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    3365 Washtenaw Ave Ann Arbor, MI 48104

    Sponsored
    For Lease
    $30 SF/Yr

    Ann Arbor Retail Space Available

    Lot size:
    23,362 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    Chalmers Place, a Class B retail strip center and mixed-use property in Ann Arbor's Washtenaw W of 23 submarket, presents a prime opportunity for businesses seeking high-visibility locations. This single-building property, constructed in 2006, totals 23,362 square feet and features three suites. Currently, 3,603 square feet of contiguous space is available, with a minimum divisible space of 1,084 square feet. The center enjoys an excellent location on high-traffic Washtenaw Avenue, offering easy ingress and egress from both Washtenaw Avenue and Chalmers Drive. Its strategic placement provides strong visibility and accessibility for customers. The property benefits from proximity to established national tenants such as Red Wing Shoes, Vitamin Shoppe, Hungry Howie's, and Detroit Wing Company, as well as other successful retailers including Whole Foods, Old Navy, and Barnes & Noble. Furthermore, Chalmers Place is surrounded by robust residential neighborhoods, ensuring a consistent customer base. Its convenient location offers quick access to US-23, downtown Ann Arbor, the University of Michigan campus, and surrounding communities. The property is locally owned and managed, ensuring responsive and attentive property management. The APN is 09-12-02-200-013. This is an exceptional opportunity to establish or expand your business in a thriving Ann Arbor location.

    Property Features for 3365 Washtenaw Ave

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    23,362 SF
    Class
    B
    Total Rate
    58405

    Building Details

    Year Built
    2006
    Buildings
    1

    Unit(s) available at that property

    Space
    Suite F North
    Size
    3,603 SF
    Rate per SF
    $30
    Space
    Suite G
    Size
    3,603 SF
    Rate per SF
    $30
    Space
    Suite F South
    Size
    3,603 SF
    Rate per SF
    $30

    HighLights

    • 23,362 SF Class B retail strip center with mixed‑use potential.
    • Three suites available, ranging from 1,084 SF to 3,603 SF contiguous.
    • 3,603 SF of vacant space immediately available.
    • Located on high‑traffic Washtenaw Ave in Ann Arbor, near US‑23, downtown, and the University of Michigan.
    • Strong surrounding retail and residential demographics, including national tenants.
    • Built in 2006.
    Property Profile Location Intelligence

    Current Use by Public Records

    Jimmy John's Caterer VITAstir - Semaglutide Clinic Medical Clinic Integrated Sexual Health Counselor Lady Jane's Haircuts ... Barber Shop Hungry Howie's Pizza Pizza Delivery

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ann Arbor
    County
    Washtenaw
    State
    Michigan
    Longitude
    -83.69249553
    Latitude
    42.25625522

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    FAQs

    What type of property is this?
    Neighborhood center - Ann Arbor Retail Space Available
    Where is this neighborhood center located?
    The property is located at 3365 Washtenaw Ave Ann Arbor, MI.
    What is the lease rate?
    The lease rate is $30 SF/Yr.
    What are key features of this property?
    This property features: 23,362 SF Class B retail strip center with mixed-use potential.; Three suites available, ranging from 1,084 SF to 3,603 SF contiguous.; 3,603 SF of vacant space immediately available.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3365 Washtenaw Ave Ann Arbor, MI 48104
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