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308 S State St 195 - 1,033 SF of Office Space Available in Ann Arbor, MI 48104
HIGHLIGHTS
- 1st floor retail, 2nd and 3rd floor commercial
- Beautiful brick building filled with charm and character
- Unbeatable downtown Ann Arbor location directly across from University of Michigan's central campus
- Surrounded by popular restaurants and retails shops
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 3rd Floor, Ste 32 | 838 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 3rd Floor, Ste 39 | 195 SF | Negotiable | $25.00 /SF/YR $2.08 /SF/MO $4,875 /YR $406.25 /MO | Modified Gross |
3rd Floor, Ste 32
308 S. State's stunning office spaces are located on one of Ann Arbor's most well-trafficked streets by both pedestrians and drivers. It sits directly across from the University of Michigan's central campus and is surrounded by several bustling restaurants and retail stores. The unique architecture at this building adds disnguishing characteriscs that creates memorable experiences for customers and employees.
- Fully Built-Out as Standard Office
- Mostly Open Floor Plan Layout
- Beautiful brick building
- Surrounded by popular restaurants and retail shops
3rd Floor, Ste 39
308 S. State's stunning office spaces are located on one of Ann Arbor's most well-trafficked streets by both pedestrians and drivers. It sits directly across from the University of Michigan's central campus and is surrounded by several bustling restaurants and retail stores. The unique architecture at this building adds disnguishing characteriscs that creates memorable experiences for customers and employees.
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as Standard Office
- 1 Private Office
- Surrounded by popular restaurants and retail shops
- Beautiful brick building
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT 308 S STATE ST, ANN ARBOR, MI 48104
- Backyard Brains
- John Bennett
- SEE
PROPERTY FACTS
| Total Space Available | 1,033 SF | Gross Leasable Area | 10,600 SF |
| Property Type | Retail | Year Built | 1901 |
| Property Subtype | Storefront Retail/Office |
| Total Space Available | 1,033 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 10,600 SF |
| Year Built | 1901 |
ABOUT THE PROPERTY
308 S. State's stunning office spaces are located on one of Ann Arbor's most well-trafficked streets by both pedestrians and drivers. It sits directly across from the University of Michigan's central campus and is surrounded by several bustling restaurants and retail stores. The unique architecture at this building adds distinguishing characteristics that creates memorable experiences for customers and employees.
- Bus Line
- Signage
NEARBY MAJOR RETAILERS
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308 S State St
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