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 Nov 4, 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.  

Want more info on this listing?

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