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Lower-Level Office Suite with Offices
For Lease
$12 SF/Yr

2520 Packard Rd #4, Ypsilanti, MI 48197

Well-laid-out lower-level suite with two private offices, a meeting room, and utilities paid by the tenant.

Space SizeContact for details
Days on Market82

Property Features for 2520 Packard Rd #4

General Information

Standard status Active
Property subtype Commercial

Building Details

Year Built 1978
Units 6
Listing Agency: Real Estate One Inc
Listed By: Tyler Weston
Source: Elliman
Added: Jun 3 Changed: Aug 8 Last Checked: Aug 22 at 10:32AM

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 Real Estate One Inc

Investment Insights

Based on property information with market context.

This lower-level office suite is designed for day-to-day operations, featuring two private offices, a spacious meeting room, a break room, and two restrooms. The layout supports both client-facing meetings and internal workspaces, with a functional plan appropriate for professional service use.

The suite is located on Packard Road, and the property offers plenty of parking. Public remarks also note signage opportunities at the location, and the tenant is responsible for paying separate utilities.

The space should work well for a business that needs separate private offices plus a dedicated meeting room, while benefiting from an on-site parking arrangement and access to signage. Lease terms are listed as a 2-year minimum, and utilities are paid separately by the tenant.

Key Highlights

  • Lower‑level commercial suite with two private offices, spacious meeting room, break room, and two restrooms
  • 2‑year minimum lease term
  • Tenant pays separate utilities

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Real Estate Agency Kitchen & Bath Showroom Building Supply HVAC Service Parking Lot & Garage Electrical Service

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

NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

614
Businesses Nearby

Demographics for 48197, MI

67,895
Population
28,649
Households
2.4
Avg Household Size
33
Median Age
47%
College-Educated
94%
High-School Grad
41.2 sq mi
ZIP Area
1,648
Density / Sq Mi
$70,913
Median Household Income
$39,314
Median Earnings
$1,203
Median Rent
$274,100
Median Home Value

Market

Lease Benchmarks for Ypsilanti, MI

$19.33 /SF/Yr
Avg Asking Price
$12–$32 /SF/Yr
Price Range
3,058 SF
Avg Space Size

This space is priced 38% below the average of $19.33 /SF/Yr.

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
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Well-laid-out lower-level suite with two private offices, a meeting room, and utilities paid by the tenant.
Where is this office units located?
The property is located at 2520 Packard Rd #4 Ypsilanti, MI.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: Lower‑level commercial suite with two private offices, spacious meeting room, break room, and two restrooms; 2‑year minimum lease term; Tenant pays separate utilities
More about this property
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