Corner Retail and Medical Office
For Sale
Contact for pricing
1880-1898 W Stadium Blvd, Ann Arbor, MI 48103
Corner property with first-floor suites featuring direct entries and available building signage.
Property Size22,293 SF
Price / SF$201.86
Days on Market465
Property Features for 1880-1898 W Stadium Blvd
General Information
Standard status
Active
Size
22,293 SF
Property subtype
RETAIL
Site & Location
Neighborhood
South Maple Group
Amenities
building signage available
Listing Agency:
Hanna Commercial Real Estate | Ann Arbor
(734) 222-0418
Listed By:
David Mrachko · License #SAL.2012003123
(216) 214-1197
Source:
Moodyscre
Added: Jul 22, 2025
Changed: Oct 26
Last Checked: Oct 28 at 11:29AM
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
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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
Estimated NOI and Cap Rate
NOI / Yr
$264,038
Cap Rate
5.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,280,760
$5.3M
Cap Rate 7%
$3,771,971
$3.8M
Cap Rate 9%
$2,933,756
$2.9M
Market Conditions
NOI Build-Up for 22,293 SF
Gross rent
$401.3K $18.00/SF
− Vacancy
−$24.1K −$1.08/SF
EGI
$377.2K $16.92/SF
− OpEx
−$113.2K −$5.08/SF
NOI
$264.0K $11.84/SF
Area
Ann Arbor, MI
Vacancy
6.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,280,760
Cap Rate 7%
$3,771,971
Cap Rate 9%
$2,933,756
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.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
728
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Midwest region
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
