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Oak Valley Center

Off-Market

2655 Oak Valley Drive, Ann Arbor, MI 48103

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

Location

  • Walk Score ® Somewhat Walkable (64)
  • Bike Score ® Very Bikeable (72)
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

Shell

0.60 miles

BP

1.58 miles

Speedway

1.93 miles

Circle K

2.35 miles

Clark

2.35 miles

ChargePoint

2.42 miles

Mobil

2.59 miles

Speedway

3.59 miles

RP Fuel

8.05 miles

U-M Lot SC7 (Crisler Center)

1.95 miles

U-M Lot SC38 (Elbel Field Locker Bldg)

2.31 miles

Maynard Parking Structure

2.81 miles

U-M Lot M36

3.28 miles

U-M Lot M28

3.30 miles

U-M Lot M55

3.42 miles

U of M Lot NC 56

4.59 miles

U of M Lot NC 53

4.79 miles

IHC Lot

7.31 miles

Sill Lot

7.73 miles

Subway

1.67 miles

concessions

1.99 miles

Don Juan Mexican Bar & Grill

1.99 miles

Tienda La Libertad

2.11 miles

Dairy Queen

2.38 miles

First Bite

2.81 miles

China Gate

2.84 miles

Knight's Downtown Steakhouse

2.85 miles

Tropical Smoothie Cafe

2.87 miles

Chipotle

2.89 miles

Target

0.02 miles

Kohl's

0.55 miles

Whole Foods Market

0.68 miles

JCPenney

1.11 miles

Briarwood Mall

1.21 miles

Von Maur

1.22 miles

Macy's

1.24 miles

Begreen, Inc.

2.40 miles

TJ Maxx

2.50 miles

Target

2.90 miles

Contacts

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Owner

  • True 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
Unlock on CommercialEdge
Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
Unlock on CommercialEdge

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

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

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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