Catylist ID:
#30775292
Platt / Ellsworth Retail Plaza for Lease in Ann Arbor
Retail-Commercial
for Lease
| Catylist Listing ID: | 30775292 |
| Property Subtypes: | Street Retail |
| Contiguous Space: | 1,200 SF |
| Building Size (RSF): | 8,400 SF |
| Gross Land Area: | 0.59 Acres |
| Lease Rate: |
$17 PSF (Annual) |
| Base Monthly Rent: | $1,700 |
| Lease Types: | NNN |
| Ceiling: | 10.5 ft. |
| In Opportunity Zone? | Yes |
| Building Name: | Platt / Ellsworth Retail Plaza |
| Last Updated: | 2/3/2023 |
Overview / Comments
|
1,200 SF retail space in high-visibility retail center available. Corner of Platt and Ellsworth Roads, two high-traffic-count streets in southeast Ann Arbor. Near residential areas, parks and ball fields. Neighboring businesses include Biggby Coffee, La Pina Loca desserts, A2 Phone Repair, Mi Juice Garden, and Al Madina Trading high fashion and imports. Suite B has faux-wood flooring, office/storage room and break area already in place. Additional parking for tenant's employees available directly across Platt Road. |
Attachments & Media
Expand All Available Space
| Suite: B | 1,200 SF | $17 PSF (Annual) NNN |
| Level/Floor: | 1 | |
| Space Available: | 1,200 SF | |
| Lease Rate: |
$17 PSF (Annual) $1,700 (Monthly) |
|
| Lease Type: | NNN | |
| Space Description: | Great retail space. High ceilings, faux-wood flooring, office/storage room and employee area already in place. . | |
| Space Subcategory: | Strip Center, Neighborhood Center | |
| Date Available: | 11/29/2021 | |
| Lease Term: | 36 Months | |
| Space Type: | Relet | |
| CAM Expenses | $4 PSF (Annual) | |
| Rent Escalators | Step-Up Lease | |
| Rent Escalators Description | CPI or equivalent. | |
Additional Details
| Nearest MSA: | Ann Arbor |
| County: | Washtenaw |
| Submarket/Township: | Washtenaw W of 23 |
| Submarket Type: | Suburban |
| Taxing Authority: | City of Ann Arbor |
| Tax ID/APN: | 09-121-040-10-20 |
| Zoning: | C-1 - LOCAL BUSINESS DISTRICT |
| Market Type: | Medium |
| Retail Clientele: | General, Family |
| Property Located Between: | NW Corner Platt & Ellsworth Roads |
| Side of Street: | West |
| Road Type: | Paved |
| Property Visibility: | Excellent |
| Largest Nearby Street: | Ellsworth |
| Transportation: | Bus |
| Highway Access: | I-94, US-23, M-14, US-12 |
| Airports: | DTW, ANN ARBOR, FLINT, TOLEDO |
| Site Description: | Flat site, at traffic light, north-west corner of major intersection. |
| Area Description: | The Ann Arbor area is a friendly community with big-city sophistication; a world-class educational and high-tech research center nestled in a quintessential college town; a close-knit community of charming neighborhoods with a rich mix of cultures. The Ann Arbor campus has plenty to inspire and entertain. Ranked as the #2 Best College Town in America, Ann Arbor and the University of Michigan go together like Maize and Blue! With more than 43,000 undergrad and graduate students, campus life is interwoven with city life. Ann Arbor is a successful tech hub, attracting entrepreneurs, start-ups and tech giants such as Google. The talent pool and resources rival that of Silicon Valley but with a Midwestern culture and relatively lower cost of living than the Bay Area or New York City. Ann Arbor is the perfect climate for tech companies to find success, stability and growth. Although geographically small, the area is perhaps most renowned for its entertainment, athletics, cultural offerings, dining experiences and nightlife. On almost any given weekend, a visit to Ann Arbor will coincide with one of the many festivals and special events hosted in Ann Arbor. Two of the most recognizable traditions are the Ann Arbor Art Fair and University of Michigan football. Every July, the award-winning Ann Arbor Art Fair transforms the downtown streets into an art gallery featuring thousands of juried artists. In the fall, each football Saturday brings more than 100,000 people to town for tailgating and fill "The Big House" to watch the University of Michigan Wolverines. In the winter, holiday light festivals and the Ann Arbor Folk Festival are always crowd pleasers. April brings the thaw and a weekend unlike any other as we celebrate whimsy during FoolMoon and FestiFools. Described as an urban oasis, the Ann Arbor area is also the perfect four season destination for outdoor enthusiasts. You'll discover golf courses, trails groomed for hiking and cross-country skiing, some of the best canoeing and kayaking in southeastern Michigan along the twelfth nationally recognized water trail — the Huron River. |
