Retail / Office Suite - Glencoe Crossing for Lease - Ann Arbor

Retail-Commercial for Lease
Also listed as Office, Shopping Center
Catylist Listing ID: 30362105
Property Subtypes: Mixed Use, Retail-Pad
Contiguous Space: 1,500 SF
Building Size (RSF): 93,899 SF
Gross Land Area: 22.25 Acres
Lease Rate: $14.75 PSF (Annual)
Base Monthly Rent: $1,843
Lease Types: NNN
Building Name: Glencoe Crossing Shopping Center
Last Updated: 1/18/2019

Overview / Comments

Retail Commercial and Office Center. Single remaining suite for lease. Good signage and exposure on busy Washtenaw Avenue between Ann Arbor and Ypsilanti. Located less than 1/2 mile of US-23/Washtenaw interchange. Over 550 parking spaces. Traffic count in excess of 31,000 VPD.

Expand All Available Space

Suite: 4659 1,500 SF $14.75 PSF (Annual) NNN
Space Available: 1,500 SF
Lease Rate: $14.75 PSF (Annual)
$1,843 (Monthly)
Lease Type: NNN
Space Subcategory: Community Center, Strip Center
Date Available: 1/1/2019
Lease Term: 60 Months
Space Type: Relet
Operating Expenses $5.85 PSF (Annual)

Additional Details

Nearest MSA: Ann Arbor
County: Washtenaw
Submarket/Township: Washtenaw E of 23
Taxing Authority: Pittsfield Twp
Tax ID/APN: L-12-01-100-041
Zoning: FB, PUD
Market Type: Large
Retail Clientele: General, Family, Business, Traveler, Convention
Property Located Between: Carpenter and Golfside
Side of Street: North
Road Type: Paved
Property Visibility: Excellent
Largest Nearby Street: US-23
Feet of Frontage: 880
Traffic/Vehicle Count: 31,000
Transportation: Bus, Highway
Highway Access: US-23, I-94, US-12, M-14
Airports: DTW, ANN ARBOR
Area Description: Pittsfield Township is a progressive community that provides an outstanding combination of housing, education, business and a vibrant quality of life. It interconnects its residential, retail, commercial, entertainment, cultural and recreational availability via personal and public modes of transportation. Pittsfield Township has immediate and easy access to major local and state highways. It provides advantages such as; having an Ann Arbor mailing address with much lower taxes, a diverse and exceptional small business community ranging from family-owned storefronts to international franchisees, and is home to numerous larger headquartered firms, including R&D and high-tech companies throughout the township. Pittsfield boasts a robust talent pool with over 50% of its population as being college educated with more than one out of every four residents possessing a graduate/professional degree. Residents, students and business persons alike have immediate access to education being situated between the University of Michigan, Eastern Michigan University and at the back door of Washtenaw Community College. Pittsfield Township is just minutes from downtown Ann Arbor, Ypsilanti’s exciting Depot Town, collegiate sporting events, world renowned health care, hospitality/accommodations for the avid traveler, and recreational opportunities such as golf, mountain biking, canoeing, hiking or just plain enjoying the beauty and relaxation of the natural scenery.
Tenancy: Multiple Tenants
Total Number of Buildings: 3
Number of Stories: 1
Property Condition: Good
Year Built: 1980
Roof Type: Flat
Construction/Siding: Stucco
Total Parking Spaces: 550
Parking Type: Surface
Parking Description: 550 parking spaces
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Zoning Description: The Master Plan identified focus development areas within the Township that place greater emphasis on regulating urban form and character of development as well as use and intensity of use. Within these focus areas the Township encourages development with a mix of uses, including public open space, in order to provide transit oriented development in a sustainable way. The Form-Based Mixed Use Districts are intended to implement the vision, goals, and objectives of the Master Plan and any other applicable Plans. Authorized uses are categorized by use groups as set forth in Table 5.03.E.1. Use groups generally contain similar types of uses in terms of function, character, and intensity. 2. Use groups are designated in locations within each district based on the regulating plan. Use groups are classified in the following manner: a. Permitted Use Groups. These use groups are permitted as of right in the locations specified, and are depicted with the symbol P. b. Permitted Use Groups in Upper Stories. These use groups are permitted as of right in upper stories only in the location specified and are depicted with the symbol UP. c. Conditional Use Groups. These use groups are permitted after review and approval by the Planning Commission, in accordance with the procedures set forth in Article 10 and the standards in this Ordinance. Use groups requiring conditional use approval are depicted with the symbol C. i. The following uses will require a conditional use regardless of the site type or building form: a. Drive-through use. b. Single-use building over 15,000 gross floor area abutting residentially used or zoned property. d. Uses Permitted in All Locations Within the District. Public parks and essential public services are permitted by right in all locations. e. Similar Uses. If a use is not listed but is similar to other uses within a use group, the Zoning Administrator may determine whether the use is similar to other uses within a use group. The Zoning Administrator may also determine whether the use is permitted as of right, permitted in upper stories only, or permitted as a conditional use. The Zoning Administrator may obtain a recommendation from the Planning Commission as to whether or not the proposed use is similar to a use permitted as of right, permitted in upper stories only, or permitted as a conditional use. f. If a site is adjacent to two (2) different street types, the more intense street type shall control for the purpose of determining allowable use groups. Use Group 3, Office / Institutional permitted uses include: Civic building Office, general Office, medical Medical clinic Primary/secondary schools (private or charter) Post-secondary schools Places of worship Data processing and computing centers Technology centers/office research Publicly owned/operated office and service facilities Funeral homes Veterinary clinics or hospitals
Lot Frontage: 880
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 14,899 76,082 197,643
Median Age: 31.22 33.46 33.09
Households: 7,087 32,293 80,158

Contact

Photograph of Listing Agent

Michael L. Jurgenson, CCIM

Swisher Commercial CPIX Member
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