Northeast Corporate Center

Off-Market

2500 Green 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 221,747 SF
  • Lot Size 26.02 Acre
  • Parking Spaces Avail. 909
  • Parking Ratio 4.10 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1988

Contacts

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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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Brokers

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Documents

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Sales

  • Purchase Date 10 Mar, 2014
  • 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 ®

    38/100 Car-Dependent
  • Transit Score ®

    38/100 Some Transit
  • Bike Score ®

    70/100 Very Bikeable
Powered by Walk Score ®
  • City Ann Arbor, MI
  • Neighborhood Arbor Hills
  • Zip Code 48105
  • Market Detroit

Points of Interest

  • Ann Arbor

    3.19 miles

  • BP

    0.42 miles

  • Speedway

    0.97 miles

  • BP

    1.81 miles

  • Shell

    1.90 miles

  • Shell

    2.21 miles

  • BP

    3.56 miles

  • BP

    3.71 miles

  • Shell

    3.77 miles

  • Marathon

    3.81 miles

  • Mobil

    3.82 miles

  • Green Road Park & Ride Lot

    0.79 miles

  • NC82

    0.91 miles

  • NCRC Vaccine Clinic Parking

    0.95 miles

  • NC84

    1.02 miles

  • NC86

    1.03 miles

  • NC100

    1.06 miles

  • NC85

    1.07 miles

  • NC9

    1.09 miles

  • NC99

    1.11 miles

  • NC34

    1.14 miles

  • Hampton

    0.23 miles

  • Red Roof Inn Plus

    0.28 miles

  • Holiday Inn

    0.48 miles

  • Microtel Inn & Suites by Wyndham Ann Arbor

    0.52 miles

  • Residence Inn

    0.59 miles

  • Ann Arbor Bed and Breakfast

    3.19 miles

  • Graduate Ann Arbor

    3.36 miles

  • Stone Chalet Bed and Breakfast Inn

    3.39 miles

  • Bell Tower Hotel

    3.39 miles

  • Residence Inn Ann Arbor Downtown

    3.67 miles

  • Applebee's

    0.26 miles

  • Big Boy

    0.30 miles

  • Subway

    0.46 miles

  • Zamaan Cafe

    0.46 miles

  • Be Won

    0.47 miles

  • Umi Shushi

    0.49 miles

  • Carson's American Bistro

    0.54 miles

  • McDonald's

    1.09 miles

  • Zoup!

    1.14 miles

  • Jimmy John's

    1.14 miles

  • Thurston Elementary School

    0.71 miles

  • Father Gabriel Richard High School

    0.75 miles

  • Clague Middle School

    0.83 miles

  • Logan Elementary School

    1.06 miles

  • Martin Luther King Jr. Elementary School

    1.80 miles

  • Greenhills School

    1.82 miles

  • Huron High School

    2.15 miles

  • Saint Paul Lutheran School

    2.19 miles

  • University of Michigan

    2.23 miles

  • Rudolf Steiner School

    2.27 miles

  • Gretchen's House

    2.21 miles

  • Towsley Chidren House

    3.44 miles

  • Green Apple Garden Upper Playschool

    3.77 miles

  • Annie's Children's Center

    4.27 miles

  • Gretchen's House

    4.53 miles

  • Explorer Child Care Learning Center

    4.60 miles

  • Little Lamb Nursery & Kindergarten

    4.73 miles

  • Gretchen's House

    5.17 miles

  • The Discovery Center

    5.32 miles

  • Stony Creek Preschool

    5.73 miles

Frequently Asked Questions

What is the total square footage of Northeast Corporate Center?

Northeast Corporate Center totals 221,747 square feet.

When was this property built?

Northeast Corporate Center was built in 1988.

When was Northeast Corporate Center last sold?

Northeast Corporate Center was last sold on 10 Mar, 2014.

What is the market value for Northeast Corporate Center?

The market value* for Northeast Corporate Center in 2022 was $34,991,400.
*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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