| Tenancy: | Multiple Tenants |
| Total Number of Buildings: | 1 |
| Number of Stories: | 1 |
| Property Condition: | Good |
| Year Built: | 2013 |
| Roof Type: | Flat |
| Construction/Siding: | Brick |
| Total Parking Spaces: | 21 |
| Parking Type: | Surface |
| Parking Description: | Parking in front of stores, enter from either Platt or Ellsworth Rds. Additional tenant/employee parking available across the street (same owner). |
| Heat Source: | Ceiling Units |
| Air Conditioning: | Engineered System, Package Unit |
| Internet Access: | Cable |
| Zoning Description: | 5:10.15. - C-1 local business district. (1) Intent. A business district designed solely to serve the needs of the surrounding residential neighborhood, providing goods that are day-to-day needs and are classed by merchants as "convenience goods and services." The normal spacing between these shopping districts is approximately 1 mile, and the total land area averages 2 acres. Businesses which might tend to be a nuisance to the immediately surrounding residential development are excluded, even though the goods or services offered might be in the convenience category or classification. The regulations are designed to permit development of the enumerated functions as limited by the standards designed to protect the abutting or surrounding residential land. To these ends, the regulations establish standards comparable to the standards for residential districts resulting in similar area, height and placement regulations. (2) Permitted principal uses. (a) Any permitted principal use in the R4 multiple-family dwelling districts. (b) Any permitted principal use in the "O" office district, subject to the regulations of the office district, provided each such use occupies a total gross floor area of not more than 8,000 square feet. (c) Retail sales of the following; provided each such use occupies a total gross floor area of not more than 8,000 square feet. 1.Food. 2.Apparel and accessory items. 3.Food and beverages at eating and drinking places having a total seating capacity of not more than 50 seats. 4.Variety and general merchandise. 5.Furniture, home furnishings and equipment stores. 6.Auto parts items without service. 7.Hardware and paint, glass and wallpaper. 8.Miscellaneous retail items including but not limited to: drugs, alcoholic beverages from S.D.D. and S.D.M. licensed establishments; antiques; flowers; pets without outdoor facilities; bicycles and service; sporting goods; jewelry; gifts and novelties; books; cameras; other shopping goods stores. (d) Shops providing the following personal services including but not limited to the following, provided each use occupies a total gross floor area of not more than 8,000 square feet. 1.Barber and beauty. 2.Dry-cleaning, laundry pick-up service and self-serve. 3.Shoe shine and shoe repair. 4.Garment alteration and repair. 5.Photography. (e) Permanent outdoor sales or display of goods and services that are sold on a regular basis from within the principal building on the same lot, if the sales or display area is shown on an approved site plan. (f) Temporary outdoor sales or outdoor display of goods and services that are sold on a regular basis from within the principal building on the same lot, if the following standards are met: 1.The outdoor sales or outdoor display area shall not exceed 10% of the gross floor area of the principal building. 2.The activity shall not be located in any required front, side or rear open space. 3.The activity may be conducted for periods of up to 180 days in any 1 calendar year. |
| Water Service: | Municipal |
| Sewer Type: | Municipal |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 8,080 | 76,387 | 186,788 |
| Median Age: | 34.41 | 32.79 | 33.65 |
| Households: | 3,422 | 32,592 | 76,949 |
Contact
Joseph Palms, CCIMSwisher Commercial |
| The information presented herein is provided as is, without warranty of any kind. Neither Commercial Property Information Exchange (CPIX) nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions. |
