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Ann Arbor Commerce Park - 1143 Highland Drive

Off-Market

1143 Highland Drive, Ann Arbor, MI 48108

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  • Property Type Office - Flex - Office
  • Property Size 28,929 SF
  • Lot Size 3.47 Acre
  • Parking Spaces Avail. 167
  • Parking Ratio 5.80 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class C
  • Year Built 1995

Location

  • Walk Score ® Car-Dependent (29)
  • Bike Score ® Bikeable (51)
Powered by Walk Score ®
  • City Ann Arbor, MI
  • Neighborhood Carpenter
  • Zip Code 48108
  • Market Detroit

Points of Interest

Ann Arbor

4.32 miles

Circle K

2.34 miles

Ann Arbor Supercharger

2.45 miles

Clark

3.50 miles

Speedway

3.98 miles

Speedway

4.04 miles

Marathon

4.60 miles

ChargePoint

4.88 miles

RP Fuel

5.61 miles

BP

5.61 miles

Citgo

5.66 miles

U-M Lot SC7 (Crisler Center)

2.77 miles

Lot SC 16

2.88 miles

UM Lot W10

3.51 miles

WCC Parking Lot 1

3.95 miles

U-M Lot M36

3.95 miles

U of M Lot NC 28

4.72 miles

U of M Lot NC 46

4.80 miles

IHC Lot

5.21 miles

Arrowwood Parking Lot G

5.67 miles

Car Parking

5.89 miles

Hampton Inn Ann Arbor, South

1.02 miles

Extended Stay America

1.09 miles

Red Roof Inn

1.11 miles

Holiday Inn & Suites

1.16 miles

The University Inn Ann Arbor

2.24 miles

A Victory Inn & Suites

2.62 miles

Stone Chalet Bed and Breakfast Inn

2.85 miles

Library Bed and Breakfast

3.21 miles

Cadgwith Too

3.50 miles

Burnt Toast Inn

3.83 miles

Thai Spoon

0.21 miles

Subway

1.61 miles

Chipotle

2.47 miles

Tropical Smoothie Cafe

2.50 miles

Lefty's Cheesesteak

2.57 miles

Chili's

2.71 miles

Baba Dari

3.22 miles

Au Bon Pain

3.47 miles

Slurping Turtle

3.73 miles

Isalita

3.79 miles

Bryant Elementary School

0.54 miles

Pathways Campus

1.40 miles

Daycroft Montessori School

1.86 miles

Ross School of Business

3.23 miles

Washtenaw Christian Academy

3.26 miles

Washtenaw Community College

3.85 miles

Huron High School

3.88 miles

Concordia University Ann Arbor

3.90 miles

University of Michigan

4.04 miles

Ann Arbor STEAM

4.99 miles

Little Lamb Nursery & Kindergarten

1.35 miles

Annie's Children's Center

2.06 miles

Kozy Heart Daycare Center

2.18 miles

Explorer Child Care Learning Center

2.56 miles

Towsley Chidren House

3.25 miles

Gretchen's House

3.60 miles

Little Angels Daycare

3.97 miles

Green Apple Garden Upper Playschool

4.23 miles

Stony Creek Preschool

5.90 miles

Gretchen's House

6.14 miles

Contacts

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Owner

  • True Owner

Brokers

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Documents

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Sales

  • Purchase Date 03 Feb, 2016
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination Date
  • Loan Maturity Date

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.

  • 2021 Avg. Asking Rent $25.70
  • 2021 Office Vacancy Rate 14.04%
  • 2021 Office Completions (SF) 230,000

Ann Arbor Office Sales Trends

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

  • 2021 Avg. Price per SF $155.46
  • Y-o-Y Avg. PpSF Change -0.33%
  • 2021 Office Sales Volume $38.1M
  • 2021 Number of Transactions 6
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 Ann Arbor Commerce Park - 1143 Highland Drive?

Ann Arbor Commerce Park - 1143 Highland Drive totals 28,929 square feet.

When was this property built?

Ann Arbor Commerce Park - 1143 Highland Drive was built in 1995.

When was Ann Arbor Commerce Park - 1143 Highland Drive last sold?

Ann Arbor Commerce Park - 1143 Highland Drive was last sold on 03 Feb, 2016.

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