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5683 Hines Drive

Off-Market

5683 Hines Drive, 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 50,000 SF
  • Lot Size 5.7 Acre
  • Parking Spaces Avail. 150
  • Parking Ratio 3.00 / 1,000 SF
  • Property Tenancy Owner Occupied
  • Building Class C
  • Year Built 2007

Location

  • Walk Score ® Car-Dependent (2)
  • Bike Score ® Somewhat Bikeable (44)
Powered by Walk Score ®
  • City Ann Arbor, MI
  • Neighborhood Carpenter
  • Zip Code 48108
  • Market Detroit

Points of Interest

Ann Arbor

5.79 miles

Valero

2.06 miles

Sunoco

2.53 miles

Ann Arbor Supercharger

3.16 miles

Shell

3.37 miles

Sunoco

3.48 miles

Marathon

3.49 miles

Shell

3.79 miles

Mobil

4.25 miles

ChargePoint

5.82 miles

Meijer

8.15 miles

U-M Lot SC35

4.50 miles

UM Lot W9

4.89 miles

Fourth & William parking structure

5.18 miles

U-M Lot M89

5.37 miles

McKenny Lot

5.99 miles

611 W. Cross Lot

6.20 miles

U of M Lot NC 22

6.20 miles

NC82

6.85 miles

Arrowwood Parking Lot C

7.09 miles

Arrowwood Parking Lot A

7.10 miles

Staybridge Suites

1.88 miles

Hampton Inn Ann Arbor, South

2.41 miles

Kensington Court Hotel

2.43 miles

Fairfield Inn Marriott

2.49 miles

Towne Place Suites Marriott

2.52 miles

Sheraton Ann Arbor Hotel

2.53 miles

Holiday Inn & Suites

2.58 miles

The University Inn Ann Arbor

3.83 miles

A Victory Inn & Suites

4.06 miles

Stone Chalet Bed and Breakfast Inn

4.42 miles

Graham's Restaurant

2.44 miles

Surf City Squeeze

2.59 miles

Freshii

2.61 miles

Hutkay Fusion

3.17 miles

Momo

3.20 miles

Benito's Pizza

3.76 miles

Tropical Smoothie Cafe

4.00 miles

Potbelly

4.20 miles

concessions

4.46 miles

Get Some Burritos

4.61 miles

Saline Elementary Schools

3.07 miles

Liberty School

3.35 miles

Pleasant Ridge Elementary School

3.63 miles

Ardis School

4.70 miles

Ross School of Business

4.72 miles

ACTech High School

5.05 miles

Washtenaw Community College

5.20 miles

Honey Creek Community School

5.24 miles

Concordia University Ann Arbor

5.42 miles

University of Michigan

5.62 miles

Kozy Heart Daycare Center

1.48 miles

Little Lamb Nursery & Kindergarten

2.91 miles

Annie's Children's Center

3.54 miles

Explorer Child Care Learning Center

3.80 miles

Gretchen's House

4.71 miles

Towsley Chidren House

4.76 miles

Gretchen's House

5.04 miles

Green Apple Garden Upper Playschool

5.62 miles

Stony Creek Preschool

6.97 miles

Annie's Children's Center

7.62 miles

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 19 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
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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 (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 5683 Hines Drive?

5683 Hines Drive totals 50,000 square feet.

When was this property built?

5683 Hines Drive was built in 2007.

When was 5683 Hines Drive last sold?

5683 Hines Drive was last sold on 19 Nov, 2010.

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Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.