Downtown Ann Arbor - Retail

Retail-Commercial for Lease
Catylist Listing ID: 30050498
Property Subtypes: Street Retail
Contiguous Space: 1,580 SF
Gross Building Area: 102,760 SF
Gross Land Area: 1.10 Acres
Lease Rate: $45 PSF (Annual)
Base Monthly Rent: $5,925
Lease Types: NNN
Building Name: Liberty Town Center
Last Updated: 9/22/2019

Overview / Comments

Premier Class A office and retail building located in the heart of Ann Arbor's Central Business District is in close proximity to the University of Michigan campus. With a daytime population of 66,000 within a one mile radius, and the highest concentration of downtown parking in a one-block radius, this site has high pedestrian traffic and heavy commuter traffic counts.
Conveniently located between S Main Street and S State Street on busy Liberty.

Expand All Available Space

Suite: B 1,580 SF $45 PSF (Annual) NNN
Level/Floor: 1st
Space Available: 1,580 SF
Lease Rate: $45 PSF (Annual)
$5,925 (Monthly)
Lease Type: NNN
Space Description: Western half of the former TCF space. Usable = 1,228 SF, Rentable = 1,580 SF
Date Available: 8/1/2018
Lease Term: 60 Months
Space Type: Relet

Additional Details

Nearest MSA: Ann Arbor
County: Washtenaw
Submarket/Township: Washtenaw W of 23
Taxing Authority: City of Ann Arbor
Tax ID/APN: 09-09-29-108-033
Retail Clientele: General, Family, Business, Tourist
Property Located Between: South Division and South State Street
Property Visibility: Excellent
Largest Nearby Street: Liberty
Feet of Frontage: 180
Highway Access: Downtown Ann Arbor is conveniently located in the center of I-94, M-14 & US23. Easy access to all major freeways.
Airports: Ann Arbor Municipal Airport: 15 minutes & Detroit Metropolitan International: 30 minutes
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 5
Property Condition: Good
Year Built: 1973
Year Renovated: 1987
Roof Type: Flat
Sprinklers: Wet
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Package Unit
Internet Access: Cable, DSL, T1/T3
Zoning Description: D1 and D2 downtown districts. (1) Intent. These districts, in coordination with the downtown character overlay zoning districts, are designed to support the downtown as the city's traditional center. The downtown serves both the region and local residents as a place to live, work, and take advantage of civic, cultural, educational, shopping, and entertainment opportunities. The downtown districts are intended to allow a mixture of land uses, dense urban development, pedestrian orientation, unique residential opportunities, and a compatible and attractive mix of historic and contemporary building design. Development in these districts is designed to be accessible by a variety of modes of transportation. (a) D1 - Downtown Core District. This district is intended to contain the downtown's greatest concentration of development and serves as a focus for intensive pedestrian use. This district is appropriate for high-density mixed residential, office and commercial development. (b) D2 - Downtown Interface District. This district is intended to be an area of transition between the Core and surrounding residential neighborhoods. This district is appropriate for medium density residential and mixed-use development.
Lot Frontage: 266
Lot Depth: 180
Water Service: Municipal
Sewer Type: Municipal
Legal Description: Unit 2 McKinley Towne Centre Condominium Split on 02/13/2007 from 09-09-29-108-022.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 35,198 114,509 164,587
Median Age: 25.39 33.37 34.28
Households: 11,922 46,779 68,223


Photograph of Listing Agent

James H. Chaconas

Colliers International
CPIX Member
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