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7001 Dexter Ann Arbor Rd Dexter, MI 48130

44,250 SF Retail Center - Sale/Leaseback

Overview

Added:
Dec 11, 2024
Days on market:
131
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.

Highlights

  • 19,000 SF retail space available for sale or lease.
  • Newly renovated storefront and tenant entrance.
  • Seller will consider subdividing the 19,000 SF unit into condominiums upon purchase.
  • New children's play center opening in adjacent space, boosting foot traffic.
  • Lease rate: $11.95/SF, NNN.

Property Details for 7001 Dexter Ann Arbor Rd

Property type
Lifestyle centers, Power centers
Square Feet
44,250 SF

Location Insight

City
Dexter
County
Washtenaw
State
Michigan
Latitude
42.325192
Longitude
-83.8701411
7001 Dexter Ann Arbor Rd, Dexter, Michigan

FAQs

What type of property is this?
Lifestyle center - 44,250 SF Retail Center - Sale/Leaseback
Where is the lifestyle center located?
The property is located at 7001 Dexter Ann Arbor Rd Dexter, MI.
What are key features of this property?
This property features: 19,000 SF retail space available for sale or lease.; Newly renovated storefront and tenant entrance.; Seller will consider subdividing the 19,000 SF unit into condominiums upon purchase.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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7001 Dexter Ann Arbor Rd
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