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670 West Textile Road

Off-Market

670 West Textile Road, Ann Arbor, MI 48108

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  • Property Type Office - General Office
  • Property Size 31,500 Sqft
  • Lot Size 5.94 Acre
  • Parking Spaces Avail. 193
  • Parking Ratio 6.13/ 1,000 SF
  • Building Class B
  • Year Built 2021

Location

  • City Ann Arbor, MI
  • Neighborhood Carpenter
  • Zip Code 48108
  • Market Detroit

Contacts

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Owner

  • True Owner

Brokers

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Documents

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Sales

  • Arm's Length
  • 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 (Sqft)

Ann Arbor Office Sales Trends

All sale prices are based on publicly recorded, verified sales.

  • 2020 Avg. Price per Sqft $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

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Frequently Asked Questions

What is the total square footage of 670 West Textile Road?

670 West Textile Road totals 31,500 square feet.

When was this property built?

670 West Textile Road was built in 2021.

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