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Cranbrook Village

Off-Market

800 West Eisenhower Pkwy, Ann Arbor, MI 48103

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  • Property Type Retail - Community Center
  • Property Size 103,445 SF
  • Lot Size 12.74 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1988

Location

  • Walk Score ® Somewhat Walkable (67)
  • Transit Score ® Some Transit (36)
  • Bike Score ® Very Bikeable (85)
Powered by Walk Score ®
  • City Ann Arbor, MI
  • Neighborhood Cranbrook Tower
  • Zip Code 48103
  • Market Detroit

Points of Interest

Ann Arbor

2.94 miles

Ann Arbor Supercharger

0.64 miles

Sunoco

1.69 miles

ChargePoint

2.72 miles

Citgo

2.77 miles

Marathon

3.53 miles

Shell

3.97 miles

BP

5.06 miles

Marathon

5.47 miles

Sunoco

6.18 miles

BP

7.14 miles

U-M Lot SC14

1.68 miles

U-M Lot SC37 (Revelli Hall)

1.68 miles

U-M Lot M44

2.75 miles

U-M Lot P1 M15 North Entrance Structure

2.93 miles

U-M Lot M83

3.00 miles

Pittsfield Preserve Nature Area Trailhead

3.36 miles

Arrowwood Parking Lot F

4.47 miles

NC82

4.73 miles

Lot Q: Public

5.23 miles

Pease Lot

6.91 miles

Chipotle

0.68 miles

Buddy's Restaurant & Pizzeria

0.75 miles

Little Caesars

1.85 miles

Subway

1.87 miles

Jimmy John's

1.90 miles

Pilar’s Tamales

2.19 miles

dessous

2.30 miles

Pita Kabob Grill

2.32 miles

Red Hawk Bar and Grill

2.37 miles

Bruegger's Bagels

2.39 miles

Kohl's

0.50 miles

JCPenney

0.53 miles

Busch's Fresh Food Market

0.57 miles

Macy's

0.61 miles

Briarwood Mall

0.63 miles

Von Maur

0.68 miles

Meijer

0.70 miles

Target

0.72 miles

Begreen, Inc.

1.67 miles

Target

2.43 miles

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • 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

  • Base Tax $453,165
  • Current Tax $393,675
  • Market Value* $13,174,400
  • Assessed Value $13,174,400

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.

Frequently Asked Questions

What is the total square footage of Cranbrook Village?

Cranbrook Village totals 103,445 square feet.

When was this property built?

Cranbrook Village was built in 1988.

What is the market value for Cranbrook Village?

The market value* for Cranbrook Village in 2022 was $13,174,400.
*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.

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