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2418-2420 South Industrial Hwy

Off-Market

2420 South Industrial Hwy, Ann Arbor, MI 48104

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  • Property Type Industrial - Warehouse/Distribution
  • Property Size 45,804 SF
  • Lot Size 3.28 Acre
  • Property Tenancy Multi-Tenant
  • Building Class C
  • Year Built 1968

Location

  • Walk Score ® Somewhat Walkable (55)
  • Transit Score ® Some Transit (42)
  • Bike Score ® Bikeable (67)
Powered by Walk Score ®
  • City Ann Arbor, MI
  • Neighborhood Germantown
  • Zip Code 48104
  • Market Detroit

Points of Interest

Ann Arbor

2.54 miles

Shell

0.56 miles

BP

1.81 miles

Ann Arbor Supercharger

1.82 miles

Speedway

2.75 miles

Mobil

2.76 miles

ChargePoint

3.44 miles

Sunoco

4.10 miles

Shell

4.39 miles

Marathon

6.15 miles

Sunoco

7.83 miles

U-M Lot SC34

0.41 miles

U-M Lot SC6 (Crisler Center)

1.08 miles

Hill Structure

1.43 miles

Post Office Parking

1.99 miles

NC9

3.60 miles

WCC Parking Lot 3

3.75 miles

Scio Woods Preserve

3.81 miles

Arrowwood Parking Lot J

3.88 miles

Arrowwood Parking Lot B

3.92 miles

Oakwood Lot Center

5.39 miles

BTB Burrito

1.42 miles

Rich J C

1.62 miles

Twigs

1.65 miles

Ahmo's

1.67 miles

Slurping Turtle

1.95 miles

Knight's Downtown Steakhouse

1.95 miles

Qmin

1.96 miles

Real Seafood Company

1.99 miles

Isalita

2.00 miles

Northside Grill

2.62 miles

Begreen, Inc.

0.51 miles

Macy's

0.94 miles

Briarwood Mall

1.04 miles

JCPenney

1.07 miles

Von Maur

1.11 miles

Whole Foods Market

1.27 miles

Kohl's

1.60 miles

Meijer

1.85 miles

Galleria Asian Market

1.89 miles

Target

1.91 miles

Ann Arbor Urgent Care

0.66 miles

Building 1

0.72 miles

CVS Pharmacy

0.88 miles

South Main Orthopaedics

0.92 miles

Fire Station 6

1.08 miles

Campus Police

1.08 miles

Cook Legal Research Library

1.55 miles

Pittsfield Township Public Safety Fire Station No 3

1.62 miles

City of Ann Arbor Fire Department Station 4

1.78 miles

CVS Pharmacy

1.92 miles

Contacts

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Owner

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  • Registered Owner

Brokers

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Documents

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Sales

  • Purchase Price
  • Arm's Length True
  • 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
Unlock on CommercialEdge
Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
Unlock on CommercialEdge

Asking Rents in Ann Arbor Office Market

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

  • 2021 Avg. Asking Rent $25.70
  • 2021 Office Vacancy Rate 14.04%
  • 2021 Office Completions (SF) 230,000

Ann Arbor Office Sales Trends

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

  • 2021 Avg. Price per SF $155.46
  • Y-o-Y Avg. PpSF Change -0.33%
  • 2021 Office Sales Volume $38.1M
  • 2021 Number of Transactions 6
View more Ann Arbor market trends

Tax

  • Property Tax in 2022 $53,584
  • Market Value* $1,557,800
  • Assessed Value $1,557,800

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 2418-2420 South Industrial Hwy?

2418-2420 South Industrial Hwy totals 45,804 square feet.

When was this property built?

2418-2420 South Industrial Hwy was built in 1968.

What is the property tax for 2418-2420 South Industrial Hwy?

The property tax for 2418-2420 South Industrial Hwy in 2022 was $53,584.

What is the market value for 2418-2420 South Industrial Hwy?

The market value* for 2418-2420 South Industrial Hwy in 2022 was $1,557,800.
*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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