Retail and Medical Office
For Lease
Contact for pricing
5950 S State Rd, Ann Arbor, MI 48108
New construction retail/medical/office building with utilities, power, and services in place for interior improvements.
Space Size3,745 SF
Days on Market681
Property Features for 5950 S State Rd
General Information
Standard status
Active
Size
3,745 SF
Property subtype
RETAIL
Lease Type
NNN
Spaces For Lease
at 5950 S State Rd Contact us- Floor
- 1
- Size
- 3,745 SF
- Type
- RETAIL
- Lease Type
- NNN
- Availability
- AVAILABLE, Now
- Sublease
- No
Building 1 $22 – $28/SF/Yr
- Inglewood Park is the retail/medical/office development phase of PUD development
-...
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Contact us
Listing Agency:
NAI Farbman - Corporate
(248) 351-4371
Listed By:
Ron Goldstone · License #6502102638
(248) 351-4371
Source:
Moodyscre
Added: Oct 10, 2024
Changed: Aug 14
Last Checked: Aug 21 at 9:58AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI Farbman - Corporate
Investment Insights
Based on property information with market context.
Inglewood Park offers new construction retail/medical/office development with all utilities, power, and services already in place, ready to begin interior improvements.
The site is located along S. State Rd in front of 106 single-family homes and 86 condominium units, with Phase II planned for an additional 220 units. Avis Farms is located across the street, and Textile Road has been recently improved with a direct route from Michigan Ave (M-12) to S. State Street. The property also provides access to I-94, US-23, Michigan Ave (M-12), and M-14. Major retailers in the immediate trade area include Briarwood Mall, Costco, and Wal Mart.
The site is located along S. State Rd in front of 106 single-family homes and 86 condominium units, with Phase II planned for an additional 220 units. Avis Farms is located across the street, and Textile Road has been recently improved with a direct route from Michigan Ave (M-12) to S. State Street. The property also provides access to I-94, US-23, Michigan Ave (M-12), and M-14. Major retailers in the immediate trade area include Briarwood Mall, Costco, and Wal Mart.
Key Highlights
- Retail/medical/office development phase of a PUD project at Inglewood Park
- Brand‑new construction with all utilities, power, and services already in place and ready for interior improvements
- Located in front of new 106 single‑family homes and 86 condominium units (Phase II planned for 220 units)
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.30 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
67
Businesses Nearby
Explore this area
Business Placement
Demographics for 48108, MI
26,639
Population
12,508
Households
2.1
Avg Household Size
37
Median Age
65%
College-Educated
96%
High-School Grad
16.8 sq mi
ZIP Area
1,586
Density / Sq Mi
$80,425
Median Household Income
$46,434
Median Earnings
$1,316
Median Rent
$378,300
Median Home Value
Market
Lease Benchmarks for Ann Arbor, MI
$21.3 /SF/Yr
Avg Asking Price
$1.3–$30 /SF/Yr
Price Range
6,924 SF
Avg Space Size
This space is priced 3% above the average of $21.3 /SF/Yr.
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - New construction retail/medical/office building with utilities, power, and services in place for interior improvements.
Where is this retail space located?
The property is located at 5950 S State Rd Ann Arbor, MI.
What is the lease rate?
The lease rate is $22 SF/Yr.
What are key features of this property?
This property features: Retail/medical/office development phase of a PUD project at Inglewood Park; Brand‑new construction with all utilities, power, and services already in place and ready for interior improvements; Located in front of new 106 single‑family homes and 86 condominium units (Phase II planned for 220 units)
