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2311 Green Road

Off-Market

2311 Green Road, Ann Arbor, MI 48105

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  • Property Type Office - General Office
  • Property Size 90,000 Sqft
  • Lot Size 5.14 Acre
  • Parking Spaces Avail. 206
  • Parking Ratio 2.30/ 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class C
  • Year Built 1965

Location

  • City Ann Arbor, MI
  • Neighborhood Arbor Hills
  • Zip Code 48105
  • Market Detroit

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 Date 02 Jan, 1991
  • Arm's Length
  • Buyer Name

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 (Sqft)

Ann Arbor Office Sales Trends

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

  • 2020 Avg. Price per Sqft $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

  • Property Tax in 2021 $416,260
  • Market Value $11,971,400
  • Assessed Value $11,971,400

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

Frequently Asked Questions

What is the total square footage of 2311 Green Road?

2311 Green Road totals 90,000 square feet.

When was this property built?

2311 Green Road was built in 1965.

When was 2311 Green Road last sold?

2311 Green Road was last sold on 02 Jan, 1991.

What is the property tax for 2311 Green Road?

The property tax for 2311 Green Road in 2021 was $416,260.

What is the market value for 2311 Green Road?

The market value for 2311 Green Road in 2021 was $11,971,400.

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