For Sale
$5,658,200

401 Morgan RdAnn Arbor, MI 48108

Prime Ann Arbor location, multi-tenant flex space.

Overview

Added:
Dec 11, 2024
Days on market:
118
This exceptional 28,176 square foot industrial building, situated on an 8.9-acre lot in Ann Arbor, Michigan, presents a rare investment opportunity. The property, built in 1994, features a single-story structure with a 20-foot ceiling height, ideal for research and development activities. The building includes three loading docks and is zoned for business district use. Currently, the property is multi-tenant, with three tenants occupying approximately 11,145 square feet. The owner is open to leasing approximately 4,000 square feet of additional space. A key feature is a 500 square foot Class 10,000 Clean Room laboratory space, equipped with wet and dry lab options, pressurized and vacuum air, various sinks, potable and DI water sources, dedicated fume hoods, central exhaust systems, and 110/210 power, phone, and internet access. The building's strategic location at 401 W Morgan Rd, Ann Arbor, MI 48108, offers convenient access to I-94, downtown Ann Arbor, the Ann Arbor Municipal Airport, and surrounding technology and R&D campuses. The asking price is $5,658,200, translating to $200.82 per square foot. The property is offered as an owner/user investment under a NNN lease structure. The parcel number is L-12-21-200-030.

Highlights

  • 28,176 SF industrial building on 8.9-acre lot in Ann Arbor, MI.
  • Single-story building with 20' ceilings, built in 1994.
  • Three loading docks and business district zoning.
  • Currently multi-tenant (11,145 SF occupied), with 4,000 SF available for lease.
  • Includes a 500 SF Class 10,000 cleanroom with wet/dry labs and utilities.
  • Located at 401 W Morgan Rd, Ann Arbor, MI 48108, near I-94, downtown, and the airport.

Property Details for 401 Morgan Rd

Property type
Life science properties, Industrial properties
Square Feet
28,176 SF
Year Built
1994
Buildings
1
Stories
1
Lot Size (sq. ft)
387,684 SF

Location Insight

City
Ann Arbor
County
Washtenaw
State
Michigan
Latitude
42.214539823032
Longitude
-83.733840054678
401 Morgan Rd, Ann Arbor, Michigan

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401 Morgan Rd
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