Investment Overview

Marcus and Millichap presents Liberty Wagner Business Park, a multi building flex campus located at 3502 to 3650 West Liberty Road in Ann Arbor, Michigan, within Washtenaw County. The property consists of five flex buildings totaling approximately 63000 square feet and offers a mix of office, warehouse, light industrial, showroom, and service oriented space. The campus layout provides functional building sizes and configurations that support a range of users, including investors, owner occupants, and small to mid scale businesses. The property is located along West Liberty Road near the intersection with Wagner Road, a well traveled corridor that provides direct access to Downtown Ann Arbor, Interstate 94, and M 14. These routes connect the site to the broader Ann Arbor area and the regional highway network serving Southeast Michigan. The location benefits from proximity to strong traffic drivers, including the University of Michigan, Michigan Medicine, downtown Ann Arbor employment centers, and surrounding established residential neighborhoods. Washtenaw County is characterized by high household incomes, a well educated workforce, and a concentration of employment in education, healthcare, research, and technology sectors Ann Arbor remains one of Michigan’s most supply-constrained commercial markets, particularly for flex space, where opportunities for new development are limited. Market fundamentals continue to outperform both regional and national averages, supported by consistent demand and low vacancy levels. Recent market data indicates that the Ann Arbor and Washtenaw County office market maintains vacancy rates well below national office averages, reflecting strong tenant demand and limited available inventory. Currently, the market has an 8% vacancy rate. Flex properties have benefited from these conditions, driven by users seeking adaptable space in close proximity to employment centers and major transportation routes. Liberty Wagner Business Park offers multiple ownership strategies due to its five individual buildings. Potential approaches include leasing the buildings individually or as multi tenant space, repositioning suites to capture market rent growth, selling buildings separately, or occupying part of the campus while retaining income from the remaining space. The property’s location within a high barrier to entry market and its adaptable building mix position it to benefit from the long term strength and stability of the Ann Arbor and Washtenaw County commercial real estate market.