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670 E Textile Rd
Ann Arbor, MI 48108

Building B · Retail Property For Sale

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Investment Highlights

With Avis Farms being home to employers such as Federal Mogul, Tetra Tech, Thomson Reuters and many more
Ann Arbor Municipal Airport and several car dealerships such as Subaru, Honda & Mercedes Benz are operating just north of this site.
The site is easily accessible to I 94, US 23, Michigan Ave. & M-14

E. Textile Road was recently improved and now provides a direct route from Michigan Avenue (M 12) to S. State Street.
In addition to Briarwood Mall, Costco and Wal Mart are operating within the immediate trade area.
Saline High School (approximately 1,800 students) is located just south of this project.

Executive Summary

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.

PROPERTY FACTS

Sale Type

Investment or Owner User

Sale Conditions

Ground Lease (Leasehold)

Property Type

Retail

Property Subtype

Freestanding

Building Size

12,600 SF

Building Class

Year Built

2021

Price

$2,406,054 CAD

Price Per SF

$191 CAD

Percent Leased

Vacant

Tenancy

Multiple

Building Height

1 Story

Building FAR

0.97

Lot Size

0.30 AC

Zoning

PUD - Planned Unit Development

Parking

41 Spaces (6.51 Spaces per 1,000 SF Leased)

Frontage

111 ft on South State Road

Listing ID: 26870828
Date on Market: 2022-10-17
Last Updated:
Address: 670 E Textile Rd, Ann Arbor, MI 48108

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