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700 Kms Pl 125,277 SF Office Building Ann Arbor, MI 48108 For Sale

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Investment Highlights

  • Parcel comprised of 11.89 acres
  • Adjacent to I-94 at the State St. entrance & minutes from downtown Ann Arbor and U-M campus
  • Locally-owned and professionally managed & 24/7 on-call emergency maintenance
  • M1 zoning allows for flexible use such as office or lab
  • Owned transformers (2,750 KVA total across 3 transformers), providing greater control over power quality and reliability
  • Potential expansion up to 50,000 sf on 3.5 acres

Executive Summary

This premier flex space represents a unique opportunity in Ann Arbor’s Southside corridor—the hub of the city’s thriving research and technology industries. With the area undergoing transformation through major mixed-use developments, this asset lies at the center of the region’s most dynamic growth corridor.

Property Facts

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
125,277 SF
Building Class
B
Year Built/Renovated
1969/2003
Tenancy
Single
Building Height
1 Story
Typical Floor Size
125,277 SF
Building FAR
0.24
Lot Size
11.89 AC
Opportunity Zone
Yes
Zoning
Commercial - Commercial Zoned District
Parking
458 Spaces (3.66 Spaces per 1,000 SF Leased)

Amenities

  • Signage
  • Reception
  • Storage Space
  • Air Conditioning
  • Smoke Detector

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Health Care and Social Assistance
  • -
  • -
  • -
  • -

Meals on Wheels America, founded in 1954 and based in Arlington, VA is the leadership organization supporting community-based programs across the country that are dedicated to addressing senior isolation and hunger. This network serves virtually every community in America and, along with staff and volunteers, delivers the nutritious meals, friendly visits and safety checks that enable America’s seniors to live nourished lives with independence and dignity. By providing funding, leadership, education, research and advocacy support, Meals on Wheels America empowers its local member programs to strengthen their communities, one senior at a time.

  • Regents of the University of Mi
  • Professional, Scientific, and Technical Services
  • -
  • -
  • -
  • -

The mission of the University of Michigan is to serve the people of Michigan and the world through preeminence in creating, communicating, preserving and applying knowledge, art, and academic values, and in developing leaders and citizens who will challenge the present and enrich the future.

  • Umhs Physician Svc
  • Professional, Scientific, and Technical Services
  • -
  • -
  • -
  • -
  • Educational Services
  • -
  • $13.44
  • Triple Net
  • -

Since its founding in 1848, the University of Michigan Medical School has forged a strong leadership role in American academic medicine. To transform health through bold and innovative education, discovery and service. Their community of faculty, staff and learners throughout clinical and basic science departments, is committed to this single mission. The U-M Medical School continues its long tradition of excellence with a diverse and outstanding student body, world-renowned basic science and clinical faculty, a completely revised curriculum for the MD degree, and exceptional facilities for patient care, education and research. Their cooperative relationships with other U-M colleges and schools — including Public Health and Engineering — foster opportunities for learners to lead interprofessional teams and participate in creative research collaborations.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Health Care and Social Assistance - - - -
Regents of the University of Mi Professional, Scientific, and Technical Services - - - -
Umhs Physician Svc Professional, Scientific, and Technical Services - - - -
Educational Services - $13.44 Triple Net -

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Floor
  • 125,277 SF
  • Office
  • Full Build-Out
  • Jan 2027

700 KMS Place is a fantastic opportunity to lease a premier flex building in Ann Arbor's bustling Southside corridor--the hub of Ann Arbor’s thriving research and technology industries. Zoned M1, for limited industrial, this space allows for flexible use such as office or lab, in the perfect location for businesses looking to expand their Ann Arbor footprints. Tenants enjoy adjacent ramp access to I-94 and proximity to other business parks, hotels, while being just 10 minutes from downtown Ann Arbor. Additionally, there is room to expand up to 50,000 SF on 3.5 acres, which would allow tenants to make the space their own.

Space Size Space Use Condition Available
1st Floor 125,277 SF Office Full Build-Out Jan 2027

1st Floor

Size
125,277 SF
Space Use
Office
Condition
Full Build-Out
Available
Jan 2027

1st Floor

Size 125,277 SF
Space Use Office
Condition Full Build-Out
Available Jan 2027

700 KMS Place is a fantastic opportunity to lease a premier flex building in Ann Arbor's bustling Southside corridor--the hub of Ann Arbor’s thriving research and technology industries. Zoned M1, for limited industrial, this space allows for flexible use such as office or lab, in the perfect location for businesses looking to expand their Ann Arbor footprints. Tenants enjoy adjacent ramp access to I-94 and proximity to other business parks, hotels, while being just 10 minutes from downtown Ann Arbor. Additionally, there is room to expand up to 50,000 SF on 3.5 acres, which would allow tenants to make the space their own.

Property Taxes

Property Taxes

Parcel Number
12-09-300-015
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$8,205,000
  • Listing ID: 39017354

  • Date on Market: 1/8/2026

  • Last Updated:

  • Address: 700 Kms Pl, Ann Arbor, MI 48108

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