7001 Dexter Ann Arbor Rd Dexter, MI 48130

Property Details for 7001 Dexter Ann Arbor Rd

Year built

1998

Lot size

5.55 lot acres

Property size

44,250 SF

Zone code

VILLAGE

Property type

Commercial real estate

APN

08-08-08-200-013

APU

80808200013

Description

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.

Location Insight

City

Dexter

County

Washtenaw

State

Michigan

Longitude

-83.87

Latitude

42.3251

CBSA code

11460

CBSA name

ANN ARBOR, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments