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    4220 Varsity Dr Ann Arbor, MI 48108

    Sponsored
    For Lease
    $12 SF/Yr

    Modern Industrial Space, 19,272 SF

    Lot size:
    19,272 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional industrial property, located at 4220 Varsity Drive in Ann Arbor, Michigan, 48108, offers a total of 19,272 square feet of flexible and research & development-ready space currently available for lease. The building is categorized as industrial, with a flex/R&D subtype, making it ideal for a variety of businesses. The entire 19,272 square feet is currently vacant, presenting a unique opportunity for a single tenant to occupy the entire space or for multiple tenants to lease portions. Two spaces are available, ranging in size from approximately 8,137 square feet to 11,135 square feet, offering flexibility to accommodate diverse business needs. The property's prime location in Ann Arbor provides easy access to major transportation routes, ensuring convenient logistics and commuting for employees and clients. This is a multi-tenant building, allowing for a collaborative environment. The property's precise coordinates are 42.2248601 latitude and -83.7270529 longitude. This is an excellent opportunity to secure a well-located, versatile industrial space in a thriving Michigan market. Contact us today to learn more about leasing options and to schedule a viewing.

    Property Features for 4220 Varsity Dr

    General Information

    Property type
    Life science properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    19,272 SF
    Total Rate
    20075

    Unit(s) available at that property

    Space
    Suite F
    Size
    11,135 SF
    Rate per SF
    $12
    Space
    Suite C
    Size
    8,137 SF
    Rate per SF
    $12

    HighLights

    • Up to 19,272 square feet of contiguous space available.
    • Two adjacent suites totaling 19,272 SF (8,137 SF and 11,135 SF).
    • High‑quality flex space.
    • Available Q1 2025.
    • New parking lot.
    • Grade‑level loading with dock and drive‑in doors.
    Property Profile Location Intelligence

    Current Use by Public Records

    ODVA Business Development Service Fleetilla, LLC Software Company Technical Alternatives, Inc. ... Scientific Equipment Supplier

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing 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
    -83.7270529
    Latitude
    42.2248601

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    FAQs

    What type of property is this?
    Life science property - Modern Industrial Space, 19,272 SF
    Where is this life science property located?
    The property is located at 4220 Varsity Dr Ann Arbor, MI.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: Up to 19,272 square feet of contiguous space available.; Two adjacent suites totaling 19,272 SF (8,137 SF and 11,135 SF).; High-quality flex space.
    Request Owner's contact information
    4220 Varsity 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
    4220 Varsity Dr Ann Arbor, MI 48108
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