Atria Park Business Center

Off-Market

2008 Hogback Road, Ann Arbor, MI 48105

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 156,286 SF
  • Lot Size 14.29 Acre
  • Parking Spaces Avail. 473
  • Parking Ratio 3.03 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1973

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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Brokers

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Documents

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Sales

  • Purchase Date 17 Sep, 2013
  • 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

Location

Getting Around

  • Walk Score ®

    35/100 Car-Dependent
  • Bike Score ®

    51/100 Bikeable
Powered by Walk Score ®
  • City Ann Arbor, MI
  • Neighborhood Montibeller Park
  • Zip Code 48105
  • Market Detroit

Points of Interest

  • Ann Arbor

    3.75 miles

  • Mobil

    0.24 miles

  • Shell

    0.28 miles

  • Marathon

    0.31 miles

  • Shell

    0.70 miles

  • Speedway

    0.84 miles

  • BP

    0.86 miles

  • Kroger

    1.05 miles

  • BP

    1.19 miles

  • Marathon

    1.20 miles

  • Exxon

    1.23 miles

  • Staff Parking

    0.23 miles

  • WCC Parking Lot 7

    0.82 miles

  • WCC Parking Lot 6

    0.83 miles

  • WCC Parking Lot 5

    0.85 miles

  • WCC Parking Lot 4

    1.00 miles

  • Parking for Gallup Park visitors

    1.06 miles

  • WCC Parking Lot 3

    1.13 miles

  • WCC Health and Fitness Centre parking lot

    1.14 miles

  • WCC Parking Lot 1

    1.14 miles

  • WCC Parking Lot 2

    1.19 miles

  • A Victory Inn & Suites

    0.30 miles

  • The University Inn Ann Arbor

    1.50 miles

  • Stone Chalet Bed and Breakfast Inn

    2.17 miles

  • Extended Stay America

    2.76 miles

  • Fairfield Inn Marriott

    2.79 miles

  • Holiday Inn & Suites

    2.83 miles

  • Courtyard Marriott

    2.87 miles

  • Hampton Inn Ann Arbor, South

    2.91 miles

  • Sheraton Ann Arbor Hotel

    2.95 miles

  • Hyatt Place

    3.04 miles

  • Yotsuba Japanese Restaurant and Bar

    0.17 miles

  • Potbelly

    0.19 miles

  • Chili's

    0.23 miles

  • Five Guys

    0.28 miles

  • Noodles & Company

    0.28 miles

  • Palm Palace

    0.28 miles

  • KFC

    0.30 miles

  • Siam Square

    0.30 miles

  • Olga's Kitchen

    0.34 miles

  • Bob Evans

    0.35 miles

  • Holy Ghost Mission Seminary

    0.35 miles

  • Pittsfield Elementary School

    0.69 miles

  • Carpenter Elementary School

    0.71 miles

  • Summers-Knoll School

    0.87 miles

  • Foundations Preschool

    0.91 miles

  • Washtenaw Community College

    1.00 miles

  • Concordia University Ann Arbor

    1.21 miles

  • Allen Elementary School

    1.45 miles

  • Scarlett and Mitchell Schools

    1.53 miles

  • Saint Paul Lutheran School

    1.53 miles

  • Annie's Children's Center

    0.87 miles

  • Explorer Child Care Learning Center

    0.88 miles

  • Little Lamb Nursery & Kindergarten

    1.65 miles

  • Towsley Chidren House

    2.83 miles

  • Little Angels Daycare

    2.88 miles

  • Green Apple Garden Upper Playschool

    4.06 miles

  • Gretchen's House

    4.20 miles

  • Gretchen's House

    4.50 miles

  • Gretchen's House

    4.76 miles

  • The Discovery Center

    5.06 miles

Frequently Asked Questions

What is the total square footage of Atria Park Business Center?

Atria Park Business Center totals 156,286 square feet.

When was this property built?

Atria Park Business Center was built in 1973.

When was Atria Park Business Center last sold?

Atria Park Business Center was last sold on 17 Sep, 2013.

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