State Street Executive Park - 5220 South State Road

Off-Market

5220 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 - General Office
  • Property Size 60,380 SF
  • Lot Size 0.65 Acre
  • Parking Spaces Avail. 241
  • Parking Ratio 4.00 / 1,000 SF
  • Property Tenancy Single Tenant
  • Building Class B
  • Year Built 2007

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 25 Apr, 2022
  • Purchase Price
  • Arm's Length True
  • Buyer Name

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 ®

    13/100 Car-Dependent

  • Bike Score ®

    24/100 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

    5.28 miles

  • Speedway

    1.21 miles

  • Costco Gasoline

    1.40 miles

  • Citgo

    1.61 miles

  • Sunoco

    1.78 miles

  • BP

    1.97 miles

  • Mobil

    1.99 miles

  • Shell

    2.28 miles

  • Citgo

    2.38 miles

  • Meijer

    2.51 miles

  • Ann Arbor Supercharger

    2.53 miles

  • Pittsfield Preserve Nature Area Trailhead

    1.41 miles

  • SC 43

    1.73 miles

  • U-M Lot SC34

    2.52 miles

  • State Street Park and Ride

    2.57 miles

  • Eisenhower Center Parking

    2.60 miles

  • Overflow Parking

    3.52 miles

  • U-M Lot SC7 (Crisler Center)

    3.64 miles

  • Glick

    3.66 miles

  • U-M Lot SC6 (Crisler Center)

    3.72 miles

  • Lot SC 16

    3.75 miles

  • Staybridge Suites

    1.34 miles

  • Holiday Inn Express - University South

    1.47 miles

  • EVEN Hotels

    1.83 miles

  • Kensington Court Hotel

    1.88 miles

  • Comfort Inn & Suites

    1.91 miles

  • Red Roof Inn

    1.91 miles

  • Towne Place Suites Marriott

    1.93 miles

  • Hampton Inn Ann Arbor, South

    1.93 miles

  • Hilton Garden Inn

    1.97 miles

  • Hyatt Place

    2.02 miles

  • Jimmy John's

    1.30 miles

  • Taco Bell

    1.35 miles

  • Black Rock

    1.46 miles

  • Thai Spoon

    1.50 miles

  • Mark's Mid-Town Coney Island

    1.53 miles

  • Ahmo's Gyros & Grill

    1.55 miles

  • Subway

    1.62 miles

  • Mi Zarape

    1.88 miles

  • Graham's Restaurant

    1.90 miles

  • Los Amigos

    1.98 miles

  • Bryant Elementary School

    1.85 miles

  • Multicultural Academy

    1.91 miles

  • Washtenaw Christian Academy

    2.05 miles

  • Daycroft Montessori School

    2.46 miles

  • Preschool and Family Center

    2.50 miles

  • Pathways Campus

    2.62 miles

  • Central Academy

    2.70 miles

  • Scarlett and Mitchell Schools

    2.87 miles

  • Saline Middle School

    2.96 miles

  • Clonlara School

    2.97 miles

  • Kozy Heart Daycare Center

    1.05 miles

  • Little Lamb Nursery & Kindergarten

    2.67 miles

  • Annie's Children's Center

    3.37 miles

  • Explorer Child Care Learning Center

    3.79 miles

  • Gretchen's House

    4.10 miles

  • Towsley Chidren House

    4.29 miles

  • Gretchen's House

    4.46 miles

  • The Discovery Center

    4.73 miles

  • Little Angels Daycare

    4.84 miles

  • Green Apple Garden Upper Playschool

    5.07 miles

Frequently Asked Questions

What is the total square footage of State Street Executive Park - 5220 South State Road?

State Street Executive Park - 5220 South State Road totals 60,380 square feet.

When was this property built?

State Street Executive Park - 5220 South State Road was built in 2007.

When was State Street Executive Park - 5220 South State Road last sold?

State Street Executive Park - 5220 South State Road was last sold on 25 Apr, 2022.

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