Cap Rate
5.15%
Year Built
2025
Leasable Area
6,200 SF
Term Remaining
±15 YRS
NOI
$247,974
Property Type
Retail
INVESTMENT HIGHLIGHTS
- Near University of Michigan – The subject property is located near the University of Michigan with over 50,000 students enrolled, establishing a stable market with long term security.
- Attractive Investment Grade Tenant and Lease with Rent Growth – Featuring a full NNN corporately guaranteed lease with an investment grade tenant (S&P Global Rating of ‘A’) and rent escalations every 5 years.
- High Traffic & Visibility – Strategically positioned on Jackson Rd and right off of I-94, a major thoroughfare connecting Detroit and Chicago with over 66,000 VPD.
- Affluent & Growing Market – Ann Arbor boasts a high 5-mile income of $140K and a robust economy, ensuring demand for premium auto services.
- Proximity to Major Employers – The University of Michigan, Michigan Medicine, and top tech firms provide a steady customer base.
- Retail Synergy – Surrounded by national retailers like Meijer, Target, Costco, and Lowe’s, Panera Bread, Arby’s, Menards, Wendy’s, CVS, Sherwin Williams, increasing consumer foot traffic.
- Growing Population – Since 2000, Ann Arbor’s population has grown by about 8.6%..
- Vehicle Dependence – Despite public transit options, Ann Arbor residents primarily rely on personal vehicles, creating a strong customer base.
- Business-Friendly Market – Washtenaw County fosters economic growth, making it ideal for national brands like Firestone.
- Auto-Mall Drive Adjacent – Immediately adjacent to Auto Mall Drive on Jackson Rd. featuring Ann Arbor’s premier new car dealership corridor with at least 9 auto dealerships.
Broker of Record
- Matt Fitzgerald
- License No. 6505432273 (MI)
- (866) 889-0550
- Matthews Real Estate Investment Services, Inc
- 1600 West End,
Ste. 1500 Nashville, TN 37203