Excellent Downtown Restaurant-Retail space
Retail-Commercial
for Lease
Lease Pending
| Catylist Listing ID: |
30475377 |
| Property Subtypes: |
Convenience Store, Free-Standing Building, Mixed Use, Restaurant, Retail-Pad, Street Retail, Tavern/Bar/Nightclub
|
| Status: |
Pending |
| Contiguous Space: |
1,770 SF |
| Building Size (RSF): |
1,770 SF |
| Gross Building Area: |
4,594 SF |
| Gross Land Area: |
5,227 SF
|
| Lease Rate: |
$18.24 PSF (Annual)
|
| Base Monthly Rent: |
$2,690 |
| Lease Types: |
Modified Gross |
| Ceiling: |
12 ft. |
| Usable Size (USF): |
1,770 SF |
| Last Updated: |
5/15/2023 |
Overview / Comments
|
Mostly open retail space with public parking lot adjacent to property. Excellent electric power and two HVAC systems. The lease terms are as follows: The lease will be a modified gross lease with the base rent including property taxes, property insurance, common area maintenance of the building, and replacement of mechanical systems. The tenant responsibility in addition to the base rent is cost of all utility usage, interior maintenance and repair including periodic HVAC maintenance and repairs, plus maintenance of the exterior in front of the building to keep clear of debris and snow. The base rent is $ 2,690.00 per month plus utilities and above items. Minimum lease term will be two to five years. Lease will provide for annual increases in base rent.
|
|
Suite: 100
|
1,770 SF
|
$18.24 PSF (Annual)
Modified Gross
|
| Level/Floor: |
street level |
| Status: |
Pending |
| Space Available: |
1,770 SF |
| Lease Rate: |
$18.24 PSF (Annual)
$2,690 (Monthly)
|
| Lease Type: |
Modified Gross |
| Space Description: |
This storefront retail space is approximately 1,770 square feet and has occupied by a restaurant business in the past. The space can be used for the same or any other type of retail or food business. Great electric power, two separate HVAC systems and basement access for design ease. Downtown location with some sidewalk seating use. City public parking lot adjacent to this property. |
| Date Available: |
11/1/2021 |
| Space Type: |
New |
| Rent Escalators |
Other |
| Rent Escalators Description |
Rent is 2,690 per month plus utilities. Following years will have expense stops and periodic rent increases. |
Additional Details
| Nearest MSA: |
Ann Arbor |
| County: |
Washtenaw |
| Submarket/Township: |
Washtenaw W of 23 |
| Taxing Authority: |
Saline City |
| Tax ID/APN: |
18-18-01-153-030 |
| Zoning: |
D-1 |
| Retail Clientele: |
General, Family, Business, Traveler, Recreation |
| Property Located Between: |
Michigan Ave & S Ann Arbor St |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
Michigan Ave |
| Feet of Frontage: |
47 |
| Traffic/Vehicle Count: |
18,877 |
| Highway Access: |
Located near Michigan Ave and Ann Arbor-Saline Rd, which both roads are straight shot to US-23 and I-94 freeways - Approximately 10 min drive to both freeways |
| Airports: |
Ann Arbor Municipal Airport, Willow Run Airport, Detroit Metropolitan Wayne County Airport |
| Site Description: |
The building is two story with the retail first floor described above and two residential apartments with separate exterior entrances. Excellent parking in the street and the adjacent city lot. This suite has two Gas Forced Air Heat and Central Air systems with independent temperature monitoring. |
| Area Description: |
This storefront retail space is located one building off the main four corners in a central downtown of the City of Saline. This downtown area is very solid for business and well supported by the community. The neighboring properties are primarily retail and office with great parking on the street and immediately adjacent to this property with a city owned lot. |
| Tenancy: |
Multiple Tenants |
| Total Number of Buildings: |
1 |
| Number of Stories: |
2 |
| Typical SF / Floor: |
2,297 SF |
| Property Condition: |
Excellent |
| Year Built: |
1900 |
| Construction/Siding: |
Brick |
| Parking Description: |
Street parking and city lot adjacent to building. |
| Sprinklers: |
None |
| Heat Type: |
Natural Gas |
| Heat Source: |
Central |
| Air Conditioning: |
Engineered System |
| Interior Description: |
Mostly open area for flexible design high ceilings. |
| Zoning Description: |
D-1 Downtown Core |
| Lot Frontage: |
22 |
| Lot Depth: |
200 |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
| Legal Description: |
*OLD SID - 18 18-065-070-00 SC 7-64 LOT 63 ASSESSOR'S PLAT NO. 6. |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
5,561 |
15,942 |
42,892 |
| Median Age: |
41.81 |
41.81 |
39.71 |
| Households: |
2,497 |
6,026 |
16,501 |
|
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