South Ann Arbor Office Space

3131 State St - 2 Spaces Ann Arbor, MI HVAC and utilities are $2 per sqft
Oct 05
1,500 - 1,860
sqft
Office Mixed Use Medical

South Ann Arbor

Market Report

Number of Listings
Posted in the last 90 days
15
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
3,650

South Ann Arbor Rates

On average, listings lease in the $20's per square foot per year. The South Ann Arbor submarket is seeing a decrease in rates. In the last 3 months, the median rate fell $5 per sqft per year. That's a 17% decrease in rent.

South Ann Arbor Listing Supply

In the last 90 days, 410 listings have come on the market, so you'll want to check back regularly for new listings. About 5% of the available leases in the South Ann Arbor are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 3,650 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this region are approximately 1 stories. Most buildings in this region were built in 1978 and are Class B.

South Ann Arbor Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this area. Commute by taxi is the most popular way to get to work amongst South Ann Arbor occupants. Commuting around an hour a day is the norm for those who opt to reside in this part of town.

Market Data

Real time and historical data on commercial real estate listings in South Ann Arbor.
Research