Washtenaw Fountain Plaza

For Sale

2720 - 2850 Washtenaw Avenue, Ypsilanti, MI 48197

This Ypsilanti property for sale is located at 2720 - 2850 Washtenaw Avenue. Contact the listing broker for details on the current sale price for Washtenaw Fountain Plaza.

Contacts

broker
John May

broker
Reid Eber

Property Details

  • Property Type Retail
  • Additional Rent Contact for pricing
  • Date Updated Dec 20, 2024

Ann Arbor MI MSA grocery anchored college-town center. Conveniently located between University of Michigan (5 miles northwest) and Eastern Michigan University (2 miles east). 122,762 square feet and 97% occupied.

High performing tenants including Save-A-Lot, Big Lots, Planet Fitness and Dollar Tree. 97% of occupied GLA leased to national tenants/franchises. Outstanding weighted average lease term into 2029. 57% of leased GLA has term into 2029 or beyond. Single-digit average rent.

Excellent 5-mile demos – 176k population with $109k average household income.  Prime location along Washtenaw Avenue (34,978 VPD).  Surrounded in all directions by dense housing stock. 

Upside via lease-up of vacant suite (3,695 SF) and marking below market rents to market. Pricing below replacement cost. Property is institutionally owned and maintained.  Entire property has roof warranties into at least 2036.  

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Reach out to the broker for more info on lease terms and amenities

Getting around

  • 76/100

    Walk Score ®

  • 50/100

    Transit Score ®

  • 87/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Ypsilanti, MI
  • Neighborhood Burns Park
  • Zip Code 48197
  • Market Detroit

Points of Interest

  • Ann Arbor

    1.77 miles

  • Circle K

    0.23 miles

  • Sunoco

    0.24 miles

  • Clark

    1.13 miles

  • Mobil

    1.32 miles

  • Shell

    1.39 miles

  • BP

    1.61 miles

  • Tesla Supercharger

    2.39 miles

  • ChargePoint

    2.39 miles

  • Enel

    2.75 miles

  • Electrify America

    4.83 miles

  • Glick

    0.48 miles

  • U-M Lot SC7 / RV Lot

    0.62 miles

  • U-M Lot SC20 (Athletics Campus Grey Lot)

    0.64 miles

  • Hill Structure

    0.65 miles

  • Lot SC 16

    0.69 miles

  • U-M Lot SC6

    0.70 miles

  • Forest Avenue parking structure

    0.72 miles

  • Triangle Lot

    0.72 miles

  • University of Michigan Lot S5

    0.74 miles

  • U-M Lot SC5 / Champions East

    0.75 miles

  • Side Biscuit

    0.20 miles

  • Toarmina's Pizza

    0.26 miles

  • Dairy Queen

    0.27 miles

  • Eat

    0.39 miles

  • Anthony's Pizza

    0.45 miles

  • Ricewood BBQ

    0.45 miles

  • Bao Boys

    0.46 miles

  • Benny's Family Dining

    0.48 miles

  • Madras Masala

    0.50 miles

  • Fraser's Pub

    0.51 miles

  • By The Pound

    0.49 miles

  • Trader Joe's

    1.01 miles

  • Target

    1.18 miles

  • Busch's Fresh Food Market

    1.24 miles

  • Kanbu Asian Mart

    1.33 miles

  • People's Food Co-op

    1.54 miles

  • Kerrytown Market

    1.62 miles

  • Macy's

    1.73 miles

  • Whole Foods Market

    1.74 miles

  • Briarwood Mall

    1.80 miles

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 Washtenaw Fountain Plaza