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500 Avis Drive

Off-Market

500 Avis Drive, Ann Arbor, MI 48108

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  • Property Type Office - General Office
  • Property Size 27,160 SF
  • Lot Size 3.28 Acre
  • Parking Spaces Avail. 100
  • Parking Ratio 3.70 / 1,000 SF
  • Property Tenancy Owner Occupied
  • Building Class B
  • Year Built 2001

Location

  • Walk Score ® Car-Dependent (20)
  • Bike Score ® Somewhat Bikeable (30)
Powered by Walk Score ®
  • City Ann Arbor, MI
  • Neighborhood Ann Arbor Municipal Airport
  • Zip Code 48108
  • Market Detroit

Points of Interest

Ann Arbor

5.08 miles

Costco Gasoline

1.22 miles

Mobil

1.79 miles

Shell

2.08 miles

Meijer

2.39 miles

Ann Arbor Supercharger

2.41 miles

Valero

2.51 miles

Shell

3.56 miles

BP

4.57 miles

Marathon

4.98 miles

ChargePoint

5.07 miles

SC 43

1.52 miles

U-M Lot W13

4.35 miles

Fourth & William parking structure

4.46 miles

First & Huron parking lot

4.66 miles

WCC Parking Lot 5

4.86 miles

U-M Lot M29

4.90 miles

U of M Lot NC 28

5.71 miles

Oakwood Lot Center

6.02 miles

Arrowwood Parking Lot L

6.39 miles

Arrowwood Parking Lot D

6.53 miles

Holiday Inn Express - University South

1.28 miles

Fairfield Inn Marriott

1.81 miles

The University Inn Ann Arbor

3.29 miles

A Victory Inn & Suites

3.73 miles

Stone Chalet Bed and Breakfast Inn

3.79 miles

Library Bed and Breakfast

3.95 miles

Cadgwith Too

4.10 miles

Burnt Toast Inn

4.47 miles

Bell Tower Hotel

4.49 miles

Graduate Ann Arbor

4.64 miles

Freshii

1.86 miles

Texas Roadhouse

2.48 miles

Outback Steakhouse

2.56 miles

Tmaz Taqueria

2.92 miles

Domino's

4.50 miles

Popeyes

4.62 miles

Taco Bell

4.89 miles

Panda Express

5.36 miles

Jet's Pizza

5.85 miles

Wendy's

5.89 miles

Scarlett and Mitchell Schools

2.70 miles

Summers-Knoll School

3.41 miles

Ross School of Business

4.03 miles

Washtenaw Community College

4.95 miles

University of Michigan

5.01 miles

Concordia University Ann Arbor

5.01 miles

Mack School

5.19 miles

Eastern Michigan University

5.98 miles

Abbot Elementary School

6.04 miles

Clague Middle School

6.88 miles

Kozy Heart Daycare Center

1.16 miles

Little Lamb Nursery & Kindergarten

2.46 miles

Annie's Children's Center

3.18 miles

Gretchen's House

3.94 miles

Gretchen's House

4.28 miles

The Discovery Center

4.58 miles

Little Angels Daycare

4.74 miles

Green Apple Garden Upper Playschool

4.89 miles

Stony Creek Preschool

6.21 miles

Annie's Children's Center

6.89 miles

Contacts

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Owner

  • True Owner

Brokers

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Documents

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Sales

  • Purchase Date 04 Nov, 2010
  • 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.

  • 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 500 Avis Drive?

500 Avis Drive totals 27,160 square feet.

When was this property built?

500 Avis Drive was built in 2001.

When was 500 Avis Drive last sold?

500 Avis Drive was last sold on 04 Nov, 2010.

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