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Ann Arbor Flex Facility
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5210 S State St, Ann Arbor, MI 48108

Flex facility with high-end finishes, near University of Michigan.

Space Size8,471 SF - 29,740 SF
Property Size60,079 SF
Days on Market938

Property Features for 5210 S State St

General Information

Standard status Active
Size 8,471 SF - 29,740 SF
Total Parking Spaces 60
Property subtype Industrial

Building Details

Building Size 60,079 SF
Tenancy Multiple

Spaces For Lease

at 5210 S State St Contact us

Suite 105 - Ground Level

Size
8,471 SF
Type
Industrial
Availability
Active
Contact us

Suite 125 - Main Level

Size
29,740 SF
Type
Industrial
Availability
Active
Contact us
Listing Agency: Eyde Company
Listed By: Jim Rundell · License #6502329919
Source: Crexi
Added: Jan 27, 2024 Changed: Aug 8 Last Checked: Aug 21 at 1:37PM

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 Eyde Company

Investment Insights

Based on property information with market context.

This flex facility, situated five miles south of Ann Arbor, offers fully built-out space. Located within State Street Executive Park, tenants benefit from suites featuring high-end finishes. The award-winning interior, designed by Hobbs + Black Architects, enhances the workspace. A 60-space parking lot and a secure key fob entrance are among the property's features. The location provides convenient access to I-94 and Route 12 and is a short distance from the University of Michigan. The property is located within a park-like setting.

Key Highlights

  • Fully built‑out space ready for immediate occupancy.
  • Located five miles south of Ann Arbor, near the University of Michigan.
  • 60‑space parking lot available.

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Auto Parts Store Storage Facility Pharmacy Big Box & Wholesale Store HVAC Service (Bike/Boat/Book/etc) Store

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
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

264
Businesses Nearby
Well-served
Demand for This Use

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

$12.54 /SF/Yr
Avg Asking Price
$9.5–$16 /SF/Yr
Price Range
15,856 SF
Avg Space Size

This space is priced 20% above the average of $12.54 /SF/Yr.

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Flex space - Flex facility with high-end finishes, near University of Michigan.
Where is this flex space located?
The property is located at 5210 S State St Ann Arbor, MI.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: Fully built‑out space ready for immediate occupancy.; Located five miles south of Ann Arbor, near the University of Michigan.; 60‑space parking lot available.
(517) 351-2480 Call to check price and availability
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