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Ann Arbor Office Space
For Lease
$13.95 SF/Yr

3940 Ranchero Dr, Ann Arbor, MI 48108

Modern office space in a business park with scenic views.

Space SizeContact for details
Property Size13,639 SF
Days on Market334

Property Features for 3940 Ranchero Dr

General Information

Standard status Active
Size 13,639 SF
Class B
Property subtype Office
Zoning PUD

Building Details

Building Size 13,639 SF
Year Built 2000
Listing Agency: Oxford Companies
Listed By: Karen O'Neil
Source: Cpix.resimplifi
Added: Oct 7, 2025 Changed: Sep 4 Last Checked: Sep 4 at 2:01AM

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 Oxford Companies

Investment Insights

Based on property information with market context.

This modern Ann Arbor office space is located within a business park, offering privacy and scenic views. The property provides immediate access to I-94 via Ann Arbor-Saline Road and S. State Street exits, and is located approximately eight minutes from downtown and the University of Michigan's central campus. It is also in close proximity to Ann Arbor-Saline Road retail and restaurants, including Target, Meijer, TGI Friday’s, and Texas Road House. The location offers a relaxed, rural setting with convenient access to the city, situated on a peaceful, quiet road with minimal noise and traffic. Adjacent to the luxury Valley Ranch residential complex, the property features landscaping with mature trees, grassy fields, and scenic ponds and streams between lots. The modern spaces include private suite entrances, ample parking, and monument signage at all buildings. The property is locally owned and managed with 24/7 on-call maintenance. The property size is 13639 square feet.

Key Highlights

  • Immediate access to I‑94 via Ann Arbor‑Saline Rd. & S. State St. exits
  • Close proximity to Ann Arbor‑Saline Rd. retail and restaurants
  • Modern office spaces with private suite entrances

Property Analytics

Current Use

American Income Life ... Insurance Agency Zach Hart Agency Insurance Agency sprouted sage center Crisis Center ARC Document Solutions Marketing & Advertising Dr. Suzi Naguib Physician

Suggested Use

Top Pick Law Firm Dental Office Hair Salon Restaurant HVAC Service Kitchen & Bath Showroom

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
$2.09 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

268
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

Lease Benchmarks for Ann Arbor, MI

$21.03 /SF/Yr
Avg Asking Price
$2.72–$50 /SF/Yr
Price Range
9,426 SF
Avg Space Size

This space is priced 34% below the average of $21.03 /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 - Modern office space in a business park with scenic views.
Where is this office units located?
The property is located at 3940 Ranchero Dr Ann Arbor, MI.
What is the lease rate?
The lease rate is $13.95 SF/Yr.
What are key features of this property?
This property features: Immediate access to I‑94 via Ann Arbor‑Saline Rd. & S. State St. exits; Close proximity to Ann Arbor‑Saline Rd. retail and restaurants; Modern office spaces with private suite entrances
More about this property
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