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3000 Packard Rd 3,348 SF 100% Leased Retail Building Ann Arbor, MI 48108 $690,000 ($206.09/SF) 6.96% Cap Rate
Investment Highlights
- 3,348 square feet of commercial space, ideal for retail businesses
- Includes a Little Caesars franchise and a boxing gym, generating steady rental income
- Located on a busy road with 69 feet of frontage
Executive Summary
FULLY LEASED Prime Corner Investment in the Heart of Ann Arbor w/ ability to increase rents.
High-Visibility Retail Property with National Tenant
Don’t miss this rare opportunity to own a 3,348 sq. ft. commercial property located on a prominent corner in Ann Arbor, just minutes to downtown and University of Michigan campus. Anchored by a long-standing Little Caesars franchise and a Theatre, this property offers strong cash flow and long-term upside.
Whether you're an experienced investor or looking to enter the commercial market, this high-traffic, fully occupied property represents a low-maintenance, income-producing asset in one of Michigan’s most sought-after markets.
Inquire today to explore this exceptional opportunity!
*Please do not approach tenants or businesses
High-Visibility Retail Property with National Tenant
Don’t miss this rare opportunity to own a 3,348 sq. ft. commercial property located on a prominent corner in Ann Arbor, just minutes to downtown and University of Michigan campus. Anchored by a long-standing Little Caesars franchise and a Theatre, this property offers strong cash flow and long-term upside.
Whether you're an experienced investor or looking to enter the commercial market, this high-traffic, fully occupied property represents a low-maintenance, income-producing asset in one of Michigan’s most sought-after markets.
Inquire today to explore this exceptional opportunity!
*Please do not approach tenants or businesses
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
3,348 SF
Building Class
B
Year Built/Renovated
1965/2008
Price
$690,000
Price Per SF
$206.09
Cap Rate
6.96%
NOI
$48,000
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.77
Lot Size
0.10 AC
Zoning
C2B - Commercial Retail
Frontage
Amenities
- Bus Line
- Signage
Walk Score®
Very Walkable (71)
Bike Score®
Very Bikeable (73)
Nearby Major Retailers
Property Taxes
| Parcel Number | 12-11-208-017 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $230,100 |
Property Taxes
Parcel Number
12-11-208-017
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$230,100
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3000 Packard Rd
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