Ann Arbor Business Park - 5400 South State Road

Off-Market

5400 South State Road, Ann Arbor, MI 48108

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Industrial - Warehouse/Distribution
  • Property Size 263,326 SF
  • Lot Size 34.79 Acre
  • Parking Spaces Avail. 342
  • Parking Ratio 1.30 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1958

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 08 Apr, 2013
  • 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.

  • 2022 Avg. Asking Rent $25.02
  • 2022 Office Vacancy Rate 22.34%
  • 2022 Office Completions (SF)
View more Ann Arbor market trends

Location

Getting Around

  • Walk Score ®

    12/100 Car-Dependent
  • Bike Score ®

    30/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Ann Arbor, MI
  • Neighborhood Ann Arbor Municipal Airport
  • Zip Code 48108
  • Market Detroit

Points of Interest

  • Ann Arbor

    5.41 miles

  • Speedway

    1.34 miles

  • Costco Gasoline

    1.54 miles

  • Sunoco

    1.66 miles

  • Citgo

    1.73 miles

  • BP

    2.10 miles

  • Mobil

    2.11 miles

  • Citgo

    2.37 miles

  • Shell

    2.40 miles

  • Valero

    2.41 miles

  • Meijer

    2.67 miles

  • Pittsfield Preserve Nature Area Trailhead

    1.32 miles

  • SC 43

    1.82 miles

  • U-M Lot SC34

    2.65 miles

  • Eisenhower Center Parking

    2.67 miles

  • State Street Park and Ride

    2.69 miles

  • Overflow Parking

    3.51 miles

  • U-M Lot SC7 (Crisler Center)

    3.77 miles

  • Glick

    3.78 miles

  • U-M Lot SC6 (Crisler Center)

    3.85 miles

  • Lot SC 16

    3.88 miles

  • Jimmy John's

    1.42 miles

  • Taco Bell

    1.48 miles

  • Thai Spoon

    1.54 miles

  • Black Rock

    1.59 miles

  • Ahmo's Gyros & Grill

    1.59 miles

  • Mark's Mid-Town Coney Island

    1.66 miles

  • Subway

    1.74 miles

  • Mi Zarape

    1.76 miles

  • Burger King

    1.92 miles

  • Graham's Restaurant

    2.03 miles

  • Walmart Supercenter

    1.45 miles

  • Mediterranean Market

    1.60 miles

  • Von Maur

    2.11 miles

  • Sears

    2.12 miles

  • Briarwood Mall

    2.18 miles

  • JCPenney

    2.25 miles

  • Macy's

    2.26 miles

  • Hyundai Asian Market

    2.39 miles

  • Kohl's

    2.45 miles

  • Meijer

    2.58 miles

  • Pittsfield Township Public Safety Fire Station No 3

    1.34 miles

  • Pittsfield Charter Township Police Department

    1.87 miles

  • Pittsfield Charter Township Fire Department

    1.89 miles

  • Building 3

    2.32 miles

  • Building 1

    2.32 miles

  • Building 2

    2.33 miles

  • Building 4

    2.36 miles

  • Building 5

    2.36 miles

  • Building 9

    2.41 miles

  • Building 10

    2.42 miles

Frequently Asked Questions

What is the total square footage of Ann Arbor Business Park - 5400 South State Road?

Ann Arbor Business Park - 5400 South State Road totals 263,326 square feet.

When was Ann Arbor Business Park - 5400 South State Road last sold?

Ann Arbor Business Park - 5400 South State Road was last sold on 08 Apr, 2013.

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