2725 Packard StAnn Arbor, MI 48108

For Lease
$23.32/SF/YR
Prime medical office suites near Buhr Park

Overview

Added:
Dec 11, 2024
Days on market:
126
This exceptional two-story, 8,405-square-foot medical office building, constructed in 2005, presents a unique investment opportunity. Situated on a 1.6-acre lot at the intersection of Packard and a cross street, conveniently located near Buhr Park, this Class B property offers easy access to downtown Ann Arbor, S. State Street, and I-94. The building features two suites, totaling 8,405 square feet, with a minimum divisible space of 1,685 square feet and a maximum contiguous space of 2,921 square feet. Currently, 4,833 square feet are vacant and available for lease. Amenities include 50 parking spaces, a passenger elevator, and premium finishes throughout. Each suite boasts large windows, private offices, conference rooms, and kitchens. Common restrooms are shared between suites. The building also features a welcoming two-story entry with peaked ceilings and a full basement. The listed price per square foot includes a 12% load factor. The property is zoned for office use and has a fire suppression system. The APN is 09-12-03-307-059. This property is located in the Washtenaw W of 23 submarket.

Highlights

  • 8,405 SF medical office building with two suites available for lease.
  • Suites range from 1,685 SF to 2,921 SF, with a total of 4,833 SF currently vacant.
  • Located in the Washtenaw W of 23 submarket, near Buhr Park, with easy access to downtown Ann Arbor and I-94.
  • Building features include 50 parking spaces, one passenger elevator, and premium finishes.
  • Property sits on a 1.6-acre lot and is zoned for office use.

Property Details for 2725 Packard St

Property type
Office properties, Medical offices
RSF (Rentable sq. ft)
8,405 SF
Class
B
Year Built
2005
Buildings
1
Stories
2

Unit(s) available at that property

Space
Suite 102
Size
1,912 SF
Rate per SF
$23.32
Space
Suite 201-202
Size
2,921 SF
Rate per SF
$23.32

Location Insight

City
Ann Arbor
County
Washtenaw
State
Michigan
Latitude
42.2454798
Longitude
-83.7131471
2725 Packard St, Ann Arbor, Michigan

FAQs

What type of property is this?
Office property - Prime medical office suites near Buhr Park
Where is the office property located?
The property is located at 2725 Packard St Ann Arbor, MI.
What is the lease rate?
The lease rate is $23.32/SF/YR.
What are key features of this property?
This property features: 8,405 SF medical office building with two suites available for lease.; Suites range from 1,685 SF to 2,921 SF, with a total of 4,833 SF currently vacant.; Located in the Washtenaw W of 23 submarket, near Buhr Park, with easy access to downtown Ann Arbor and I-94.
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2725 Packard St
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