Ann Arbor Office/Retail
For Sale
$950,000
6101-6105-6113 Jackson Rd, Ann Arbor, MI 48103
6,078 SF fully leased condo near I-94 and M-14.
Property Size6,078 SF
Price / SF$156.30
Days on Market252
Property Features for 6101-6105-6113 Jackson Rd
General Information
Standard status
Active
Size
6,078 SF
Property subtype
Office
Zoning
C-2 (GENERAL HIGHWAY COMMERCIAL DISTRICT)
Listing Agency:
Swisher Commercial
Listed By:
Charlie Koenn · License #MI #6506040186
(734) 926-0230
Source:
Swishercommercial
Added: Jan 27
Changed: Sep 6
Last Checked: Oct 5 at 5:41PM
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 Swisher Commercial
Investment Insights
Based on property information with market context.
This 6,078 SF office/retail condo is located in Jackson Road Technology Park on Ann Arbor’s west side, offering visibility and accessibility. The property is situated near I-94 and M-14 and is surrounded by major national retailers, including Lowe’s, Menards, and Meijer. The condo comprises three fully leased suites, currently occupied by Edward Jones (financial services), School of Rock (education), and Norfolk Homes (real estate office). Two of the suites feature road frontage. The property is located west of Zeeb Rd.
Key Highlights
- Stable investment with immediate income from three fully leased suites.
- Excellent visibility and accessibility on Jackson Road.
- Prime location in Ann Arbor's west side, near major national retailers (Lowe’s, Menards, Meijer).
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$71,988
Cap Rate
7.58%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,439,760
$1.4M
Cap Rate 7%
$1,028,400
$1.0M
Cap Rate 9%
$799,867
$799.9K
Market Conditions
NOI Build-Up for 6,078 SF
Gross rent
$109.4K $18.00/SF
− Vacancy
−$6.6K −$1.08/SF
EGI
$102.8K $16.92/SF
− OpEx
−$30.9K −$5.08/SF
NOI
$72.0K $11.84/SF
Area
Ann Arbor, MI
Vacancy
6.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,439,760
Cap Rate 7%
$1,028,400
Cap Rate 9%
$799,867
Alternative Uses
Best Use
Retail
$1.03M
$899.9K – $1.20M
NOI $71,988 @ 7.0% cap · market cap 7.58%
Second Best
Mixed Use
$1.02M
$891.2K – $1.19M
NOI $71,295 @ 7.0% cap · market cap 7.50%
Theoretical Best
Office A
$1.34M
$1.17M – $1.57M
NOI $93,965 @ 7.0% cap · market cap 9.89%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
45
Businesses Nearby
Explore this area
Business Placement
Demographics for 48103, MI
55,605
Population
25,511
Households
2.2
Avg Household Size
40
Median Age
75%
College-Educated
97%
High-School Grad
66.5 sq mi
ZIP Area
836
Density / Sq Mi
$115,513
Median Household Income
$65,698
Median Earnings
$1,760
Median Rent
$455,100
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - 6,078 SF fully leased condo near I-94 and M-14.
Where is this office units located?
The property is located at 6101-6105-6113 Jackson Rd Ann Arbor, MI.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Stable investment with immediate income from three fully leased suites.; Excellent visibility and accessibility on Jackson Road.; Prime location in Ann Arbor's west side, near major national retailers (Lowe’s, Menards, Meijer).
