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2500 Packard Rd
Ann Arbor, MI 48104
Office Property For Sale


Executive Summary
PROPERTY HIGHLIGHTS
• Wonderful opportunity for an investment or owner lease investment.
• Great space for small businesses to lease Ann Arbor office space at affordable prices.
• Good occupancy rate.
• Space for rent available now or soon from 400SFT to 2500SFT, that potential owner can occupy.
• Open built to suite space in the basement
• Great location - 5 minutes from the downtown Ann Arbor and 7 minutes from the Briarwood Mall business area
• Plenty of parking - 140+ parking spaces
• Adjacent to 'The George', a new construction retail, office and
residential complex
• Close to hotels, restaurants and residential neighborhoods
For detailed lease information, please visit - https://www.loopnet.com/Listing/2500-Packard-Rd-Ann-Arbor-MI/26628656/
• Wonderful opportunity for an investment or owner lease investment.
• Great space for small businesses to lease Ann Arbor office space at affordable prices.
• Good occupancy rate.
• Space for rent available now or soon from 400SFT to 2500SFT, that potential owner can occupy.
• Open built to suite space in the basement
• Great location - 5 minutes from the downtown Ann Arbor and 7 minutes from the Briarwood Mall business area
• Plenty of parking - 140+ parking spaces
• Adjacent to 'The George', a new construction retail, office and
residential complex
• Close to hotels, restaurants and residential neighborhoods
For detailed lease information, please visit - https://www.loopnet.com/Listing/2500-Packard-Rd-Ann-Arbor-MI/26628656/
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Office
Building Size
31,160 SF
Building Class
B
Year Built
1970
Price
$5,000,000
Price Per SF
$160.46
Percent Leased
64%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
10,387 SF
Slab To Slab
10’
Building FAR
0.40
Lot Size
1.79 AC
Zoning
C1 - Local Business District
Parking
140 Spaces (4.49 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
Property Taxes
| Parcel Number | 12-04-403-020 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $2,098,600 |
Property Taxes
Parcel Number
12-04-403-020
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$2,098,600
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