625 Avis Drive

For Sale$3,125,000

625 Avis Drive, Ann Arbor, MI 48108

  • Office

625 Avis Drive, Ann Arbor, MI 48108 - Office Space

625 Avis Drive is located at 625 Avis Drive in the Ann Arbor Municipal Airport neighborhood, MI, Ann Arbor, 48108. The Class B Office building was completed in 1988 and features a total of 48,673 Sqft.

There are 6 office spaces for lease in the Ann Arbor Municipal Airport neighborhood, totaling 170,642 Sqft of available office space. The office space availability for the 48108 zip code is 723,568.39 Sqft, in 60 office spaces. The average asking office rent per sq. ft. in Ann Arbor Municipal Airport is $14.5/sqft/year. For Class B office buildings the average office rate is $13/sqft/year, for Class C office buildings the average office rate is $17.5/sqft/year.

In Ann Arbor Municipal Airport, there are 9 class B office buildings. In 1988, the same year 625 Avis Drive was built, 16 more commercial properties (office, industrial, retail) over 50,000 square feet were built in Ann Arbor, featuring 373,837 square feet of commercial space. At zip code level, there are 42 commercial properties, of which 27 are office buildings over 50,000 square feet.

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Details

  • Price $3,125,000
  • City Ann Arbor
  • Neighborhood Ann Arbor Municipal Airport
  • Zip Code 48108
  • Property Type Office
  • Property Size 48,673 Sqft
  • Lot Size 10.87 Acre
  • Building Class B
  • Year Built 1988
  • Date Updated 18 Feb, 2021

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

FREQUENTLY ASKED QUESTIONS

What is the total square footage of 625 Avis Drive?

625 Avis Drive totals 48,673 square feet.

When was this property built?

625 Avis Drive was built in 1988.

Ann Arbor Municipal Airport Demographics

The average household income in zip code 48108 is $96,492, from a total of 11,150 households. In terms of employment, there are 86.87 % white-collar and 13.13 % blue-collar jobs in zip code 48108.

Population

  • Total Population26,753
  • Male Population(49.2 %) 13,168
  • Female Population(50.8 %) 13,585
  • Median Age36.50

Income/Financial

  • Average Household Income$96,492
  • Median Household Income$66,121
  • Median Income Under 25$25,492
  • Median Income 25-44$69,497
  • Median Income 45-64$83,719
  • Median Income Over 65$60,653

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