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3000 Packard Rd 3,348 SF 100% Leased Retail Building Ann Arbor, MI 48108 $955,795 CAD ($285.48 CAD/SF) 6.96% Cap Rate
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
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
Building Size
3,348 SF
Building Class
B
Year Built/Renovated
1965/2008
Price
$955,795 CAD
Price Per SF
$285.48 CAD
Cap Rate
6.96%
NOI
$66,490 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.77
Lot Size
0.10 AC
Zoning
C2B - Commercial Retail
Frontage
Amenities
- Bus Line
- Signage
Moderately walkable
60/100
Exceptionally drivable
100/100
Some public transit
40/100
Moderately bikeable
70/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 12-11-208-017 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $357,384 CAD |
Property Taxes
Parcel Number
12-11-208-017
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$357,384 CAD
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3000 Packard Rd
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