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Mixed-Use Shopping Center Retail Space
For Lease
$2,200/Mo NNN

2803 Oak Valley Dr, Ann Arbor, MI 48103

Retail or office space is available with approximately 1,375 parking spaces at a center anchored by major national tenants.

Space SizeContact for details
Days on Market48

Property Features for 2803 Oak Valley Dr

General Information

Standard status Active
Total Parking Spaces 1375
Property subtype Retail
Lease Type NNN

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Tenancy Multi
Listing Agency: Ann Arbor
Listed By: Kevin LaPointe · License #6501458488
Source: Colliers
Added: Jul 24 Changed: Aug 13 Last Checked: Sep 8 at 3:26AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Ann Arbor

Investment Insights

Based on property information with market context.

Available for lease within a premier mixed-use shopping center offering retail or office space sized from 2,200 to 20,372 SF. The property is anchored by nationally recognized tenants including Target, Old Navy, Ross Dress for Less, Crunch Fitness, and Five Below. The center is professionally managed and well-maintained.

The location provides exposure along Ann Arbor-Saline Road, Oak Valley Drive, and Waters Road, with surrounding residential and multi-family communities. The center also offers convenient access to major destinations including I-94, Downtown Ann Arbor, and Michigan Stadium (The Big House), as well as the nearby community of Saline.

Space is available under a triple net (NNN) lease structure. Tenants benefit from ample parking, with approximately 1,375 spaces available on-site.

Key Highlights

  • Mixed‑use shopping center with 2,200 to 20,372 SF of retail or office space available.
  • Anchored by national tenants including Target, Old Navy, Ross Dress for Less, Crunch Fitness, and Five Below.
  • Approximately 1,375 parking spaces for tenant and customer use.

Property Analytics

Current Use

Everest Sherpa Restaurant Restaurant Oak Valley Center Shopping Center & Mall

Suggested Use

Top Pick HVAC Service Law Firm Kitchen & Bath Showroom Daycare Center Barber Shop (Bike/Boat/Book/etc) Store

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
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

489
Businesses Nearby
113k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Groceries 100%
Meijer Groceries
113,274 visits/mo 0.5 miles

Demographics for 48103, MI

55,605
Population
25,511
Households
2.2
Avg Household Size
40
Median Age
75%
College-Educated
97%
High-School Grad
66.5 sq mi
ZIP Area
836
Density / Sq Mi
$115,513
Median Household Income
$65,698
Median Earnings
$1,760
Median Rent
$455,100
Median Home Value

Market

Lease Benchmarks for Ann Arbor, MI

$16.75 /SF/Yr
Avg Asking Price
$1.3–$26 /SF/Yr
Price Range
4,873 SF
Avg Space Size

This space is priced 92% below the average of $16.75 /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
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Similar Off Market Nearby

  • Quick-Tag meijer, 3145 Ann Arbor-Saline Rd, Ann Arbor, MI 48103
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  • Sunglass Hut at Macy's 700 Briarwood Cir, Ann Arbor, MI 48108
  • Oak Valley Center 2803 Oak Valley Dr, Ann Arbor, MI 48103

Frequently Asked Questions

What type of property is this?
Shopping center - Retail or office space is available with approximately 1,375 parking spaces at a center anchored by major national tenants.
Where is this shopping center located?
The property is located at 2803 Oak Valley Dr Ann Arbor, MI.
What is the lease rate?
The lease rate is $2,200/Mo.
What are key features of this property?
This property features: Mixed‑use shopping center with 2,200 to 20,372 SF of retail or office space available.; Anchored by national tenants including Target, Old Navy, Ross Dress for Less, Crunch Fitness, and Five Below.; Approximately 1,375 parking spaces for tenant and customer use.
More about this property
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