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Liberty Square 213-289 E Liberty St 439 - 5,979 SF of Space Available in Ann Arbor, MI 48104
Highlights
- Located in central downtown Ann Arbor, steps from the University of Michigan campus
- Neighbored by popular restaurants and retail shops
- Upper level office space with fantastic views
- Highly trafficked street and sidewalk offers great exposure
- Underground and above-ground parking structures one block away
- Lower level retail space with high visibility signage and accessibility
Space Availability (4)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| Lower Level, Ste 231 | 439 SF | Negotiable | $30.00 /SF/YR $2.50 /SF/MO $13,170 /YR $1,098 /MO | Modified Gross | ||
| 1st Floor, Ste 251 | 2,989 SF | Negotiable | $45.00 /SF/YR $3.75 /SF/MO $134,505 /YR $11,209 /MO | Triple Net (NNN) | ||
| 2nd Floor, Ste 279 | 818 SF | Negotiable | $31.00 /SF/YR $2.58 /SF/MO $25,358 /YR $2,113 /MO | Modified Gross | ||
| 2nd Floor, Ste 287 | 1,733 SF | Negotiable | $31.00 /SF/YR $2.58 /SF/MO $53,723 /YR $4,477 /MO | Modified Gross |
Lower Level, Ste 231
Located in the heart of downtown Ann Arbor, 255 East Liberty Street offers a rare opportunity along one of the city's most active pedestrian corridors. Positioned on Liberty Street between Main Street and South State Street, the property benefits from exceptional visibility and consistent foot traffic generated by students, residents, office workers, and visitors. Surrounded by a dynamic mix of restaurants, retailers, entertainment venues, and University of Michigan activity, the location provides direct access to Ann Arbor's vibrant downtown energy. The available space is ideal for boutique retail, service-oriented users, or specialty concepts seeking a highly walkable and centrally located address.
- Listed rate may not include certain utilities, building services and property expenses
- Located in downtown Ann Arbor
- Highly trafficked location offers great exposure
- Multiple parking structures nearby
1st Floor, Ste 251
Liberty Plaza is a fantastic location for restaurant operators seeking a presence in downtown Ann Arbor. This restaurant opportunity is ideally positioned on the corner of E Liberty and S Fifth Ave, providing a steady stream of vehicle and pedestrian traffic. Liberty Plaza's brick exterior and abundance of tall windows give an air of charm and uniqueness. Because of its downtown Ann Arbor location, Liberty Plaza seamlessly connects you to the pulse of the area's first-class bars and restaurants. This space comes equipped with a Type I hood, existing commercial kitchen infrastructure, a 98-seat dining room, and 400-amp electrical service providing a move-in ready restaurant opportunity.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Mostly Open Floor Plan Layout
2nd Floor, Ste 279
**5% Broker Commission** Liberty Plaza is a fantastic location for businesses looking to relocate to downtown Ann Arbor. Lower level retail and second-story office spaces in this building are perfect for organizations that want high visibility and a steady stream of passersby. Liberty Plaza's brick exterior and abundance of tall windows give an air of charm and uniqueness. Because of its downtown Ann Arbor location, Liberty Plaza seamlessly connects you to the pulse of the area's world-class bars and restaurants.
- Listed rate may not include certain utilities, building services and property expenses
2nd Floor, Ste 287
**5% Broker Commission** Located in downtown Ann Arbor, steps from the University of Michigan campus Upper level office space with plenty of natural light and high ceilings Main floor plus a mezzanine allows for a flexible office layout Neighbored by popular restaurants and retail shops Underground and above-ground parking structures one block away Streamlined leasing experience for convenience and ease Professionally managed with 24/7 on-call emergency maintenance
- Listed rate may not include certain utilities, building services and property expenses
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Property Facts
| Total Space Available | 5,979 SF | Gross Leasable Area | 24,319 SF |
| Property Type | Retail | Year Built/Renovated | 1920/1979 |
| Property Subtype | Storefront Retail/Office |
| Total Space Available | 5,979 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 24,319 SF |
| Year Built/Renovated | 1920/1979 |
About the Property
Liberty Plaza is a fantastic location for businesses looking to relocate to downtown Ann Arbor. Lower level retail and second-story office spaces in this building are perfect for organizations that want high visibility and a steady stream of passersby. Liberty Plaza's brick exterior and abundance of tall windows give an air of charm and uniqueness. Because of its downtown Ann Arbor location, Liberty Plaza seamlessly connects you to the pulse of the area's world-class bars and restaurants
Nearby Major Retailers
