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Neighborhood Retail Suite with Build-Out
For Lease
$26 SF/Yr CAM $4.50 /USD/SF/YR

4001 Stone School Road, Ann Arbor, MI 48108

COMMERCIAL - Ann Arbor, MI

Space Size1,200 SF
Lot Size5.00 Acres
Days on Market200

Property Features for 4001 Stone School Road

General Information

Property type Commercial Lease
Property subtype Retail
Fireplace 1
Elementary school district Ann Arbor
Middle school district Ann Arbor
High school district Ann Arbor
Standard status Active
APN L-12-15-250-007
Size 1,200 SF
Lot size 5.00 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description PI 15-7B-2A-1 (004) BEG AT NW COR OF SEC 15, TH N 87-55-00 E 331.50 FT, TH S 01-04-30 E 657.26 FT, TH S 87-55-00 W 331.50 FT, TH N 01-04-30 W 657.26 FT TO POB PART NW 1/4 SEC 1 T3S R6E 5.00 AC
Legal Description PI 15-7B-2A-1 (004) BEG AT NW COR OF SEC 15, TH N 87-55-00 E 331.50 FT, TH S 01-04-30 E 657.26 FT, TH S 87-55-00 W 331.50 FT, TH N 01-04-30 W 657.26 FT TO POB PART NW 1/4 SEC 1 T3S R6E 5.00 AC

Utilities

Utilities Electricity Available
Heating system Forced Air

Amenities

landlord-provided build-out
in-house property management and construction teams

Building Details

Year built 2002
Listing Agency: Beal Properties LLC
Listed By: Abby Chase
Added: Feb 2 Changed: Aug 4 Last Checked: Aug 21 at 2:06AM
MLS# 26004069

Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1,200-square-foot retail suite is being formed from a larger space at Stone Plaza, with the right-side unit designated for occupancy. The landlord will provide a build-out that includes flooring, drywall, a restroom, and ceiling and lighting selections based on tenant requirements. Additional tenant improvements are negotiable. Forced-air heating and electricity availability are noted, and the property was built in 2002.

Stone Plaza occupies a 5-acre site in Ann Arbor and includes established occupants such as Ahmo's Mediterranean Grill. Local ownership provides in-house property management and construction capabilities for build-out coordination and ongoing maintenance. The suite is positioned for neighborhood-serving retail and service uses, subject to zoning.

Key Highlights

  • 1,200 SF retail suite being created within a larger space
  • Landlord‑provided flooring, drywall, restroom, ceiling, and lighting options
  • Additional tenant improvements are negotiable

Property Analytics

Current Use

Ahmo's Gyros & Deli Restaurant

Suggested Use

Top Pick Restaurant Real Estate Agency Dental Office Law Firm Auto Repair Shop Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$3.90 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

482
Businesses Nearby

Demographics for 48108, MI

26,639
Population
12,508
Households
2.1
Avg Household Size
37
Median Age
65%
College-Educated
96%
High-School Grad
16.8 sq mi
ZIP Area
1,586
Density / Sq Mi
$80,425
Median Household Income
$46,434
Median Earnings
$1,316
Median Rent
$378,300
Median Home Value

Market

Lease Benchmarks for Ann Arbor, MI

$21.3 /SF/Yr
Avg Asking Price
$1.3–$30 /SF/Yr
Price Range
6,924 SF
Avg Space Size

This space is priced 22% above the average of $21.3 /SF/Yr.

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Right-side suite in a neighborhood plaza with landlord-provided improvements tailored to tenant needs.
Where is this retail space located?
The property is located at 4001 Stone School Road Ann Arbor, MI.
What is the lease rate?
The lease rate is $26 SF/Yr.
What are key features of this property?
This property features: 1,200 SF retail suite being created within a larger space; Landlord‑provided flooring, drywall, restroom, ceiling, and lighting options; Additional tenant improvements are negotiable
More about this property
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