Offering Memorandum

Investment Sale

Ann Arbor Value-Add Office Opportunity

3005 Boardwalk Dr
Ann Arbor, Michigan

eCode:116i

Sales Price

$5,500,000

Building Size

45,390 SF

Lot Size

4.25 AC

Year Built

2002

Traffic Count

Eisenhower Pkwy (20,763 CPD)
(I-94 (84,000 CPD)

Highlights

  • Value-Add Opportunity
  • Recent Capital Improvements
  • Priced Below Replacement Cost
  • Irreplaceable Ann Arbor Location | High Barrier-to-Entry

Radius 1 mile 3 mile 5 mile
Population Density 10,304 90,214 180,161
Household Income $103,906 $126,934 $129,604
Daytime Pop 21,713 69,678 105,550

SIMILAR PROPERTIES

Single-Tenant
3980 Rivertown Parkway SW
Grandville, Michigan

$3,764,705 | 4,000 SF
Single-Tenant
1007 Memorial Rd
Houghton, Michigan

$4,117,647 | 14,550 SF
Single-Tenant
17115-17117 N. Laurel Park Dr
Livonia, Michigan

Cooper’s Hawk Winery & Restaurant: $4,500,000
The Capital Grille: $5,800,000 | Cooper’s Hawk Winery & Restaurant: 11,046 SF
The Capital Grille: 9,079 SF
Multi-Tenant
6029-6035 E Virginia Beach Blvd
Norfolk, Virginia

$2,037,959 | 16,325 SF

Offering Memorandum

Confidentiality Agreement*

Download Agreement