Active For Sale InvestmentRetail

3220 Packard Road

3220 Packard Rd, Ann Arbor, MI, 48108

ID 02b47096

Overview

Ann Arbor investment opportunity at 3220 Packard Road, east of Platt Road. The 1,416-square-foot, single-story fast-food restaurant building was constructed in 1969 and occupies an 84' x 132' lot. The property is zoned C1 (Local Business) and is located within a trade area serving more than 200,000 residents within a five-mile radius.The property is fully leased under a long-term double-net (NN) lease running through October 2029, with extension options. Offered for $450,000. The sale includes the real estate only; the operating business is not included.

Additional Information

City
Ann Arbor
State
MI
Zip Code
48108
Primary Uses
Investment, Retail
Secondary Uses
Restaurant
Zoning
C1
Zoning Description
Local Business
Floors
1
Year Built
1,969
Average Occupancy Rate
100%