For Lease - 1,445 SF Downtown Retail | Ann Arbor, MI — Lease in Ann Arbor, MI

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Retail Business
  • Location: Ann Arbor, MI 48104

Description

Retail | For Sublease: 1,445 SF This prime downtown Ann Arbor space offers 1,445 square feet plus a spacious basement, available for sublease through December 31, 2029, with one five-year option remaining. The property features larg Key Facts Jim Chaconas Executive Vice President Ann Arbor License #: 6502358011 +1 734 769 5005 Call Now +1 734 769 5005 License #: 6502358011

Market Context

This retail in Ann Arbor, MI is listed for lease. It has been on the market for 176 days. Compare it against other retail listings for lease in Ann Arbor, MI — view the full market.

As of Q1 2026, the Detroit retail market showed average asking rents near $17.00/SF/yr, rents up 1.3% year over year, and cap rates around 7.7%. Source: multiple brokerage reports, Q1 2026.

Rising rents point to a competitive market where well-priced, well-located space leases quickly.

Retail market FAQ

What is the typical cap rate for retail in Detroit?
About 7.7% as of Q1 2026, per multiple brokerage reports.

Estimated Market Rate

$1.52/SF/mo – $2.06/SF/mo

Mid: $1.79/SF/mo

Rate-first confidence-weighted blend with cost-of-business adjustment.

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