1241 S Maple Rd

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1241 S Maple Rd

Ann Arbor, MI 48103
Asking Price
$1.59M
Asset Type
Office
Class
Class B

What's Special

1241 S Maple Rd is situated on the western side of Ann Arbor, positioned within a mature mixed-use corridor. The location offers proximity to the Westgate and Maple Village shopping centers, providing tenants with immediate access to diverse dining, retail, and grocery options. The property is approximately two miles from the University of Michigan’s central campus and downtown core. Transportation access is convenient, with several TheRide bus stops nearby and efficient connectivity to the I-94 and M-14 interchanges, facilitating regional commutes. The property is well-suited for professional service firms, including legal, accounting, or administrative offices seeking a quiet environment outside the city center. The floor plan supports private offices or collaborative workspaces, making it an ideal location for established local businesses or satellite corporate offices. Typical tenants include healthcare consultants, regional non-profits, or small-scale tech startups prioritizing accessibility and local amenities for their workforce.

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NOI
$80,000
Cap Rate
5.03%
DSCR
0.85
Underwater
Cash-on-Cash
-3.02%
Monthly Payment
$7,866.452
Annual Cash Flow
$-14,397.43

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