Retail > U of M Central Campus

Retail-Commercial for Lease
Catylist Listing ID: 30073920
Property Subtypes: Convenience Store, Restaurant
Building Status: Under Construction
Contiguous Space: 1,404 - 1,755 SF
Total Available: 3,159 SF
Building Size (RSF): 134,000 SF
Gross Land Area: 0.45 Acres
Lease Rate: $30 - 45 PSF (Annual)
Base Monthly Rent: $4,387 - 5,265
Lease Types: NNN
Usable Size (USF): 134,000 SF
Last Updated: 12/14/2017

Overview / Comments

This brand new high end attractive building comes with great exposure to large student population at the University of Michigan with over 45,000 students. Great visibility in this high traffic area in the heart of campus. Outstanding brand new building construction, great opportunity to be in this first generation space. Two first floor retails spaces available, one on East University Avenue, perfect for restaurant space, and the other on Church Street which is restricted to "dry goods". Building is currently under construction with expected delivery Fall 2018.

Expand All 2 Spaces Available

Suite: 1 1,404 SF $45 PSF (Annual) NNN
Suite: 2 1,755 SF $30 PSF (Annual) NNN

Additional Details

Nearest MSA: Ann Arbor
County: Washtenaw
Submarket/Township: Washtenaw W of 23
Taxing Authority: City of Ann Arbor
Tax ID/APN: 09-09-28-311-025
Zoning: D1
Retail Clientele: General, Other
Property Located Between: Church St & East University
Property Visibility: Excellent
Largest Nearby Street: East University
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 14
Typical SF / Floor: 10,000 SF
Property Condition: Excellent
Year Built: 2018
Roof Type: Flat
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Package Unit
Zoning Description: D1 and D2 Downtown Districts. 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. 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. PERMITTED USES: Single- or Two-Family Dwelling, Multiple-Family Dwelling, Fraternity, Sorority or Student Cooperative, Rooming or Boarding House, Emergency Shelter, Convalescent or nursing home, LODGING: Hotel, Bed & Breakfast, CIVIC AND INSTITUTIONAL: Religious Assembly, Educational Services, Day Care Center, Community Center, Social or Service Club, Library, Government Office, Courthouse, Park or Plaza, Museum, OFFICE: Office—General or Business, Office—Medical or Dental Office—Veterinary, Medical Laboratory, COMMERCIAL, Bank, Credit Union or Financial Services, Retail Sales, Restaurant or Bar Personal or Business Services
Water Service: Municipal
Sewer Type: Municipal
Legal Description: LOT 1 EXC E 7 RDS BLK 1 RANSOM S SMITHS 2ND ADDITION AND E 55 FT OF S 22 FT 1 INCH LOT 63 RANSOM S SMITHS ADDN Split/Combined on 12/06/2016 from 09-09-28-311-009, 09-09-28-311-008, 09-09-28-311-019, 09-09-28-311-020;

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 34,128 124,798 171,589
Median Age: 24.88 33.44 34.49
Households: 11,124 51,398 70,870


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