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2000 Traverwood Drive

Off-Market

2000 Traverwood Drive, Ann Arbor, MI 48105

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Office - General Office
  • Property Size 71,092 SF
  • Lot Size 5.8 Acre
  • Parking Spaces Avail. 277
  • Parking Ratio 3.90 / 1,000 SF
  • Property Tenancy Single Tenant
  • Building Class C
  • Year Built 1998

Location

  • Walk Score ® Somewhat Walkable (66)
  • Transit Score ® Some Transit (49)
  • Bike Score ® Very Bikeable (82)
Powered by Walk Score ®
  • City Ann Arbor, MI
  • Neighborhood Dhu Varren
  • Zip Code 48105
  • Market Detroit

Points of Interest

Ann Arbor

1.91 miles

BP

1.09 miles

Clark

2.77 miles

Shell

3.84 miles

Marathon

4.54 miles

ChargePoint

4.65 miles

Ann Arbor Supercharger

5.13 miles

Circle K

6.35 miles

Speedway

6.70 miles

Circle K

6.81 miles

BP

7.94 miles

U of M Lot NC 23

0.73 miles

U of M Lot NC 56

0.76 miles

Green Road Park & Ride Lot

0.98 miles

Bentley Historical Library Visitor Parking

0.99 miles

U-M P4 M22 Simpson Circle Parking Structure

1.72 miles

U-M Lot M36

1.81 miles

U-M Lot M45

1.85 miles

U-M Lot SC14

2.94 miles

Trailhead Parking

5.61 miles

Ford Lot

5.98 miles

Holiday Inn

1.15 miles

Ann Arbor Bed and Breakfast

1.99 miles

Bell Tower Hotel

2.20 miles

Stone Chalet Bed and Breakfast Inn

2.49 miles

Library Bed and Breakfast

2.69 miles

Burnt Toast Inn

2.74 miles

Cadgwith Too

3.02 miles

The University Inn Ann Arbor

3.12 miles

A Victory Inn & Suites

3.65 miles

Extended Stay America

4.43 miles

Wendy's

0.60 miles

Wild Poke

2.21 miles

Ahmo's

2.46 miles

Grizzly Peak Brewing Company

2.48 miles

Casa Dominicks

2.50 miles

The West End Grill

2.51 miles

Sushi Town

2.73 miles

Little Caesars

3.87 miles

Little Caesars

4.14 miles

Haifa Falafel

4.19 miles

University of Michigan

1.28 miles

Ross School of Business

2.47 miles

Concordia University Ann Arbor

2.55 miles

Bach Elementary School

2.88 miles

Saint Francis of Assisi School

3.04 miles

Skyline High School

3.41 miles

Washtenaw Community College

3.77 miles

Preschool and Family Center

4.03 miles

Dicken Elementary School

4.34 miles

High Point

5.18 miles

Gretchen's House

1.29 miles

Towsley Chidren House

2.35 miles

Green Apple Garden Upper Playschool

2.50 miles

Annie's Children's Center

3.85 miles

Gretchen's House

3.93 miles

Little Lamb Nursery & Kindergarten

4.12 miles

Stony Creek Preschool

4.46 miles

Little Folk's Corner

5.81 miles

Annie's Children's Center

6.46 miles

Kozy Heart Daycare Center

6.94 miles

Contacts

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Owner

  • True Owner
  • Registered Owner

Tenants

Suite Name Tenant Leased
Space
Rent Price Lease
Type
Space
Type
Lease Term
370 17th Street #5500 MERRILL, (303) 446-5500 23,824 SF $23/SF/YR Modified
Gross
General
Office
11/01/2014-
N/A
370 17th Street
#6000
Morrison & Foerster,
(303) 592-1500
10,710 SF $26/SF/YR Full
Service
General
Office
08/01/2013-
07/31/2023
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Documents

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Sales

  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • 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

  • Base Tax $496,326
  • Current Tax $391,344
  • Market Value* $14,429,200
  • Assessed Value $14,429,200

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

*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.

Frequently Asked Questions

What is the total square footage of 2000 Traverwood Drive?

2000 Traverwood Drive totals 71,092 square feet.

When was this property built?

2000 Traverwood Drive was built in 1998.

What is the market value for 2000 Traverwood Drive?

The market value* for 2000 Traverwood Drive in 2022 was $14,429,200.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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