Oak Valley Center

Off-Market

2655 Oak Valley Drive, Ann Arbor, MI 48103

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

  • Property Type Retail - Neighborhood Center
  • Property Size 88,981 SF
  • Lot Size 44.86 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1990

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 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.

  • 2022 Avg. Asking Rent $25.02
  • 2022 Office Vacancy Rate 22.34%
  • 2022 Office Completions (SF)
View more Ann Arbor market trends

Location

Getting Around

  • Walk Score ®

    64/100 Somewhat Walkable
  • Bike Score ®

    72/100 Very Bikeable
Powered by Walk Score ®
  • City Ann Arbor, MI
  • Neighborhood Bryant Pattengill West
  • Zip Code 48103
  • Market Detroit

Points of Interest

  • Ann Arbor

    3.34 miles

  • Ann Arbor Supercharger

    0.26 miles

  • Meijer

    0.28 miles

  • Shell

    0.60 miles

  • BP

    1.58 miles

  • Shell

    1.60 miles

  • Costco Gasoline

    1.63 miles

  • Mobil

    1.64 miles

  • Citgo

    1.69 miles

  • Speedway

    1.87 miles

  • Speedway

    1.93 miles

  • State Street Park and Ride

    1.53 miles

  • U-M Lot SC34

    1.56 miles

  • U-M Lot SC7 (Crisler Center)

    1.95 miles

  • U-M Lot SC6 (Crisler Center)

    1.96 miles

  • U-M Lot SC5 (Crisler Center)

    1.99 miles

  • U-M Lot SC36

    1.99 miles

  • Lot SC 16

    1.99 miles

  • U-M Lot SC4 (Crisler Center)

    2.01 miles

  • U-M Lot SC35

    2.01 miles

  • U-M Lot SC2

    2.05 miles

  • Godaiko

    0.10 miles

  • Jet's Pizza

    0.11 miles

  • Arirang

    0.13 miles

  • Alpha Koney Island

    0.13 miles

  • Outback Steakhouse

    0.16 miles

  • Texas Roadhouse

    0.19 miles

  • Bob Evans

    0.20 miles

  • Buddy's Restaurant & Pizzeria

    0.22 miles

  • Pancheros

    0.22 miles

  • Five Guys

    0.24 miles

  • Target

    0.02 miles

  • Tsai Grocery

    0.10 miles

  • Meijer

    0.36 miles

  • Kohl's

    0.55 miles

  • Whole Foods Market

    0.68 miles

  • JCPenney

    1.11 miles

  • Busch's Fresh Food Market

    1.19 miles

  • Briarwood Mall

    1.21 miles

  • Von Maur

    1.22 miles

  • Macy's

    1.24 miles

Frequently Asked Questions

What is the total square footage of Oak Valley Center?

Oak Valley Center totals 88,981 square feet.

When was this property built?

Oak Valley Center was built in 1990.

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