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Ann Arbor Commerce Park - 1995 Highland Drive

Off-Market

1995 Highland Drive, Ann Arbor, MI 48108

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  • Property Type Office - Flex - Office
  • Property Size 27,960 SF
  • Lot Size 3.24 Acre
  • Parking Spaces Avail. 58
  • Parking Ratio 2.10 / 1,000 SF
  • Property Tenancy Owner Occupied
  • Building Class C
  • Year Built 2001

Location

  • Walk Score ® Car-Dependent (25)
  • Bike Score ® Somewhat Bikeable (49)
Powered by Walk Score ®
  • City Ann Arbor, MI
  • Neighborhood Carpenter
  • Zip Code 48108
  • Market Detroit

Points of Interest

Ann Arbor

4.53 miles

Kroger

2.37 miles

BP

2.54 miles

Ann Arbor Supercharger

2.63 miles

Marathon

4.82 miles

Shell

4.99 miles

ChargePoint

5.09 miles

Kroger

5.22 miles

Citgo

5.49 miles

Mobil

7.07 miles

BP

8.38 miles

Overflow Parking

2.32 miles

U-M Lot SC35

3.35 miles

U-M Lot SC9

3.55 miles

Church St. Structure

3.63 miles

WCC Parking Lot 4

3.96 miles

U-M Lot M89

4.06 miles

Fourth & Washington parking structure

4.13 miles

Lot N: Public

4.34 miles

NC86

5.26 miles

611 W. Cross Lot

5.27 miles

Extended Stay America

1.31 miles

Courtyard Marriott

1.33 miles

Red Roof Inn

1.33 miles

Comfort Inn & Suites

1.35 miles

Holiday Inn & Suites

1.38 miles

Hyatt Place

1.44 miles

EVEN Hotels

1.46 miles

A Victory Inn & Suites

2.68 miles

Stone Chalet Bed and Breakfast Inn

3.04 miles

Library Bed and Breakfast

3.43 miles

Ahmo's Gyros & Grill

0.34 miles

Surf City Squeeze

1.73 miles

Harvest Moon Cafe

2.37 miles

Panera Bread

2.45 miles

Alpha Koney Island

2.89 miles

Arby's

3.64 miles

Frank's Restaurant

3.88 miles

TK WU

3.96 miles

Palio

3.99 miles

Shalimar

4.05 miles

Clonlara School

2.14 miles

Carpenter Elementary School

2.85 miles

Lawton Elementary School

3.00 miles

Ross School of Business

3.44 miles

Washtenaw Community College

3.89 miles

Concordia University Ann Arbor

4.00 miles

University of Michigan

4.22 miles

Martin Luther King Jr. Elementary School

4.53 miles

High Point

4.65 miles

Eastern Michigan University

4.96 miles

Little Lamb Nursery & Kindergarten

1.47 miles

Annie's Children's Center

2.13 miles

Kozy Heart Daycare Center

2.18 miles

Explorer Child Care Learning Center

2.56 miles

Towsley Chidren House

3.45 miles

Gretchen's House

3.82 miles

Little Angels Daycare

3.86 miles

Gretchen's House

4.00 miles

Green Apple Garden Upper Playschool

4.45 miles

The Discovery Center

4.49 miles

Contacts

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Owner

  • True Owner

Brokers

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Documents

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Sales

  • Purchase Date 06 Jan, 2017
  • 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 - 1995 Highland Drive?

Ann Arbor Commerce Park - 1995 Highland Drive totals 27,960 square feet.

When was this property built?

Ann Arbor Commerce Park - 1995 Highland Drive was built in 2001.

When was Ann Arbor Commerce Park - 1995 Highland Drive last sold?

Ann Arbor Commerce Park - 1995 Highland Drive was last sold on 06 Jan, 2017.

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