Single-Tenant NNN Convenience
New
For Sale
$5,712,361
2020 West Stadium Boulevard, Ann Arbor, MI 48103
Convenience retail and fuel property leased under an Absolute NNN structure with long-term occupancy and contractual annual increases.
Property Size2,334 SF
Lot Size0.79 Acres
Price / SF$2,447
Days on Market6
Property Features for 2020 West Stadium Boulevard
General Information
Standard status
Active
Size
2,334 SF
Lot size
0.79 Acres
Property subtype
Retail - Freestanding
Net Operating Income
$299,899
Financials
Asking Price
$5,712,361
Cap Rate
5.25%
Additional Details
Road Access
Yes
Building Details
Building Size
2,334 SF
Buildings
1
Tenancy
Single
Listing Agency:
Fortis Net Lease
(248) 254-3406
Listed By:
Robert Bender · License #6501323470
Source:
Commercialcafe
Added: Aug 25
Changed: Aug 30
Last Checked: Aug 30 at 3:29AM
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 Fortis Net Lease
Investment Insights
Based on property information with market context.
This single-tenant convenience store occupies a 2,334-square-foot retail building on 0.79 acres at 2020 West Stadium Boulevard in Ann Arbor, Michigan. The property operates under an Absolute NNN lease, placing landlord responsibilities with the tenant. The lease began December 11, 2025, and runs through December 31, 2040, with 1.0% annual rent increases. The occupant is identified as 7-Eleven (Speedway), a nationally recognized convenience store operator.
The site is positioned on West Stadium Boulevard, described as a major commercial corridor in Ann Arbor. Interstate 94 and U.S. Highway 23 provide regional connections, while the surrounding context includes residential neighborhoods, retail centers, and the University of Michigan. The property carries a 5.25% capitalization rate and offers a passive ownership structure through its lease obligations.
The site is positioned on West Stadium Boulevard, described as a major commercial corridor in Ann Arbor. Interstate 94 and U.S. Highway 23 provide regional connections, while the surrounding context includes residential neighborhoods, retail centers, and the University of Michigan. The property carries a 5.25% capitalization rate and offers a passive ownership structure through its lease obligations.
Key Highlights
- 2,334‑square‑foot retail building on 0.79 acres
- Absolute NNN lease with no landlord responsibilities
- Lease term runs from December 11, 2025, through December 31, 2040
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,080
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
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Convenience retail and fuel property leased under an Absolute NNN structure with long-term occupancy and contractual annual increases.
Where is this nnn property located?
The property is located at 2020 West Stadium Boulevard Ann Arbor, MI.
What is the asking price?
The asking price for this property is $5,712,361.
What are key features of this property?
This property features: 2,334‑square‑foot retail building on 0.79 acres; Absolute NNN lease with no landlord responsibilities; Lease term runs from December 11, 2025, through December 31, 2040
