2245 S State St
Ann Arbor, MI 48104
Mckinley Executive Center · Office Property For Sale

McKinley Executive Center (MEC) is a 24,100 SF office building ideally situated between I-94 and The University of Michigan in Ann Arbor, MI. The property’s compelling location and high-quality office space has attracted a strong roster of tenants, many of whom have chosen to expand within the building at increasingly higher rents. As a result, MEC has been able to maintain 100% occupancy and space availability has been quickly absorbed by current tenants. Constructed in 1950 and renovated in 2014, the property provides tenants easy access to downtown Ann Arbor and the convenience of on-site surface parking. In-place rents averaging $14.26/SF represent a nearly $5 discount to comparable property and allow a new buyer to mark current rents to market as leases roll. Anchored by the University of Michigan, Ann Arbor has experienced significant office and retail rent growth that is expected to continue due to limited competitive supply and growing population base. MEC is ideally located ½ mile north of I-94 and less than two miles from downtown Ann Arbor strong amenity base.