4840 South State Road

Off-Market

4840 South State Road, Ann Arbor, MI 48108

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

  • Property Type Office - R&D - Office
  • Property Size 54,607 SF
  • Lot Size 14.17 Acre
  • Parking Spaces Avail. 163
  • Parking Ratio 3.00 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 2007

Contacts

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Owner

  • True 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 11 Jan, 2013
  • 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.

  • 2022 Avg. Asking Rent $25.02
  • 2022 Office Vacancy Rate 22.34%
  • 2022 Office Completions (SF)
View more Ann Arbor market trends

Location

Getting Around

  • Walk Score ®

    19/100 Car-Dependent
  • Bike Score ®

    30/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Ann Arbor, MI
  • Neighborhood Ann Arbor Municipal Airport
  • Zip Code 48108
  • Market Detroit

Points of Interest

  • Ann Arbor

    4.94 miles

  • Speedway

    0.87 miles

  • Costco Gasoline

    1.09 miles

  • Citgo

    1.27 miles

  • BP

    1.63 miles

  • Mobil

    1.64 miles

  • Shell

    1.93 miles

  • Citgo

    2.12 miles

  • Sunoco

    2.14 miles

  • Meijer

    2.29 miles

  • Ann Arbor Supercharger

    2.31 miles

  • Pittsfield Preserve Nature Area Trailhead

    1.37 miles

  • SC 43

    1.37 miles

  • U-M Lot SC34

    2.18 miles

  • State Street Park and Ride

    2.22 miles

  • Eisenhower Center Parking

    2.25 miles

  • Overflow Parking

    3.27 miles

  • U-M Lot SC7 (Crisler Center)

    3.30 miles

  • Glick

    3.31 miles

  • U-M Lot SC6 (Crisler Center)

    3.38 miles

  • Lot SC 16

    3.41 miles

  • Staybridge Suites

    1.00 miles

  • Holiday Inn Express - University South

    1.13 miles

  • EVEN Hotels

    1.50 miles

  • Kensington Court Hotel

    1.55 miles

  • Red Roof Inn

    1.56 miles

  • Comfort Inn & Suites

    1.56 miles

  • Hampton Inn Ann Arbor, South

    1.57 miles

  • Towne Place Suites Marriott

    1.63 miles

  • Fairfield Inn Marriott

    1.66 miles

  • Courtyard Marriott

    1.67 miles

  • Jimmy John's

    0.95 miles

  • Taco Bell

    1.01 miles

  • Black Rock

    1.12 miles

  • Thai Spoon

    1.19 miles

  • Mark's Mid-Town Coney Island

    1.19 miles

  • Ahmo's Gyros & Grill

    1.23 miles

  • Subway

    1.28 miles

  • Graham's Restaurant

    1.56 miles

  • Burger King

    1.63 miles

  • Los Amigos

    1.64 miles

  • Bryant Elementary School

    1.53 miles

  • Multicultural Academy

    1.91 miles

  • Preschool and Family Center

    2.15 miles

  • Daycroft Montessori School

    2.15 miles

  • Pathways Campus

    2.25 miles

  • Central Academy

    2.34 miles

  • Washtenaw Christian Academy

    2.41 miles

  • Scarlett and Mitchell Schools

    2.60 miles

  • Clonlara School

    2.61 miles

  • Allen Elementary School

    2.73 miles

  • Kozy Heart Daycare Center

    1.23 miles

  • Little Lamb Nursery & Kindergarten

    2.33 miles

  • Annie's Children's Center

    3.05 miles

  • Explorer Child Care Learning Center

    3.52 miles

  • Gretchen's House

    3.82 miles

  • Towsley Chidren House

    3.93 miles

  • Gretchen's House

    4.15 miles

  • The Discovery Center

    4.46 miles

  • Little Angels Daycare

    4.70 miles

  • Green Apple Garden Upper Playschool

    4.74 miles

Frequently Asked Questions

What is the total square footage of 4840 South State Road?

4840 South State Road totals 54,607 square feet.

When was this property built?

4840 South State Road was built in 2007.

When was 4840 South State Road last sold?

4840 South State Road was last sold on 11 Jan, 2013.

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