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Property profile

278 Collingwood Dr Ann Arbor, MI 48103

OFF-MARKET
Office Spaces
2,200 SF Built 1954
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Property summary

AI-generated overview

This exceptional 2,200 square foot office space, located at 278 Collingwood Drive in Ann Arbor, Michigan, presents a fantastic leasing opportunity. Situated in a prime commercial area, near W Stadium and Jackson, this property offers convenient access and high visibility. The building, constructed in 1954 and extensively renovated in 2023, features a ground floor suite with three private offices, a reception area, ample storage, and a handicap-accessible bathroom. Enjoy the added benefit of a private outdoor patio. The property includes 16 parking spaces, a significant advantage for employees and clients. The space is currently vacant and available for lease with a minimum one-year term. The monthly rent is $2,000, which includes new laminate flooring installed by the owner. Alternatively, a reduced monthly rent of $1,500 is available if the tenant installs the flooring themselves. A 1.5-month security deposit is required. Utilities (electricity and gas) are the responsibility of the tenant. The property boasts two entryways, one of which is handicap accessible. The suite number and mailing address is 280 Suite B. The property sits on a 0.28-acre lot and is zoned for commercial use. This is a truly remarkable opportunity to secure a well-appointed and conveniently located office space in the thriving Ann Arbor market.

Property profile

Verified
Property type Office Spaces
Year built 1954
Total area 2,200 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

278 Collingwood Dr Ann Arbor, MI 48103
Ann Arbor metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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