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    7001 Dexter Ann Arbor Rd Dexter, MI 48130

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    For Sale
    Contact for pricing

    44,250 SF Retail Center - Sale/Leaseback

    Property size:
    44,250 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 44,250 square foot shopping center in Dexter, Michigan, presents a unique investment opportunity. Located at 7001 Dexter Ann Arbor Road, 48130, this retail property is offered for sale with a leaseback option. The property features a triple-net (NNN) lease structure, simplifying ownership responsibilities. A significant portion of the center, a 19,000 square foot retail suite, is available for sale or lease individually. The owner is open to creating a condominium unit for the 19,000 square foot space to facilitate a more streamlined purchase. The property boasts a recently updated façade and new tenant entrances, enhancing curb appeal and tenant experience. Further enhancing the property's value and potential, a new children's play center is slated to open in an adjacent suite, promising increased foot traffic and revenue generation for the entire center. The current lease rate for the property is $11.95 per square foot, NNN. This prime location in Washtenaw County offers excellent visibility and accessibility, making it an attractive investment for both seasoned and emerging real estate investors. This sale/leaseback arrangement provides a compelling opportunity to acquire a well-maintained retail property with strong potential for future growth and income. The property's size and configuration offer flexibility for a variety of retail uses and potential expansion. Don't miss this chance to own a piece of Dexter's thriving retail landscape.

    Property Features for 7001 Dexter Ann Arbor Rd

    General Information

    Property type
    Lifestyle centers
    Square Feet
    44,250 SF

    HighLights

    • 19,000 SF retail space available for sale or lease.
    • Newly renovated storefront and tenant entrance.
    • Seller will consider subdividing the 19,000 SF unit into condominiums upon purchase.
    • New children's play center opening in adjacent space, boosting foot traffic.
    • Lease rate: $11.95/SF, NNN.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lifestyle centers

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Dexter
    County
    Washtenaw
    State
    Michigan
    Longitude
    -83.8701411
    Latitude
    42.325192

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    FAQs

    What type of property is this?
    Lifestyle center - 44,250 SF Retail Center - Sale/Leaseback
    Where is this lifestyle center located?
    The property is located at 7001 Dexter Ann Arbor Rd Dexter, MI.
    What are key features of this property?
    This property features: 19,000 SF retail space available for sale or lease.; Newly renovated storefront and tenant entrance.; Seller will consider subdividing the 19,000 SF unit into condominiums upon purchase.
    Request Owner's contact information
    7001 Dexter Ann Arbor Rd Dexter, MI 48130
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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
    7001 Dexter Ann Arbor Rd Dexter, MI 48130
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