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Retail Space in Stone Plaza
For Lease
$26 SF/Yr NNN

4001 Stone School Rd 4059, Ann Arbor, MI 48108

1,200 SF retail space available in Ann Arbor.

Space SizeContact for details
Days on Market112

Property Features for 4001 Stone School Rd 4059

General Information

Standard status Active
Property subtype Commercial

Building Details

Year Built 2002
Units 7
Listing Agency: Beal Properties LLC
Listed By: Abby Chase
Source: Elliman
Added: Apr 28 Changed: Aug 8 Last Checked: Aug 8 at 7:00AM

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 Beal Properties LLC

Investment Insights

Based on property information with market context.

A 1,200 square foot retail space is available for rent at Stone Plaza, located at 4055 Stone School Rd in Ann Arbor. The unit is being created by subdividing a larger space, and it is the right-side unit with the lighter concrete floor. The left side is being absorbed by the neighboring nail salon. The landlord will provide build-out, including flooring, drywall, a restroom, and ceiling and lighting options based on tenant needs. Additional tenant improvements are negotiable. The neighborhood plaza has strong daily traffic and established tenants, including Ahmo's Mediterranean Grill. The ownership is local and experienced, with in-house property management and construction teams for efficient build-outs and ongoing maintenance. The location is ideal for a tanning salon, tobacco/vape shop, beauty or wellness services, specialty retail, and other neighborhood-serving uses, subject to zoning. The lease rate is $26.00 per square foot NNN, plus $4.50 per square foot NNN. Flexible lease terms are available. The bike score is 57, indicating it is bikeable. The walk score is 35, indicating it is car-dependent. The transit score is 34, indicating some transit options are available.

Key Highlights

  • Landlord‑provided build‑out including flooring, drywall, restroom, ceiling and lighting based on tenant needs.
  • Located in a well‑trafficked neighborhood plaza with established tenants.
  • Flexible lease terms available.**

Property Analytics

Current Use

Ahmo's Gyros & Deli Restaurant

Suggested Use

Top Pick Restaurant Real Estate Agency Dental Office Law Firm Auto Repair Shop Building Supply

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

Location Intelligence

Trade Area within ½ mile

482
Businesses Nearby

Demographics for 48108, MI

26,639
Population
12,508
Households
2.1
Avg Household Size
37
Median Age
65%
College-Educated
96%
High-School Grad
16.8 sq mi
ZIP Area
1,586
Density / Sq Mi
$80,425
Median Household Income
$46,434
Median Earnings
$1,316
Median Rent
$378,300
Median Home Value

Market

Lease Benchmarks for Ann Arbor, MI

$23.54 /SF/Yr
Avg Asking Price
$1.3–$55 /SF/Yr
Price Range
7,656 SF
Avg Space Size

This space is priced 10% above the average of $23.54 /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 - 1,200 SF retail space available in Ann Arbor.
Where is this retail space located?
The property is located at 4001 Stone School Rd 4059 Ann Arbor, MI.
What is the lease rate?
The lease rate is $26 SF/Yr.
What are key features of this property?
This property features: Landlord‑provided build‑out including flooring, drywall, restroom, ceiling and lighting based on tenant needs.; Located in a **well‑trafficked neighborhood plaza with established tenants.**; Flexible lease terms available.**
More about this property
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