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    880 Technology Dr Ann Arbor, MI 48108

    Sponsored
    For Lease
    $8 SF/Yr

    85,000 SF, Multi-Tenant Office/Industrial

    Lot size:
    85,883 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Ann Arbor's 880 Building offers 85,883 square feet of flexible space in a single-story building situated on 9.96 acres. Built in 1997 and renovated in 2023, this Class B property features 15'8" ceilings, 413 parking spaces, and one drive-in bay. The minimum divisible space is 8,000 square feet, with a maximum contiguous space of 25,692 square feet currently vacant. The building boasts 3,500kVA 3-phase 480/277v 4,000amps power. Located at 880 Technology Drive, Ann Arbor, MI 48108, this property enjoys a prime location in the Avis Innovation Park, minutes from the University of Michigan, downtown Ann Arbor, and I-94. The BD zoning allows for diverse uses, including office, R&D, data centers, labs, medical clinics, light manufacturing, and more. The building offers a light-filled environment with flexible floor plans and is surrounded by walking/biking trails and natural ponds. Amenities include excellent signage, robust internet speeds (100 Gbps bandwidth), and the potential for ceiling height increases. The property benefits from a strong tenant base and an active property management team. This location is in the heart of Ann Arbor's thriving research and development corridor, surrounded by leading companies in various industries.

    Property Features for 880 Technology Dr

    General Information

    Property type
    Life science properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    85,883 SF
    Class
    B
    Total Rate
    57255.33

    Building Details

    Year Built/Renovated
    1997/2023
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Suite 300
    Size
    25,692 SF
    Rate per SF
    $8

    HighLights

    • Ample parking: 413 spaces (5/1,000 SF).
    • High‑power capacity: 3,500kVA, 3‑phase, 480/277v, 4,000 amps.
    • Private suite entrances.
    • High‑speed internet: 100 Gbps bandwidth with redundant providers.
    • Convenient loading: 10' x 10' grade‑level overhead door.
    • Prominent signage opportunities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Audatex Software Company Center for Automotive Research Non-Profit Organization Creative Solutions Software Software Company Merit Network, Inc. Computer Security Service National Advanced Mobility ... Non-Profit Organization

    Suggested Use

    Realty agency Law Firm Spa & Massage Building Supply Wholesale Shop Auto Repair Shop Clothing Store Hotel & Motel Pharmacy Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ann Arbor
    County
    Washtenaw
    State
    Michigan
    Longitude
    -83.74621245
    Latitude
    42.21358061

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    FAQs

    What type of property is this?
    Life science property - 85,000 SF, Multi-Tenant Office/Industrial
    Where is this life science property located?
    The property is located at 880 Technology Dr Ann Arbor, MI.
    What is the lease rate?
    The lease rate is $8 SF/Yr.
    What are key features of this property?
    This property features: Ample parking: 413 spaces (5/1,000 SF).; High-power capacity: 3,500kVA, 3-phase, 480/277v, 4,000 amps.; Private suite entrances.
    Request Owner's contact information
    880 Technology Dr Ann Arbor, MI 48108
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    880 Technology Dr Ann Arbor, MI 48108
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