3000 Packard St Ann Arbor, MI 48108

This exceptional Ann Arbor investment property, located at 3000 Packard St, 48108, presents a compelling opportunity for discerning investors. The 3,348 square foot building currently houses a Little Caesars franchise and a boxing gym, generating a substantial annual net income of approximately $42,000. The Little Caesars location is secured by a robust five-year lease with options to renew for a total of fifteen years, featuring built-in annual rent escalations. This provides a strong, long-term revenue stream. The boxing gym operates on a month-to-month lease, offering flexibility and significant upside potential for future rental income growth. The current monthly rent from the Little Caesars franchise is $3,300. Importantly, all operating expenses are entirely covered by the tenants, minimizing your financial burden and maximizing your return on investment. This property is situated in Washtenaw County, Michigan, offering a prime location with excellent visibility and access. The combination of a stable, long-term tenant and a flexible, high-potential tenant makes this a truly unique investment opportunity with significant growth prospects. The asking price for this exceptional property is $650,000. Don't miss this chance to acquire a high-performing commercial property in a thriving Michigan market.