Multi-Tenant Retail

High-Visibility Retail Center | College Town | Trinity Hospital

2866 Washtenaw Ave , Ypsilanti, MI

Listing Price: $5,684,890

Click To Access Offering Memorandum
  • Cap Rate8.35%
  • Building SF37,216
  • Year Built / Renovated1988

Investment Highlights

Key Property Highlights

  • Neighborhood Retail Center: 37,216 SF multi tenant shopping center located along the Ann Arbor–Ypsilanti corridor
  • Strategic Washtenaw Avenue Location: Positioned along Washtenaw Avenue, a major thoroughfare providing direct connectivity between Ypsilanti and Ann Arbor
  • Strong Institutional Proximity: Near Eastern Michigan University (12,631 students) and Washtenaw Community College (11,133 students), supporting consistent service‑oriented retail demand
  • Adjacent Healthcare Presence: Trinity Health Ann Arbor Hospital, a 537‑licensed‑bed medical center, is located directly behind the property
  • High Visibility & Access: Convenient ingress/egress with proximity to US‑23 and I‑94, supporting efficient local and regional connectivity

Additional Highlights

  • Established Retail Node: Adjacent to an existing retail plaza, reinforcing cross‑shopping activity and long‑term tenant viability
  • Service‑Oriented Demand Drivers: Tenant mix aligned with daily needs of nearby residents, students, healthcare staff, and institutional employees
  • Ann Arbor Spillover Positioning: Benefits from limited retail supply in Ann Arbor and demand extending east along the Washtenaw Avenue corridor
  • Resilient Washtenaw County Market: Supported by education, healthcare, technology, and diversified employment base
  • Value‑Add Upside: Opportunity for leasing remaining vacancy and rental rate normalization within a stable neighborhood retail setting
Lead Agent

Ashish Vakhariya

Senior Managing Director Investments

Lic: MI 6501322501

Darin Gross

Senior Director Investments

Lic: MI 6501384871

Seth Haron

Managing Director Investments

Lic: MI 6501373006

Michigan Broker of Record | Paul Kerber | Two Towne Square, Ste 450 Southfield, MI 48076 | (248) 415-2600 | Lic #: 6502433613