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Retail Strip Center Development
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5950 S State Rd, Ann Arbor, MI 48108

Multi-building retail development with white-box tenant delivery and utilities ready for interior improvements.

Property Size6,300 SF
Days on Market633

Property Features for 5950 S State Rd

General Information

Standard status Active
Size 6,300 SF
Property subtype RETAIL

Site & Location

Highway Access Yes
Road Access Yes
Utilities to Site Yes
Listing Agency: NAI Farbman - Corporate
Listed By: Ron Goldstone · License #6502102638
Source: Moodyscre
Added: Nov 15, 2024 Changed: Aug 8 Last Checked: Aug 9 at 11:32AM

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.

This multi-building retail development is newly constructed with utilities and services already in place and ready for interior buildout. Tenant spaces are planned to be delivered by the owner in a white-box condition, while the buildings are currently in a grey-box condition to support customized layouts for individual businesses.

The property is located directly across the street from Avis Farms, a well-established high-tech research park. The site fronts S State St in front of the Inglewood subdivision and includes a surrounding residential component with 106 single-family homes and 86 condominium units, with Inglewood Phase II planned for 220 additional units.

The site is described as having easy access to I-94, US-23, Michigan Ave, and M-14, with Textile Road recently improved and providing a direct route from Michigan Ave (M-12) to S State Street. Major retailers in the immediate trade area include Briarwood Mall, Costco, and Wal Mart.

Key Highlights

  • Brand new state‑of‑the‑art multi‑building retail development with all utilities and services already in place for interior improvements
  • Tenant spaces delivered by owner in white‑box condition; buildings currently in grey‑box condition for custom business design
  • Located on S State St directly across from Avis Farms, a high‑tech research park with strong occupancy and dense employment base

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency HVAC Service Big Box & Wholesale Store Law Firm Garden Center Hair Salon

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

Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

67
Businesses Nearby

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

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Multi-building retail development with white-box tenant delivery and utilities ready for interior improvements.
Where is this retail space located?
The property is located at 5950 S State Rd Ann Arbor, MI.
What are key features of this property?
This property features: Brand new state‑of‑the‑art multi‑building retail development with all utilities and services already in place for interior improvements; Tenant spaces delivered by owner in white‑box condition; buildings currently in grey‑box condition for custom business design; Located on S State St directly across from Avis Farms, a high‑tech research park with strong occupancy and dense employment base
(248) 351-4371 Call to check price and availability
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