Corner Retail and Medical Office
1880-1898 W Stadium Blvd Ann Arbor, MI 48103
For Sale
Contact for pricing
Corner property with first-floor suites featuring direct entries and available building signage.
Property Size22,293 SF
Price / SF$201.86
Days on Market371
Property Features for 1880-1898 W Stadium Blvd
General Information
Standard status
Active
Size
22,293 SF
Property subtype
RETAIL
Listing Agency:
Hanna Commercial Real Estate | Ann Arbor
(216) 214-1197
Listed By:
David Mrachko · License #2012003123
(216) 214-1197
Source:
Moodyscre
Added: Jul 22, 2025
Changed: Jul 25
Last Checked: Jul 26 at 2:39PM
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 Hanna Commercial Real Estate | Ann Arbor
Investment Insights
Based on property information with market context.
This high-profile mixed retail/office/medical property features first-floor spaces with direct suite entry. The building signage is available, supporting visible branding for businesses operating from the ground level.
The asset is located on a corner with a traffic signal, which can support convenient access and prominent street exposure for occupants and customers.
With a combination of retail, office, and medical office space, the building offers flexible in-building options for users seeking ground-floor direct entry convenience.
The asset is located on a corner with a traffic signal, which can support convenient access and prominent street exposure for occupants and customers.
With a combination of retail, office, and medical office space, the building offers flexible in-building options for users seeking ground-floor direct entry convenience.
Key Highlights
- High‑profile retail/office/medical property
- Corner location with a traffic signal
- First‑floor suites with direct suite entry
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $401.3k | $18.00 |
| − Vacancy | −$24.1k | −$1.08 |
| EGI | $377.2k | $16.92 |
| − OpEx | −$113.2k | −$5.08 |
| NOI | $264.0k | $11.84 |
22,293 SF · lease $18.00/SF/yr · vacancy 6.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$3.77M
$3.30M – $4.40M
NOI $264,038 @ 7.0% cap · market cap 5.87%
Second Best
Office B
$3.58M
$3.13M – $4.17M
NOI $250,455 @ 7.0% cap · market cap 5.57%
Theoretical Best
Office A
$4.92M
$4.31M – $5.74M
NOI $344,646 @ 7.0% cap · market cap 7.66%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Retail space - Corner property with first-floor suites featuring direct entries and available building signage.
Where is this retail space located?
The property is located at 1880-1898 W Stadium Blvd Ann Arbor, MI.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: High‑profile retail/office/medical property; Corner location with a traffic signal; First‑floor suites with direct suite entry
