Former Rite Aid (for Lease)

For Lease

2980 Packard Street, Ann Arbor, MI 48108

You can currently find 1 retail space(s) available for lease at Former Rite Aid (for Lease). Designated use type for space listed here includes freestanding. Current retail listings at this property total 14,564 square feet. Lease type options include NNN. Expand the listing and property details below for additional information on leasing opportunities at Former Rite Aid (for Lease).

Space Available For Lease 1

Contacts

broker

Simon Jonna

Colliers

Property Details

  • Property Type Retail - Freestanding
  • Property Size 14,564 SF
  • Units 1
  • Lot Size 1.7 Acre
  • Additional Rent Contact for pricing
  • Year Built 2008
  • Date Updated Sep 11, 2024
Ann Arbor is a vibrant community with variety of dining options, boutique shops, and cultural attractions. University of Michigan campus adds to the dynamic atmosphere, offering access to academic resources and a talented pool of potential employees. Ann Arbor is accessible by major roadways and provides an ideal balance of urban excitement and natural beauty, making it a prime choice for an Office / Office Building tenant seeking a dynamic and inviting work environment.Prime commercial property strategically located at the signalized corner of Packard Street and Platt Road, with a tall monument sign at the intersection.

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Highlights

  • Signalized Corner | Packard Street & Platt Road
  • Traffic Counts Exceeding 41,000 VPD at Intersection (2024 MDOT)
  • Drive-Thru with Canopy Available
  • 50+ Surface Parking Spots
  • Tall Monument Sign at Intersection
  • Close Proximity to US-23 & I-94
  • 280 Ft. on Packard Rd. & 268 Ft. on Platt Road
  • Stellar Demos: 189k+ PPL & $117k+ Average HHI w/in 5-Mile Radius
  • 2 Curb Cuts for Easy Access
  • Property Taxes: $68,145 (Summer 2024) & $19,239 (Winter 2023)
  • Rite Aid Occupied Since 2008
  • U of M Campus Less than 3 Miles
  • Building Construction: Brick & Block Construction, Rubber Composite Roof, 4-Rooftop HVAC Units, & Asphalt Parking Lot

Attachments

Getting around

  • 72/100

    Walk Score ®

  • 35/100

    Transit Score ®

  • 73/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Ann Arbor, MI
  • Neighborhood Bryant
  • Zip Code 48108
  • Market Detroit

Points of Interest

  • Exxon

    0.06 miles

  • Citgo

    0.09 miles

  • BP

    0.92 miles

  • Citgo

    0.95 miles

  • Marathon

    1.00 miles

  • Shell

    1.22 miles

  • Mobil

    1.25 miles

  • Sunoco

    1.84 miles

  • Circle K

    1.87 miles

  • Shell

    1.96 miles

  • Eisenhower Center Parking

    0.71 miles

  • Overflow Parking

    1.13 miles

  • Staff Parking

    1.31 miles

  • SC 43

    1.53 miles

  • U-M Lot SC34

    2.04 miles

  • WCC Parking Lot 7

    2.06 miles

  • State Street Park and Ride

    2.08 miles

  • WCC Parking Lot 6

    2.09 miles

  • WCC Parking Lot 5

    2.12 miles

  • WCC Parking Lot 4

    2.27 miles

  • Little Caesars

    0.04 miles

  • Subway

    0.07 miles

  • Panda Korean & Chinese Foods

    0.07 miles

  • Hutkay Fusion

    0.08 miles

  • Achilles Coney Restaurant

    0.13 miles

  • Once-Upon a Grill

    0.18 miles

  • Tmaz Taqueria

    0.23 miles

  • Wicked Mary's

    0.26 miles

  • Bigalora

    0.82 miles

  • Chipotle

    0.85 miles

  • Galleria Asian Market

    0.15 miles

  • Aladdin’s Market (Halal Grocer)

    0.24 miles

  • Better Health Store

    0.93 miles

  • Whole Foods Market

    0.93 miles

  • Hyundai Asian Market

    0.95 miles

  • TJ Maxx

    0.96 miles

  • Kroger

    0.97 miles

  • ALDI

    1.07 miles

  • Kroger

    1.13 miles

  • Trader Joe's

    1.15 miles

2980 Packard Street Listing Brief

  • A property’s location contributes to the asking rent almost as much as its characteristics do. For instance, central urban locations with high walkability or suburban locations with ample parking and easy access by car will claim higher rents but offer superior access to your customer base. Likewise, the quality of the building systems and property finishes have a significant impact on how businesses can conduct their activity there, as well as on the experience of their customers.

    2980 Packard Street is located in Bryant, which is home to a total of 2 listing(s). Retail space at Former Rite Aid (for Lease) asks $29.50/SF/YR per square foot.

  • The property includes 14,564 square feet of retail space for lease. Of this total, 14,564 square feet are Freestanding.

    Lease agreement conditions for the availability at this property include NNN.

    For more information or to schedule a tour of the property, use the convenient contact form on this page to get in touch with a representative.

  • You should keep in mind that different areas gradually build a reputation as hotspots or desirable corridors for shopping, eating, or other entertainment and consumer activities. So, while renting retail space in an area with a well-established high-end reputation might mean more customers that are more willing to spend, it will also place you in a more competitive environment.

    Knowing your ideal customer is essential. For your consideration, the average age of residents in Bryant is 36. The average household income here is $76,226 per year.

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Simon Jonna

Colliers

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