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Retail or Restaurant Space Available
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1300 S University Ave, Ann Arbor, MI 48104

Prime downtown Ann Arbor location near University of Michigan campus.

Space Size1,585 SF
Days on Market1384

Property Features for 1300 S University Ave

General Information

Standard status Active
Size 1,585 SF
Property subtype RETAIL
Lease Type NNN

Spaces For Lease

at 1300 S University Ave
Retail on U of M Campus $35/SF/Yr
Size 1,585 SF
Type RETAIL
Lease Type NNN
Availability AVAILABLE
Sublease No
Great Downtown Ann Arbor location for a retail or restaurant at the Landmark Ann Arbor student apartments just two blocks from the U of M Campus. Surrounded by established retail such as Beyond Juice & Eatery, No Thai!, 7-Eleven, Good Time Charley’s, Joe’s Pizza, and Soul Cycle. Nearby Vic Village student housing, & future student housing development. Plenty of street frontage & storefront windows. Terrific overall Industrial feel with high ceilings, two offices, a restroom, & large open space. On-street parking and nearby at Forest Street Parking Structure. Plenty of street frontage & storefront windows. Terrific overall Industrial feel with high ceilings.
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Listing Agency: Colliers - Ann Arbor
Listed By: James H. Chaconas
Source: Moodyscre
Added: Dec 21, 2022 Changed: Sep 10 Last Checked: Oct 5 at 7:19PM

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 Colliers - Ann Arbor

Investment Insights

Based on property information with market context.

This retail or restaurant space is located in downtown Ann Arbor, at the Landmark Ann Arbor student apartments, just two blocks from the University of Michigan campus. The location is surrounded by established retail businesses, including Beyond Juice & Eatery, No Thai!, 7-Eleven, Good Time Charley’s, Joe’s Pizza, and Soul Cycle. Nearby are Vic Village student housing and a future student housing development. The property features street frontage and storefront windows, with an overall industrial feel and high ceilings. On-street parking is available, with additional parking nearby at the Forest Street Parking Structure.

Key Highlights

  • Prime Downtown Ann Arbor location, just two blocks from the University of Michigan campus.
  • Situated within the Landmark Ann Arbor student apartments.
  • High foot traffic area surrounded by established retail and restaurants.

Property Analytics

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Current Use

Beyond Juicery + Eatery Specialty Food Shop Landmark Apartments Real Estate Agency Western Union Bank 7-Eleven Grocery & Convenience Store No Thai! South ... Restaurant

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Nail Salon Kitchen & Bath Showroom Acupuncture Plumbing Service HVAC Service

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
$5.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,444
Businesses Nearby

Demographics for 48104, MI

41,588
Population
19,173
Households
2.2
Avg Household Size
27
Median Age
82%
College-Educated
98%
High-School Grad
7.8 sq mi
ZIP Area
5,332
Density / Sq Mi
$63,341
Median Household Income
$16,073
Median Earnings
$1,548
Median Rent
$481,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Ann Arbor, MI

$27.06 /SF/Yr
Avg Asking Price
$1.3–$63.23 /SF/Yr
Price Range
7,881 SF
Avg Space Size

This space is priced 29% above the average of $27.06 /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 - Prime downtown Ann Arbor location near University of Michigan campus.
Where is this retail space located?
The property is located at 1300 S University Ave Ann Arbor, MI.
What is the lease rate?
The lease rate is $35 SF/Yr.
What are key features of this property?
This property features: Prime Downtown Ann Arbor location, just two blocks from the University of Michigan campus.; Situated within the Landmark Ann Arbor student apartments.; High foot traffic area surrounded by established retail and restaurants.
(734) 994-3100 Call to check price and availability
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