5500 South State Street

5500 South State Street, Ann Arbor, MI 48108

  • For Lease $8.75/SF/YR
  • Property Type Industrial - Warehouse/Distribution
  • Property Size 46,356 SF
  • Units 1
  • Lot Size 4.63 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Single Tenant
  • Year Built 1966
  • Year Renovated 2007
  • Date Updated May 19, 2024
  • Dock High Doors 16
  • Grade Level Doors 1
  • Office Area 9,500 SF
  • Electricity Service 2000 A / 480 V
  • Fire Sprinklers Other
  • HVAC None
Ann ArborSVN | Stewart Commercial Group is pleased to present for sale a +/- 46,356 square foot single-tenant industrial property located at 5500 S. State, Ann Arbor, MI. The property is currently 100 % occupied with a NN lease in place with tenant Adaptive Energy through 12/31/24. The current tenant has outgrown the space and will not be renewing beyond the current term. This presents a unique opportunity for an investor to enjoy steady and reliable income while a replacement tenant is secured or for a user to do the same as occupancy plans are formulated. Adaptive Energy and its predecessor companies manufacture fuel cells for industry and government use and have occupied the property since 2007. The blended cap rate over the balance of the remaining term is 8.83% The property is located in the economically diverse community of Ann Arbor, MI which is home to the world-renowned University of Michigan. The property is located on south State Street and is just two miles to I-94, the major interstate connector between Detroit and Chicago. The location is in close proximity to major national retail and the largest concentration of hotel space in the Ann Arbor market. The property benefits from its location within one of the most highly educated populations in the Midwest. Downtown Ann Arbor is approximately 5 miles away and the City of Detroit is a mere 40 miles away. The building is situated on 4.63 acres and the parking lot and drive area were replaced in October 2018. Three of Four Roof Top Units serving the warehouse portion of the building were replaced in 2022. Two of Three HVAC units serving the office area were replaced in 2021. All lighting in the warehouse was upgraded to LED in 2019. The warehouse/manufacturing area is air-conditioned and sprinkled. The building loading area features 1 grade level overhead door and 15 loading docks, all with levelers in place.SVN Stewart Commercial Group is pleaased to present for lease ±46,356 SF Single Tenant Industrial buildlng located at 5500 S. State Rd., Ann Arbor, MI. The building is situated on 4.63 acres and the parking lot and drive area were replaced in October 2018. Three of Four Roof Top Units serving the warehouse portion of the building were replaced in 2022. Two of Three HVAC units serving the office area were replaced in 2021. All lighting in the warehouse was upgraded to LED in 2019. The warehouse/manufacturing area is air-conditioned and sprinkled. The building loading area features 1 grade level overhead door and 15 loading docks, all with levelers in place. The property is located in the economically diverse community of Ann Arbor, MI which is home to the world-renowned University of Michigan. The property is located on south State Street and is just two miles to I-94, the major interstate connector between Detroit and Chicago. The location is in close proximity to major national retail and the largest concentration of hotel space in the Ann Arbor market. The property benefits from its location within one of the most highly educated populations in the Midwest. Downtown Ann Arbor is approximately 5 miles away and the City of Detroit is a mere 40 miles away.

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Highlights

  • 46,356 SF (+/-) Building (20% +/- Office Area) on 4.63 Acres in Ann Arbor, MI
  • 17 Dock Doors (1 Grade Level & 16 Loading Docks, all with levelers
  • 24' Clear Height
  • Entire Building, including shop area, has wet sprinkler protection and is 100% air conditioned
  • 2000 Amps / 480 Volts, 3-Phase Power
  • New LED Lighting throughout shop area
  • New Parking Lot & Drive Area in 2018
  • 3 of 4 Roof Top HVAC Units replaced in 2022
  • 2 of 3 HVAC Units serving the office area replaced in 2021

Spaces Available

Contacts

broker

Dan Stewart

SVN | Stewart Commercial Group

(734) 662-5097

Location

Getting Around

  • Walk Score ®

    9/100 Car-Dependent
  • Bike Score ®

    31/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Ann Arbor, MI
  • Neighborhood Ann Arbor Municipal Airport
  • Zip Code 48108
  • Market Detroit

