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New Retail Development Coming Soon 4025 Packard St

6,900 SF of Retail Space Available in Ann Arbor, MI 48108

Highlights

  • Strong traffic counts - approximately 19,000 vehicles/day on Carpernter and 16,500 vehicle/day on Packard.

Space Availability (1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor
  • 6,900 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request
  • Negotiable
Space Use
Retail
Condition
Shell Space
Availability
Now

Redevelopment site with up to 5700 sf of retail and restaurant space available.

  • Located in-line with other retail
  • Space is in Excellent Condition
  • Central Air Conditioning
Space Size Term Rental Rate Rent Type
1st Floor 6,900 SF Negotiable Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request Negotiable

1st Floor

Size
6,900 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request
Rent Type
Negotiable
Space Use
Retail
Condition
Shell Space
Availability
Now

Redevelopment site with up to 5700 sf of retail and restaurant space available.

  • Located in-line with other retail
  • Space is in Excellent Condition
  • Central Air Conditioning

Rent Types


The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.

1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.

2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.

3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.

4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.

5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.

6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.

7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.

SITE PLAN

PROPERTY FACTS FOR 4025 Packard St , Ann Arbor, MI 48108

Property Type Retail
Property Subtype Storefront Retail/Office
Gross Leasable Area 6,900 SF
Year Built 2025
Parking Ratio 6.23/1,000 SF
Construction Status Proposed

About the Property

Najor Companies is redeveloping this prime retail corner at Carpenter Road and Packard with 6,900sf of restaurant & retail use. An end cap drive-thru is available.

  • Air Conditioning

Attachments

Packard Brochure

Nearby Major Retailers

Parda Federal Credit Union
Starbucks
Leo's Coney Island
ALDI
Comerica
Red Lobster
Red Robin
Bob Evans Restaurants
Flagstar
Snap Fitness 24/7
  • Listing ID: 10016345

  • Date on Market: 2016-11-30

  • Last Updated:

  • Address: 4025 Packard St, Ann Arbor, MI 48108

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