5960 S State Rd - Freestanding FOR SALE


Ann Arbor, MI 48108
$1,675,000 USD
248-353-0500
5960 S State Rd, Ann Arbor, MI for Sale
$1,675,000 USD
Freestanding - FOR SALE
1/9
null | Request Cap Rate

5960 S State Rd
Ann Arbor, MI 48108


HIGHLIGHTS

  • With Avis Farms being home to employers such as Federal Mogul, Tetra Tech, Thomson Reuters and many more
  • E. Textile Road was recently improved and now provides a direct route from Michigan Avenue (M 12) to S. State Street.
  • Ann Arbor Municipal Airport and several car dealerships such as Subaru, Honda & Mercedes Benz are operating just north of this site.
  • In addition to Briarwood Mall, Costco and Wal Mart are operating within the immediate trade area.
  • The site is easily accessible to I 94, US 23, Michigan Ave. & M-14
  • Saline High School (approximately 1,800 students) is located just south of this project.

OVERVIEW

Inglewood Park is the retail/office development phase of PUD development consisting of five freestanding buildings with a total of 31,500 SF of space. The first phase of the residential portion of the development included 106 single-family homes along with 86 condominium units. Phase II (Inglewood family homes along with 86 condominium units. Phase II (Inglewood West) is slated for 220 units. Each building has an asking price of $1,675,000 or $3,350,000 for both assets.

FOR SALE DETAILS

PRICE

$1,675,000 USD

PRICE/SF

$66 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

A

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2021

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

5.94 AC

LAND SF

258,746 SF

ZONING

PUD

APN/PARCEL ID

12-21-300-019

ASK ABOUT THIS PROPERTY

Ron GoldstoneNAI FarbmanMore Info
248-353-0500

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Ron GoldstoneNAI FarbmanMore Info
248-353-0500

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.