Points of Interest

  • Sunoco

    1.56 miles

  • Costco Gasoline

    1.63 miles

  • Citgo

    1.83 miles

  • BP

    2.20 miles

  • Mobil

    2.22 miles

  • Valero

    2.50 miles

  • Shell

    2.50 miles

  • Citgo

    2.52 miles

  • Ann Arbor Supercharger

    2.72 miles

  • BP

    2.79 miles

  • Pittsfield Preserve Nature Area Trailhead

    1.43 miles

  • SC 43

    1.95 miles

  • U-M Lot SC34

    2.75 miles

  • State Street Park and Ride

    2.79 miles

  • Eisenhower Center Parking

    2.81 miles

  • Overflow Parking

    3.65 miles

  • U-M Lot SC7 (Crisler Center)

    3.87 miles

  • Glick

    3.88 miles

  • U-M Lot SC6 (Crisler Center)

    3.95 miles

  • Lot SC 16

    3.98 miles

  • Jimmy John's

    1.52 miles

  • Taco Bell

    1.57 miles

  • Mi Zarape

    1.65 miles

  • Black Rock

    1.68 miles

  • Thai Spoon

    1.69 miles

  • Ahmo's Gyros & Grill

    1.74 miles

  • Mark's Mid-Town Coney Island

    1.76 miles

  • Subway

    1.84 miles

  • Burger King

    1.99 miles

  • Graham's Restaurant

    2.13 miles

  • Walmart Supercenter

    1.35 miles

  • Mediterranean Market

    1.74 miles

  • Von Maur

    2.19 miles

  • Sears

    2.21 miles

  • Briarwood Mall

    2.26 miles

  • JCPenney

    2.33 miles

  • Macy's

    2.34 miles

  • Kohl's

    2.49 miles

  • Hyundai Asian Market

    2.54 miles

  • Meijer

    2.60 miles

  • Pittsfield Township Public Safety Fire Station No 3

    1.44 miles

  • Pittsfield Charter Township Police Department

    1.92 miles

  • Pittsfield Charter Township Fire Department

    1.94 miles

  • Building 3

    2.41 miles

  • Building 1

    2.42 miles

  • Building 2

    2.42 miles

  • Building 4

    2.45 miles

  • Building 5

    2.45 miles

  • Building 9

    2.49 miles

  • Building 10

    2.49 miles

Frequently Asked Questions

What is the cost of renting industrial/warehouse space at 5500 South State Street?

The average rental rate for industrial/warehouse space at 5500 South State Street is $8.75/SF/YR. Generally, the asking price for warehouse spaces varies based on the location of the property, with proximity to transportation hubs, access to highways or ports playing a key role in the building’s valuation. Other factors that influence cost are the property’s age, its quality rating, as well as its onsite facilities and features.

What type of industrial space is available for rent at 5500 South State Street?

The property at 5500 South State Street was completed in 1966. In total, 5500 South State Street incorporates 46,356 square feet of Warehouse/Distribution space.

The property can be leased as a Single Tenant industrial space. For more details on this listing and available space within the building, use the contact form at the top of this page to schedule a tour with a broker.

How many loading docks does 5500 South State Street have?

5500 South State Street is equipped with 17 loading docks that allow for an efficient and safe movement of goods in and out of the facility.

1 of these are grade level loading docks, ideal for the handling of large or bulky items, as they do not require the use of a ramp or dock leveler.

Is there parking available at 5500 South State Street?

Tenants, visitors and those conducting any operations within the building’s premises have access to 3 parking.

Does 5500 South State Street have climate control?

Reach out to the property representative or listing broker to find out more about climate control capabilities at this property. Climate control is typically present in industrial buildings that are suited to store items susceptible to temperature and damage from humidity, such as food, pharmaceuticals, paper, textiles, and electronics.

Looking for more in-depth information on this property?

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Contact Listing Broker

broker

Dan Stewart

SVN | Stewart Commercial Group

(734) 662-5097

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