in Ann Arbor

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Ann Arbor Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2020 Avg. Asking Rent $26.44
  • 2020 Office Vacancy Rate 9.25%
  • 2020 Office Completions (SF)

Ann Arbor Office Sales Trends

All sale prices are based on publicly recorded, verified sales.

  • 2020 Avg. Price per SF $155.98
  • Y-o-Y Avg. PpSF Change -23.34%
  • 2020 Office Sales Volume $42.5M
  • 2020 Number of Transactions 4
View more Ann Arbor market trends

Tax

Find more tax info, including assessment history and abatements, on CommercialEdge

Frequently Asked Questions

What is the total square footage of Valley Ranch Business Park - 1168 Oak Valley Drive?

Valley Ranch Business Park - 1168 Oak Valley Drive totals 33,600 square feet.

When was this property built?

Valley Ranch Business Park - 1168 Oak Valley Drive was built in 2003.

When was Valley Ranch Business Park - 1168 Oak Valley Drive last sold?

Valley Ranch Business Park - 1168 Oak Valley Drive was last sold on 23 Jun, 2015.

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