3767 Ranchero Dr, Ann Arbor, MI 48108
Exceptional office building with convenient access to Ann Arbor.
- Added:
- Nov 14, 2023
- Days on Market:
- 957
- Last Refresh:
- May 19 at 10:22 pm
Property Features for 3767 Ranchero Dr
General Information
- Standard status
- Active
- Size
- 29,497 SF
- Property subtype
- Office
Building Details
- Year Built
- 2001
Listing office Oxford Companies
Listing date Nov 14, 2023
Source Crexi
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 Oxford Companies
HighLights
- Entire building available for lease, offering privacy and control.
- Excellent location minutes from downtown Ann Arbor and the University of Michigan.
- Immediate access to I‑94 for convenient commuting.
- Ample parking available.
- Private entrances for tenants.
- Serene rural setting providing a peaceful work environment.
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $516.8k | $17.52 |
| − Vacancy | −$74.9k | −$2.54 |
| EGI | $441.9k | $14.98 |
| − OpEx | −$110.5k | −$3.74 |
| NOI | $331.4k | $11.23 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Ann Arbor
- County
- Washtenaw
- State
- Michigan
- Longitude
- -83.7545287
- Latitude
- 42.2321364
