Waterworks Plaza

Office for Lease
Catylist Listing ID: 1434130
Property Subtypes: Business Park, Executive Suites, High-Tech, Medical, Mixed Use, Office Building
Contiguous Space: 923 - 2,537 SF
Total Available: 19,196 SF
Building Size (RSF): 67,908 SF
Gross Land Area: 6 Acres
Lease Rate: $1,500 - 4,123 (Monthly)
$19.49 - 28.18 PSF (Annual)
Lease Types: Modified Gross
Ceiling: 11 ft.
Building Name: Waterworks Plaza
Class of Space: Class B
Core Factor: 15%
Last Updated: 7/26/2017

Overview / Comments

Beautiful park-like setting with stream running between 3131 & 3135 buildings creating peaceful views. Building is completely fiber optic, which provides the fastest internet in Ann Arbor! Very desirable part of Ann Arbor with easy access from I-94 and US-23, located on State Street across from Briarwood Mall. Highly visible with monument signage on State Street. Many suites from 500 SF to entire floor. Landlord will give a buildout allowance of $2.00 per square foot per year of lease. Call for details.

Expand All 13 Spaces Available

Suite: 3131 - Suite 220 1,694 SF $2,754 (Monthly) Modified Gross
Suite: 3131 - Suite 222 1,826 SF $2,969 (Monthly) Modified Gross
Suite: 3131 - Suite 224 1,784 SF $2,900 (Monthly) Modified Gross
Suite: 3131 - Suite 226 1,278 SF $2,077 (Monthly) Modified Gross
Suite: 3131 - Suite 228 1,411 SF $2,294 (Monthly) Modified Gross
Suite: 3131 - Suite 230 1,741 SF $2,830 (Monthly) Modified Gross
Suite: 3131 - Suite 302 1,446 SF $2,349 (Monthly) Modified Gross
Suite: 3131 - Suite 309 2,537 SF $4,123 (Monthly) Modified Gross
Suite: 3135 - Suite 102 937 SF $2,200 (Monthly) Modified Gross
Suite: 3135 - Suite 200 1,494 SF $2,428 (Monthly) Modified Gross
Suite: 3135 - Suite 202 1,188 SF $1,929 (Monthly) Modified Gross
Suite: 3135 - Suite 203 923 SF $1,500 (Monthly) Modified Gross
Suite: 3135 - Suite 350N 937 SF $2,000 (Monthly) Modified Gross

Additional Details

Nearest MSA: Ann Arbor
County: Washtenaw
Submarket/Township: Washtenaw W of 23
Taxing Authority: City of Ann Arbor
Tax ID/APN: 09-12-09-200-027 thru 083
Zoning: OFFICE
Market Type: Medium
Property Located Between: Eisenhower Parkway & I-94
Side of Street: East
Road Type: Paved, Highway
Property Visibility: Excellent
Transportation: Bus, Shuttle, Highway, Airport
Highway Access: Easy access to I-94
Airports: Ann Arbor Airport - 2 miles south
Area Description: Very desirable part of Ann Arbor with easy access to I-94 and US-23. Located across from Brairwood Mall. Close to many restaurants and shopping.
Total Number of Buildings: 2
Number of Stories: 3
Typical SF / Floor: 10,000 SF
Year Built: 1976
Year Renovated: 2007
Roof Type: Flat
Construction/Siding: Brick
Exterior Description: Beautiful park-like setting
Parking Type: Surface
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Package Unit
Internet Access: DSL
Zoning Description: This district is primarily for office buildings. The office district classification will be applied as a transitional use buffer between residential uses and uses which would be incompatible in direct contact with residential districts. (2) Permitted principal uses. (a) Executive and administrative offices for establishments whose plants, warehouses or outlets are not permitted in the "O" district. (b) Any office in which goods, wares or merchandise are not commercially created, displayed, stored, exchanged or sold, such as the following: 1 Business offices of a public utility, real estate, insurance, commercial or industrial establishment. 1 Offices of physicians, dentists and other health practitioners; legal, engineering, architectural and surveying services; accounting, auditing and bookkeeping services. 1 Finance, insurance and real estate offices; travel bureau; and banks. 1 Government offices. 1 Business services such as: advertising, consumer credit reporting agencies, mailing list and stenographic services, business and management consulting services. 1 Office of nonprofit organizations, such as professional membership organizations, labor unions, civic, social and fraternal associations, political organizations and religious organizations. 1 Veterinary hospitals and kennels providing medical, surgical, boarding, grooming and bathing facilities for small nonfarm animals such as dogs, cats and birds as a special exception use pursuant to section 5:104. All facilities must be completely enclosed in a sound proof building in such a way as to produce no objectionable odors at the lot lines. (c) Any permitted principal use of the "R" dwelling district, subject to all the regulations of the district in which such use first occurs. (d) Indoor court game facilities, including, but not limited to, handball, racquetball, paddleball, squash, ping-pong and similar uses, when located in an enclosed building shall be permitted as a special exception use pursuant to section 5:104. (e) Artists' studios, provided no more than 25 percent of the total floor area of the studio is used for the display and sale of articles which are produced in the studio. (f) Funeral homes. (g) Private colleges, universities and other institutions of higher learning, offering courses in general, technical or religious education. (3) Permitted accessory uses. (a) Those allowed in the R3 district. (b) Incidental services may be provided within office buildings for the convenience of occupants of that building, such as news, cigar or candy stands, delicatessens, restaurants, personal service shops and similar uses, provided the following conditions are fulfilled: 1 Not more than 5 percent of the building's usable floor area is used for incidental services. 1 All such incidental services shall be situated within the interior of the building so that no part thereof shall be directly accessible from the outside of the building.
Lot Frontage: 427
Lot Depth: 613
Water Service: Municipal
Sewer Type: Municipal
Legal Description: To be determined upon completion of condo documents

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,988 93,658 172,512
Median Age: 35.94 33.8 34.48
Households: 5,532 37,956 71,199

Contact

Photograph of Listing Agent

Richard Timmons

Colliers International Not a member of CPIX

Source

© Copyright Commercial Property Information Exchange (CPIX). All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Commercial Property Information Exchange (CPIX) nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.