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Ann Arbor Commerce Park - 1665 & 1777 Highland Drive

Off-Market

1665 Highland Drive, Ann Arbor, MI 48108

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  • Property Type Office - Flex - Office
  • Property Size 57,235 SF
  • Lot Size 8.17 Acre
  • Parking Spaces Avail. 171
  • Parking Ratio 3.00/ 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 2000

Location

  • Walk Score ® Car-Dependent (25)
  • Bike Score ® Bikeable (54)
Powered by Walk Score ®
  • City Ann Arbor, MI
  • Neighborhood Carpenter
  • Zip Code 48108
  • Market Detroit

Points of Interest

Ann Arbor

4.44 miles

Speedway

0.93 miles

Citgo

1.14 miles

Citgo

1.16 miles

Costco Gasoline

1.22 miles

Mobil

1.36 miles

BP

1.39 miles

Shell

1.60 miles

Citgo

1.63 miles

Exxon

1.68 miles

Meijer

2.13 miles

SC 43

0.78 miles

Pittsfield Preserve Nature Area Trailhead

1.11 miles

Eisenhower Center Parking

1.36 miles

U-M Lot SC34

1.83 miles

State Street Park and Ride

1.89 miles

Overflow Parking

2.27 miles

Glick

2.85 miles

U-M Lot SC7 (Crisler Center)

2.89 miles

Staff Parking

2.91 miles

U-M Lot SC6 (Crisler Center)

2.99 miles

Staybridge Suites

0.98 miles

Holiday Inn Express - University South

1.04 miles

Hampton Inn Ann Arbor, South

1.16 miles

Fairfield Inn Marriott

1.18 miles

Extended Stay America

1.22 miles

Courtyard Marriott

1.25 miles

Red Roof Inn

1.25 miles

Comfort Inn & Suites

1.28 miles

Holiday Inn & Suites

1.30 miles

Sheraton Ann Arbor Hotel

1.30 miles

Thai Spoon

0.18 miles

Ahmo's Gyros & Grill

0.24 miles

Jimmy John's

0.98 miles

Taco Bell

1.06 miles

MI Juice Garden

1.07 miles

Black Rock

1.09 miles

Mark's Mid-Town Coney Island

1.12 miles

Subway

1.17 miles

Burger King

1.31 miles

Seoul Garden

1.32 miles

Bryant Elementary School

0.54 miles

Pathways Campus

1.48 miles

Scarlett and Mitchell Schools

1.60 miles

Multicultural Academy

1.63 miles

Preschool and Family Center

1.66 miles

Central Academy

1.77 miles

Allen Elementary School

1.82 miles

Daycroft Montessori School

2.01 miles

Clonlara School

2.04 miles

Pattengill Elementary School

2.04 miles

Little Lamb Nursery & Kindergarten

1.37 miles

Annie's Children's Center

2.05 miles

Kozy Heart Daycare Center

2.24 miles

Explorer Child Care Learning Center

2.50 miles

Towsley Chidren House

3.35 miles

Gretchen's House

3.74 miles

Little Angels Daycare

3.85 miles

Gretchen's House

3.91 miles

Green Apple Garden Upper Playschool

4.35 miles

The Discovery Center

4.42 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 11 May, 2021
  • 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.

  • 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 Ann Arbor Commerce Park - 1665 & 1777 Highland Drive?

Ann Arbor Commerce Park - 1665 & 1777 Highland Drive totals 57,235 square feet.

When was this property built?

Ann Arbor Commerce Park - 1665 & 1777 Highland Drive was built in 2000.

When was Ann Arbor Commerce Park - 1665 & 1777 Highland Drive last sold?

Ann Arbor Commerce Park - 1665 & 1777 Highland Drive was last sold on 11 May, 2021.

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