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Retail/Medical/Office Development Opportunity
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5950 & 5960 S State St, Ann Arbor, MI 48108

Retail, medical, and office spaces available in Inglewood Park.

Property Size12,600 SF
Days on Market1284

Property Features for 5950 & 5960 S State St

General Information

Standard status Active
Size 12,600 SF
Property subtype Retail
Lease Type NNN

Building Details

Buildings 2
Units 306
Tenancy Multi
Listing Agency: NAI Farbman Southfield
Listed By: Brandon Ben-Ezra · License #6505136668
Source: Crexi
Added: Apr 12, 2023 Changed: Oct 10 Last Checked: Oct 14 at 9:28PM

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

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Investment Insights

Based on property information with market context.

Inglewood Park represents a retail, medical, and office development phase within a Planned Unit Development (PUD). Situated within Avis Farms, the location offers a potential retail and office option for employees of nearby companies such as Federal Mogul, Tetra Tech, and Thomson Reuters. The property offers 12,600 square feet of space suitable for commercial real estate purposes.

Key Highlights

  • Located within the Avis Farms PUD development.
  • Retail/medical/office development opportunity.
  • Serves employees of nearby companies.

Property Analytics

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Current Use

Retail properties & Spaces

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.

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

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

Frequently Asked Questions

What type of property is this?
Retail property - Retail, medical, and office spaces available in Inglewood Park.
Where is this retail property located?
The property is located at 5950 & 5960 S State St Ann Arbor, MI.
What are key features of this property?
This property features: Located within the Avis Farms PUD development.; Retail/medical/office development opportunity.; Serves employees of nearby companies.
(248) 732-9220 Call to check price and availability
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