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Updated Open-Plan Retail Suite
For Lease
$3,000/Mo

1954 S Industrial Hwy, Ann Arbor, MI 48104

Fresh finishes, private offices, storage, and a dedicated restroom support retail or service operations.

Space Size3,000 SF
Days on Market103

Property Features for 1954 S Industrial Hwy

General Information

Standard status Active
Size 3,000 SF
Net Rentable 3,000 SF
Property subtype Retail

Space & Availability

Available Space 3,000 SF
Contiguous Space 3,000 SF
Space Use Retail
Available From Immediate

Amenities

private offices
dedicated restroom
ample storage
Listing Agency: Ann Arbor
Listed By: James Chaconas · License #6502358011
Source: Colliers
Added: May 22 Changed: Aug 29 Last Checked: Aug 31 at 12:43PM

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.

Suites A/B provide a 3,000-square-foot retail setting with an open floor plan, private offices, a dedicated restroom, and storage areas. Recent improvements include new flooring and fresh paint, creating a clean, updated interior suited to immediate occupancy.

The property is located at 1954 S Industrial Hwy in Ann Arbor, just south of W. Stadium Blvd. It is near downtown Ann Arbor and the South State Street corridor, with established neighborhoods, businesses, and retail destinations in the surrounding area. On-site parking is available for occupants and visitors.

Key Highlights

  • 3,000 SF of retail space within Suites A/B
  • Open floor plan with private offices, restroom, and storage
  • New flooring and fresh paint

Property Analytics

Current Use

The Family Learning Institute Tutoring Service Molly Maid of Ann ... Hardware & Home Improvement Books by Chance ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Restaurant Building Supply Big Box & Wholesale Store Nail Salon Pharmacy Hair Salon

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

NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

994
Businesses Nearby

Demographics for 48104, MI

41,588
Population
19,173
Households
2.2
Avg Household Size
27
Median Age
82%
College-Educated
98%
High-School Grad
7.8 sq mi
ZIP Area
5,332
Density / Sq Mi
$63,341
Median Household Income
$16,073
Median Earnings
$1,548
Median Rent
$481,600
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 44% below 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
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Frequently Asked Questions

What type of property is this?
Retail space - Fresh finishes, private offices, storage, and a dedicated restroom support retail or service operations.
Where is this retail space located?
The property is located at 1954 S Industrial Hwy Ann Arbor, MI.
What is the lease rate?
The lease rate is $3,000/Mo.
What are key features of this property?
This property features: 3,000 SF of retail space within Suites A/B; Open floor plan with private offices, restroom, and storage; New flooring and fresh paint
More about this property
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