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3000 Packard Rd 3,348 SF 100% Leased Retail Building Ann Arbor, MI 48108 $963,185 CAD ($287.69 CAD/SF) 6.96% Cap Rate

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INVESTMENT HIGHLIGHTS

  • 3,348 square feet of commercial space, ideal for retail businesses
  • Includes a Little Caesars franchise and a boxing gym, generating steady rental income
  • Located on a busy road with 69 feet of frontage

EXECUTIVE SUMMARY

FULLY LEASED Prime Corner Investment in the Heart of Ann Arbor w/ ability to increase rents.
High-Visibility Retail Property with National Tenant
Don’t miss this rare opportunity to own a 3,348 sq. ft. commercial property located on a prominent corner in Ann Arbor, just minutes to downtown and University of Michigan campus. Anchored by a long-standing Little Caesars franchise and a Theatre, this property offers strong cash flow and long-term upside.
Whether you're an experienced investor or looking to enter the commercial market, this high-traffic, fully occupied property represents a low-maintenance, income-producing asset in one of Michigan’s most sought-after markets.
Inquire today to explore this exceptional opportunity!
*Please do not approach tenants or businesses

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
3,348 SF
Building Class
B
Year Built/Renovated
1965/2008
Price
$963,185 CAD
Price Per SF
$287.69 CAD
Cap Rate
6.96%
NOI
$67,004 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.77
Lot Size
0.10 AC
Zoning
C2B - Commercial Retail
Frontage
33’ on Packard St

AMENITIES

  • Bus Line
  • Signage
Walk Score®
Very Walkable (71)
Bike Score®
Very Bikeable (73)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Biggby Coffee
Whole Foods Market
Comerica
Fifth Third Bank
Bambu
Club Pilates
Kroger
Starbucks
Leo's Coney Island
Red Lobster

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
12-11-208-017
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$321,201 CAD
  • Listing ID: 34397230

  • Date on Market: 2025-01-07

  • Last Updated:

  • Address: 3000 Packard Rd, Ann Arbor, MI 48108

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