Listing Agency: JSG Realty

Listed By: Joshua Garay · License #NY 31GA1178912

Source: Crexi

Added: Apr 10 Changed: Aug 8 Last Checked: Jul 23 at 10:19AM

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Investment Insights

Based on property information with market context.

This for-sale office property is 100% leased to a national tenant and totals 82,000 SF. The offering is structured with annual rent increases of 7%.

The property is situated at 2476 Plymouth Road in Ann Arbor, MI, and includes lots of parking on 5 acres. The seller is marketing the asset with a stated cap rate of 7.0% and an annual rent figure of $21,880,000; additional details may require an NDA.

Please contact for more information on the lease structure, operating details, and underwriting materials.

Key Highlights

• 100% leased office building leased to a national tenant
• 82,000 SF office building
• Substantial on‑site parking on 5 acres

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Hair Salon Spa & Massage Center Real Estate Agency Building Supply Nail Salon Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%

Occupancy

Location Intelligence

Trade Area within ½ mile

822

Businesses Nearby

Explore this area Business Placement

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019

15.6% 2020

17.1% 2021

18.9% 2022

21% 2023

22% 2024

21.3% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Office building - 100% leased office building with substantial parking on 5 acres and annual rent increases of 7%.

Where is this office building located?

The property is located at 2476 Plymouth Road Ann Arbor, MI.

What are key features of this property?

This property features: 100% leased office building leased to a national tenant; 82,000 SF office building; Substantial on‑site parking on 5 acres