111 N Ashley

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111 N Ashley

ann-arbor, MI 48104
Asking Rate
Contact for rate
Asset Type
Office
Class
Class B

What's Special

111 N Ashley is located in the heart of downtown Ann Arbor, positioned at the intersection of the city’s central business district and the historic West Side. The neighborhood is characterized by high foot traffic and proximity to the Main Street corridor, which offers a dense concentration of restaurants, retail shops, and professional services. The property is situated four blocks from the University of Michigan’s central campus and provides convenient access to the Blake Transit Center. Regional connectivity is supported by nearby access to I-94 and US-23. The building is suited for professional office use, including legal services, financial firms, and technology startups seeking a downtown presence. The floor plates accommodate private offices or open-concept layouts common in creative and administrative sectors. Typical tenants include established local businesses and satellite offices for regional firms that prioritize proximity to municipal buildings and university talent. The location provides the necessary infrastructure for organizations requiring a walkable, urban environment for employees and clients.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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