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1750-1768 Plymouth Rd
Ann Arbor, MI 48105
Broadway Shopping Center · Retail Property For Sale
Investment Highlights
- EXCEPTIONAL LOCATION / UNIVERSITY OF MICHIGAN, NORTH CAMPUS: The subject property is adjacent to the University of Michigan North Campus.
- INTERNET RESISTANT TENANTS: The shopping center is comprised of service tenants at the site which caters well to the surrounding student population.
- CANNABIS LICENSE: The cannabis license of Cloud Cannabis Co. stays with the property and not the operator should the tenant ever vacate.
- LONG TERM TENANCY: 80% of the rent roll expires 2030/2031 offering ownership long term tenant stability at this site.
- ATTRACTIVE LEVERAGED RETURNS, VALUE-ADD POTENTIAL: The current capital markets will give investors different options for achieving attractive levera
Property Facts
Property Type
Retail
Property Subtype
Freestanding
Building Size
12,000 SF
Building Class
C
Year Built/Renovated
1989/2013
Percent Leased
55%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.18
Lot Size
1.52 AC
Zoning
C1 - Commercial
Parking
59 Spaces (4.91 Spaces per 1,000 SF Leased)
Frontage
140’ on Plymouth Rd
Amenities
- Bus Line
- Signage
Property Taxes
| Parcel Number | 09-21-104-044 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,246,200 |
Property Taxes
Parcel Number
09-21-104-044
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,246,200
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