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Retail Space in PUD Development
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5950 & 5960 S State St, Ann Arbor, MI 48108

Retail space positioned within a planned development near established employment centers.

Space Size6,300 SF
Property Size10,045 SF
Days on Market1146

Property Features for 5950 & 5960 S State St

General Information

Standard status Active
Size 6,300 SF
Class A
Property subtype Retail
Lease Type NNN

Building Details

Building Size 10,045 SF
Tenancy Multiple

Spaces For Lease

at 5950 & 5960 S State St Contact us

Space Available Building-2 $25/SF/Yr

Type
Retail
Lease Type
NNN
Availability
Active
Contact us

Available Space Building- 1 $22/SF/Yr

Size
6,300 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: NAI Farbman Southfield
Listed By: Brandon Ben-Ezra · License #6505136668
Source: Crexi
Added: Jul 13, 2023 Changed: Aug 29 Last Checked: Aug 31 at 3:51PM

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 Southfield

Investment Insights

Based on property information with market context.

The property is part of Inglewood Park, a retail-focused phase of a planned unit development. The project includes retail, medical, and office components, creating a commercial setting oriented toward everyday business and service activity.

The site is located at 5950 & 5960 S State St in Ann Arbor, Michigan. Nearby employers identified in the surrounding area include Federal Mogul, Tetra Tech, and Thomson Reuters, along with additional businesses. The development is positioned to provide a retail option for employees working at these companies.

Key Highlights

  • Retail component of the Inglewood Park planned unit development
  • Retail, medical, and office uses identified within the development
  • Located at 5950 & 5960 S State St, Ann Arbor, MI 48108

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Big Box & Wholesale Store HVAC Service Pharmacy Law Firm Spa & Massage Center Garden Center

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
$3.30 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

115
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

$21.3 /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

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?
Retail space - Retail space positioned within a planned development near established employment centers.
Where is this retail space located?
The property is located at 5950 & 5960 S State St 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 component of the Inglewood Park planned unit development; Retail, medical, and office uses identified within the development; Located at 5950 & 5960 S State St, Ann Arbor, MI 48108
(248) 353-0500 Call to check price and availability
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