Argus Building

Off-Market

535 West William Street, Ann Arbor, MI 48103

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

  • Property Type Office - General Office
  • Property Size 66,300 SF
  • Lot Size 1.6 Acre
  • Parking Spaces Avail. 45
  • Parking Ratio 0.69 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1986

Location

Getting Around

  • Walk Score ®

    92/100 Walker's Paradise
  • Transit Score ®

    63/100 Good Transit
  • Bike Score ®

    92/100 Biker's Paradise
Powered by Walk Score ®
  • City Ann Arbor, MI
  • Neighborhood Old West Side Ann Arbor
  • Zip Code 48103
  • Market Detroit

Points of Interest

  • Ann Arbor

    0.91 miles

  • Mobil

    0.26 miles

  • Clark

    0.36 miles

  • BP

    0.52 miles

  • Speedway

    1.10 miles

  • Marathon

    1.32 miles

  • Shell

    1.39 miles

  • Circle K

    1.69 miles

  • Sunoco

    1.72 miles

  • Speedway

    1.82 miles

  • ChargePoint

    2.06 miles

  • U-M Lot W24

    0.06 miles

  • U-M Lot W-11

    0.16 miles

  • South Ashley parking lot

    0.25 miles

  • First & Huron parking lot

    0.32 miles

  • Fourth & William parking structure

    0.33 miles

  • Fourth & Washington parking structure

    0.41 miles

  • Post Office Parking

    0.41 miles

  • Ann & Ashley parking structure

    0.44 miles

  • UM Lot W10

    0.46 miles

  • South Fifth Ave parking lot

    0.47 miles

  • Burnt Toast Inn

    0.06 miles

  • Cadgwith Too

    0.35 miles

  • Residence Inn Ann Arbor Downtown

    0.39 miles

  • Graduate Ann Arbor

    0.70 miles

  • Bell Tower Hotel

    0.73 miles

  • Library Bed and Breakfast

    0.75 miles

  • Ann Arbor Bed and Breakfast

    0.90 miles

  • Stone Chalet Bed and Breakfast Inn

    1.74 miles

  • Wyndham Garden Ann Arbor

    1.82 miles

  • Hampton Inn & Suites

    1.88 miles

  • The Little Store

    0.25 miles

  • Krazy Jim's Blimpy Burger

    0.25 miles

  • Kosmo's

    0.25 miles

  • Chow

    0.25 miles

  • Fleetwood Diner

    0.25 miles

  • Marnee Thai

    0.27 miles

  • KouZina

    0.28 miles

  • Prickly Pear Southwest Cafe

    0.28 miles

  • Gratzi

    0.29 miles

  • The West End Grill

    0.29 miles

  • Bach Elementary School

    0.08 miles

  • Slauson Middle School

    0.39 miles

  • Community High School

    0.66 miles

  • Eberwhite Elementary School

    0.67 miles

  • Mack School

    0.75 miles

  • Saint Thomas School

    0.88 miles

  • Ross School of Business

    0.95 miles

  • Pioneer High School

    1.20 miles

  • Angell School

    1.36 miles

  • Haisley Elementary School

    1.43 miles

  • Green Apple Garden Upper Playschool

    0.45 miles

  • Gretchen's House

    0.49 miles

  • Towsley Chidren House

    1.09 miles

  • Gretchen's House

    1.14 miles

  • The Discovery Center

    1.34 miles

  • Stony Creek Preschool

    2.46 miles

  • Gretchen's House

    2.88 miles

  • Little Lamb Nursery & Kindergarten

    3.24 miles

  • Annie's Children's Center

    3.55 miles

  • Little Folk's Corner

    3.97 miles

Contacts

Find property contacts with verified and updated contact information on CommercialEdge: owners, building management, representatives from permits and tenants.

Owner

  • True Owner
  • Registered 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 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.

  • 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

Frequently Asked Questions

What is the total square footage of Argus Building?

Argus Building totals 66,300 square feet.

When was this property built?

Argus Building was built in 1986.

What is the market value for Argus Building?

The market value* for Argus Building in 2022 was $6,644,600.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

Tax

  • Base Tax $218,331
  • Current Tax $74,254
  • Market Value* $6,644,600
  • Assessed Value $6,644,600

Find more tax info, including assessment history and abatements, on CommercialEdge.

*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.

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