Prime Downtown A2 Retail Space

Retail-Commercial for Lease
Catylist Listing ID: 30597991
Property Subtypes: Mixed Use, Restaurant, Street Retail, Other
Contiguous Space: 3,000 - 10,300 SF
Gross Building Area: 18,471 SF
Gross Land Area: 0.14 Acres
Lease Rate: $29.50 PSF (Annual)
Base Monthly Rent: $25,320
Lease Types: NNN
Building Name: Carver-Gunn Building
Last Updated: 5/22/2023

Overview / Comments

Downtown Ann Arbor corner location on Liberty and Thompson. Great downtown & U of M Campus location with loads of foot and auto traffic surrounded by established businesses. On street parking and within a couple of blocks to 2 public parking garages.

Expand All Available Space

Suite: 1 10,300 SF $29.50 PSF (Annual) NNN
Level/Floor: 1
Space Available: 10,300 SF
Minimum Divisible: 3,000 SF
Lease Rate: $29.50 PSF (Annual)
$25,320 (Monthly)
Lease Type: NNN
Space Description: Stunning light-filled retail space w/ high ceilings and great finishes on busy downtown corner location. Tons of storefront frontage on Liberty Street.

Between 3,000-5,600 SF available on main level, additional 5,700 SF in LL/basement for a total of 10,300 SF.

$29.50 PSF lease rate applies to leasing 5,600 SF on main level. Leasing less SF will increase the PSF. Reach out to listing agent for additional information.
Space Subcategory: Mixed Use
Date Available: 7/12/2021
Lease Term: 60 Months
Space Type: Relet
Kitchen Yes

Additional Details

Nearest MSA: Ann Arbor
County: Washtenaw
Submarket/Township: Washtenaw W of 23
Taxing Authority: City of Ann Arbor
Tax ID/APN: 09-09-29-109-001
Zoning: D1
Retail Clientele: General, Family, Business, Traveler, Tourist, Convention, Other
Property Located Between: E Liberty Street & Thompson Street
Property Visibility: Excellent
Largest Nearby Street: Liberty Street
Highway Access: M-14, I-94
Airports: Ann Arbor Airport, Willow Run & Detroit Metro
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 3
Property Condition: Good
Year Built: 1966
Roof Type: Flat
Construction/Siding: Steel Frame
Parking Type: Other
Parking Description: On street parking & public parking structure
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Package Unit
Internet Access: Cable
Zoning Description: 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.
Water Service: Municipal
Sewer Type: Municipal
Easements: Other
Legal Description: PRT NE 1/4 SEC 29 T2S R6E BEG INTER SL E LIBERTY & EL THOMPSON ST TH ELY 132.61 FT TH SLY DEF 86 DEG 45 MIN RT 42.33 FT TH WLY DEF 89 DEG 53 MIN RT 132.41 FT TH NLY DEF 90 DEG 7 MIN RT 50.11 FT TO POB

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 35,823 114,509 164,587
Median Age: 25.28 33.37 34.28
Households: 11,955 46,779 68,223

Contact

Photograph of Listing Agent

James H. Chaconas

Colliers International
CPIX Member
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