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Retail Space on Washtenaw Avenue
For Lease
$15 SF/Yr

2888 Washtenaw Avenue, Ypsilanti, MI 48197

Retail space for rent in well-maintained plaza near US-23.

Space Size1,151 SF
Property Size3,427 SF
Days on Market171

Property Features for 2888 Washtenaw Avenue

General Information

Standard status Active
Size 1,151 SF
Property subtype Retail
Lease Term NNN

Building Details

Building Size 3,427 SF

Spaces For Lease

at 2888 Washtenaw Avenue Contact us

28988 $15/SF/Yr

Size
1,151 SF
Term
Negotiable
Contact us
Listing Agency:
Listed By: Jason Um
Source: Lee-associates
Added: Mar 4 Changed: Aug 8 Last Checked: Aug 22 at 5:16AM

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 Jason Um

Investment Insights

Based on property information with market context.

This retail space is available for rent in a well-maintained plaza. The location is considered prime, situated on Washtenaw Avenue, west of US-23. The plaza features a diverse mix of retail and office tenants. On-site property management is provided. Ample parking is available for customers and employees. The property offers easy accessibility to US-23 and is located close to the University of Michigan, Eastern Michigan University, downtown Ann Arbor, and downtown Ypsilanti. The asking rent is $15 per square foot.

Key Highlights

  • Prime location on Washtenaw Ave, west of US‑23
  • Easily accessible to US‑23
  • Close proximity to U of M, EMU, Downtown Ann Arbor, and Downtown Ypsilanti

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon HVAC Service Auto Repair Shop Spa & Massage Center

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
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

35
Businesses Nearby

Demographics for 48197, MI

67,895
Population
28,649
Households
2.4
Avg Household Size
33
Median Age
47%
College-Educated
94%
High-School Grad
41.2 sq mi
ZIP Area
1,648
Density / Sq Mi
$70,913
Median Household Income
$39,314
Median Earnings
$1,203
Median Rent
$274,100
Median Home Value

Market

Lease Benchmarks for Ypsilanti, MI

$19.81 /SF/Yr
Avg Asking Price
$15–$24 /SF/Yr
Price Range
10,631 SF
Avg Space Size

This space is priced 24% below the average of $19.81 /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
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space for rent in well-maintained plaza near US-23.
Where is this retail space located?
The property is located at 2888 Washtenaw Avenue Ypsilanti, MI.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: Prime location on Washtenaw Ave, west of US‑23; Easily accessible to US‑23; Close proximity to U of M, EMU, Downtown Ann Arbor, and Downtown Ypsilanti
More about this property
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