Retail / Drive-Thru Opportunity

Retail-Commercial for Lease
Also listed as Office
Catylist Listing ID: 30852885
Property Subtypes: Free-Standing Building, Restaurant, Retail-Pad, Street Retail
Building Status: Proposed
Contiguous Space: 2,000 - 8,000 SF
Gross Building Area: See Agent
Lease Rate: $0 PSF (Annual)
Base Monthly Rent: $0
Lease Types: NNN
In Opportunity Zone? Yes
Last Updated: 9/25/2023

Overview / Comments

Don’t miss this rare shot to have a drive-through location in the City of Ann Arbor! The property owner will renovate the current building or do a complete redevelopment. The estimated square footage for a one or two-story building with a drive-through is between 2,000 – 8,000 SF, depending upon the drive-through lane(s). Lease rate is dependent upon lease terms, redevelopment terms, etc.

This retail opportunity lies in the S State Street corridor, one of Ann Arbor’s main passageways, with a vibrant office, retail, research & development, and limited industrial users. Located at the NE corner of S State Street and W Ellsworth Road with frontage on W Ellsworth Road, and nearby high-density residential with drive-by traffic exceeding 66,000 vehicles daily!

Potential opportunity for Tenant ownership.

Easy access to I-94, downtown Ann Arbor, and surrounding communities.

Expand All Available Space

Suite: 1 8,000 SF $0 PSF (Annual) NNN
Space Available: 8,000 SF
Minimum Divisible: 2,000 SF
Lease Rate: $0 PSF (Annual)
$0 (Monthly)
Lease Type: NNN
Date Available: 8/1/2024
Space Type: New

Additional Details

Nearest MSA: Ann Arbor
County: Washtenaw
Submarket/Township: Washtenaw W of 23
Taxing Authority: City of Ann Arbor
Tax ID/APN: 09-12-09-301-012
Zoning: C3 - FRINGE COMMERCIAL DISTRICT
Retail Clientele: General, Family, Business, Traveler, Tourist, Convention
Property Located Between: W Ellsworth Road
Property Visibility: Good
Largest Nearby Street: S State STreet
Traffic/Vehicle Count: 66,000
Highway Access: I-94
Tenancy: Single Tenant
Total Number of Buildings: 1
Heat Type: Natural Gas
Heat Source: Ceiling Units
Air Conditioning: Package Unit
Internet Access: Cable
Zoning Description: The design and regulations of this district are set up to provide for certain types of commercial activities which have characteristics in common. In this district, the customer usually comes directly to the particular establishment by automobile, making a separate stop for each errand. Comparison shopping activity is less than in the central business district. Since there is little essential interdependence of activities, establishments can be dispersed over considerable areas with each establishment having its own automobile parking. Good automobile accessibility is essential to these districts. The uses permitted, because of their lack of intense pedestrian activity and their required contact with auto access, would be incompatible in the central business district. (2) Permitted principal uses. (a) Any principal use permitted in the C2B business service district. (3) Permitted accessory uses. (a) Those allowed in the R3 district.
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,526 67,722 169,032
Median Age: 34.45 35.37 34.38
Households: 2,460 28,232 69,700

Contact

Photograph of Listing Agent

James H. Chaconas

Colliers International
CPIX Member
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