Ann Arbor Research Park

Industrial for Lease
Catylist Listing ID: 30180777
Property Subtypes: Flex Space, Research & Development
Contiguous Space: 14,547 - 31,508 SF
Building Size (RSF): 31,508 SF
Gross Building Area: See Agent
Gross Land Area: 2.58 Acres
Lease Rate: $15 PSF (Annual)
Base Monthly Rent: $39,385
Lease Types: NNN
Ceiling: 16 ft.
Office SF: 15,754 SF
Drive In Bays: 4 Bays
In Opportunity Zone? Yes
Building Name: Ann Arbor Research Park
Last Updated: 10/20/2021

Overview / Comments

Ideal for office/research and development facility. 31,508 sq. ft. building located on 2.58 acres with 800 amps/480 volt power. New parking lot installed in September 2018. Landlord to install new roof, new HVAC units, new fire protection system and provide generous tenant improvement allowance. 1 minute from I-94 & 5 minutes to the University of Michigan and Downtown Ann Arbor. This property is located in an Opportunity Zone, which could mean preferential tax treatment for qualified buyers. 2018 real estate taxes were $85,632, which equates to $2.72/sf.

Expand All Available Space

Available Space 31,508 SF $15 PSF (Annual) NNN
Space Available: 31,508 SF
Minimum Divisible: 14,547 SF
Lease Rate: $15 PSF (Annual)
$39,385 (Monthly)
Lease Type: NNN
Date Available: 11/17/2017
Space Type: Relet
Parking Spaces 94
Tax Expenses $2.72 PSF (Annual)
Ceiling 16 ft.
Drive In Bays 4
Office Space 15,754 SF

Additional Details

Nearest MSA: Ann Arbor
County: Washtenaw
Submarket/Township: Washtenaw W of 23
Tax ID/APN: 09-12-09-300-007
Property Located Between: E. of State Street/S. of I-94 Expressway
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Year Built: 1988
Year Renovated: 2016
Roof Type: Other
Exterior Description: Steel/Conc. (Tilt Up)
Parking Type: Surface
Total Parking Spaces: 94
Overhead Cranes: Undisclosed
Sprinklers: Other
Amps: 800
Volts: 480
Heat Type: Other
Heat Source: Other
Air Conditioning: Other
Lighting: Fluorescent

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,526 79,687 167,361
Median Age: 34.45 33.96 34.42
Households: 2,460 31,979 69,001


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