4860 Washtenaw Ave

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4860 Washtenaw Ave

ann-arbor, MI 48108
Asking Rate
Contact for rate
Asset Type
Retail
Class
Class B

What's Special

4860 Washtenaw Avenue is situated in the primary commercial corridor connecting Ann Arbor and Ypsilanti. The neighborhood is characterized by high-density suburban development and significant daily traffic counts. The property is positioned near several major residential complexes and established shopping centers, providing proximity to national grocery chains, pharmacies, and casual dining options. Access to the site is supported by multiple curb cuts on Washtenaw Avenue and immediate proximity to US-23. The regional transit authority provides frequent bus service along this route, facilitating ease of movement for commuters and local residents within the greater Washtenaw County area. The property is suited for diverse retail applications, including storefront boutiques, service-oriented businesses, or specialized showrooms. The site layout and high visibility cater to tenants requiring significant signage exposure and accessible customer parking. Typical occupants for this asset type include cell phone retailers, insurance agencies, quick-service food concepts, and health and wellness providers. The demographic profile of the surrounding three-mile radius, which includes university students, medical professionals, and local families, supports businesses that rely on consistent daytime and evening consumer traffic. This location offers a functional environment for established brands or local businesses seeking a foothold in a mature retail submarket.

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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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