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Stretch Lab Signs Lease For Retail Space At Uptown Ann Arbor In Ann Arbor, Michigan

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LEASED
$35
Vicki Gutowski

Michigan

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Retail1,207 SF
Leased 05/02/2023
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Property Image
LEASED

Stretch Lab Signs Lease For Retail Space At Uptown Ann Arbor In Ann Arbor, Michigan

3300 Ann Arbor-Saline Rd

See Similar Deals
Retail1,207 SF
Leased 05/02/2023
Vicki Gutowski
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Summary

MICHIGAN
Asset Type:Retail
Price Per Square Foot:$35
Total Square Footage:1,207 SF
Transaction Type:Lease

Stretch Lab, a fitness concept, has signed a lease for a 1,207-square-foot retail space at the Uptown Ann Arbor mixed-use development in Ann Arbor, Michigan. The retail space is located at 3300 Ann Arbor-Saline Rd and is owned by Beztak Properties. The asking rent for the space is $35 per square foot.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: Lease
  • Date: 05/02/2023
  • Address: 3300 Ann Arbor-Saline Rd
  • Market: Ann Arbor, Michigan

Michael Murphy, Vicki Gutowski, and Tjader Gerdom of Gerdom Realty & Investment represented Beztak Properties, the landlord of the retail space. Stephen Smith from TNF Realty acted as the tenant's representative for Stretch Lab.

Players

2 deals
BROKER

Michael Murphy
23 deals$94.4M volume(631) 858-2460
BROKER

Vicki Gutowski
Gerdom Realty & Investment
1 deal
BROKER

TENANT

Details

LEASED
IMAGE: Vicki Gutowski, Tjader Gerdom & Michael Murphy DATE: 05/02/2023 ADDRESS: 3300 Ann Arbor-Saline Rd MARKET: Ann Arbor, Michigan ASSET TYPE: Retail LANDLORD: Beztak Properties (@Beztak_Properties) TENANT: Stretch Lab LANDLORD'S REP: Michael Murphy, Vicki Gutowski (@Vicki.Gutowski) & Tjader Gerdom (@Tsmegg1974) - Gerdom Realty & Investment (@Gerdom_Realty) TENANT'S REP: Stephen Smith - TNF Realty ASKING RENT: $35/ft. ~ SF: 1,207 NOTE: Stretch Lab, a fitness concept, has signed a lease for a 1,207-square-foot retail space at the Uptown Ann Arbor mixed-use development in Ann Arbor, Michigan. The development is also home to other retail tenants including Beyond Juice, Marco’s Pizza, Banfield Pet Hospital, Paint Nail Bar, Detroit Wing Co., and The Great Greek. Stephen Smith of TNF Realty represented Stretch Lab, while Michael Murphy, Vicki Gutowski, and Tjader Gerdom of Gerdom Realty & Investment represented the property owner, Beztak Properties.

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Deal Type
Effective Rent (Annual)

$48,429.16

Total Lease Value

$484,291.58

Net Landlord Cash Flow$48,429.16