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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1140 Broadway St Ann Arbor, MI 48105

2,154 SF
Property ID
Property summary
AI-generated overview

This exceptional retail opportunity is located in the vibrant Beekman at Broadway development, a thriving mixed-use complex in Ann Arbor, Michigan. The property comprises two buildings totaling 2,154 square feet of first-floor retail space, currently 100% vacant and available for lease. Spaces are divisible, with a minimum of 1,032 square feet and a maximum contiguous space of 1,122 square feet, offering flexibility for various retail concepts. The development boasts a strategic location at the intersection of Broadway Street, Plymouth Road, and Maiden Lane, ensuring high visibility and accessibility. This prime location is situated near Downtown Ann Arbor and at the heart of the University of Michigan Medical Campus, providing access to a substantial and diverse customer base. The area benefits significantly from the recent and ongoing expansion of the University of Michigan Hospital, a $1 billion, 700,000 square foot project currently under construction, employing 29,000 people. Further enhancing the area's appeal is a newly completed 1,000-space University of Michigan parking deck located directly across the street. The surrounding area also includes major employers such as Google and the EPA Laboratory, along with the University of Michigan North Campus, contributing to a robust and growing population of potential customers. Beekman at Broadway itself includes two apartment buildings with a combined 540 units, with a third phase adding another 200 units, creating a built-in customer base for retail tenants. This presents a unique opportunity to establish a successful business within a dynamic and rapidly expanding community.

Property profile
Verified
Property type Retail properties & Spaces
Total area 2,154 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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