State Street Executive Park - 5210 South State Road

Off-Market

5210 South State Road, Ann Arbor, MI 48108

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

  • Property Type Office - R&D - Office
  • Property Size 60,362 SF
  • Lot Size 7.69 Acre
  • Parking Spaces Avail. 240
  • Parking Ratio 3.99 / 1,000 SF
  • Property Tenancy Single Tenant
  • Building Class B
  • Year Built 2006

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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Documents

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Sales

  • Purchase Date 22 Jun, 2017
  • 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 ®

    15/100 Car-Dependent
  • Bike Score ®

    30/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Ann Arbor, MI
  • Neighborhood Ann Arbor Municipal Airport
  • Zip Code 48108
  • Market Detroit

Points of Interest

  • Ann Arbor

    5.26 miles

  • Speedway

    1.19 miles

  • Costco Gasoline

    1.39 miles

  • Citgo

    1.58 miles

  • Sunoco

    1.81 miles

  • BP

    1.95 miles

  • Mobil

    1.97 miles

  • Shell

    2.25 miles

  • Citgo

    2.33 miles

  • Valero

    2.49 miles

  • Meijer

    2.52 miles

  • Pittsfield Preserve Nature Area Trailhead

    1.36 miles

  • SC 43

    1.69 miles

  • U-M Lot SC34

    2.50 miles

  • State Street Park and Ride

    2.54 miles

  • Eisenhower Center Parking

    2.56 miles

  • Overflow Parking

    3.47 miles

  • U-M Lot SC7 (Crisler Center)

    3.62 miles

  • Glick

    3.63 miles

  • U-M Lot SC6 (Crisler Center)

    3.70 miles

  • Lot SC 16

    3.73 miles

  • Staybridge Suites

    1.32 miles

  • Holiday Inn Express - University South

    1.45 miles

  • EVEN Hotels

    1.81 miles

  • Kensington Court Hotel

    1.86 miles

  • Comfort Inn & Suites

    1.89 miles

  • Red Roof Inn

    1.89 miles

  • Hampton Inn Ann Arbor, South

    1.90 miles

  • Towne Place Suites Marriott

    1.92 miles

  • Hilton Garden Inn

    1.96 miles

  • Fairfield Inn Marriott

    1.99 miles

  • Jimmy John's

    1.27 miles

  • Taco Bell

    1.33 miles

  • Black Rock

    1.44 miles

  • Thai Spoon

    1.45 miles

  • Ahmo's Gyros & Grill

    1.50 miles

  • Mark's Mid-Town Coney Island

    1.51 miles

  • Subway

    1.59 miles

  • Graham's Restaurant

    1.88 miles

  • Mi Zarape

    1.90 miles

  • Los Amigos

    1.96 miles

  • Bryant Elementary School

    1.81 miles

  • Multicultural Academy

    1.87 miles

  • Washtenaw Christian Academy

    2.08 miles

  • Daycroft Montessori School

    2.45 miles

  • Preschool and Family Center

    2.47 miles

  • Pathways Campus

    2.58 miles

  • Central Academy

    2.67 miles

  • Scarlett and Mitchell Schools

    2.82 miles

  • Clonlara School

    2.94 miles

  • Saline Middle School

    3.01 miles

  • Kozy Heart Daycare Center

    1.09 miles

  • Little Lamb Nursery & Kindergarten

    2.62 miles

  • Annie's Children's Center

    3.33 miles

  • Explorer Child Care Learning Center

    3.74 miles

  • Gretchen's House

    4.10 miles

  • Towsley Chidren House

    4.26 miles

  • Gretchen's House

    4.45 miles

  • The Discovery Center

    4.73 miles

  • Little Angels Daycare

    4.79 miles

  • Green Apple Garden Upper Playschool

    5.06 miles

Frequently Asked Questions

What is the total square footage of State Street Executive Park - 5210 South State Road?

State Street Executive Park - 5210 South State Road totals 60,362 square feet.

When was this property built?

State Street Executive Park - 5210 South State Road was built in 2006.

When was State Street Executive Park - 5210 South State Road last sold?

State Street Executive Park - 5210 South State Road was last sold on 22 Jun, 2017.

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