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MC Driving School Secures Retail Lease At Arbor Square Plaza In Ypsilanti

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LEASED

Michigan

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Retail2,322 SF
Leased 05/11/2023
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LEASED

MC Driving School Secures Retail Lease At Arbor Square Plaza In Ypsilanti

4039 Carpenter Road Ypsilanti, Michigan 48197, USA

See Similar Deals
Retail2,322 SF
Leased 05/11/2023
Contact now

Summary

MICHIGAN
Asset Type:Retail
Price Per Square Foot:$0
Total Square Footage:2,322 SF
Transaction Type:Lease

MC Driving School has secured a 2,322-square-foot retail lease at Arbor Square Plaza in Ypsilanti, Michigan. The address of the property is 4039 Carpenter Road. The market in which this lease is located is Ypsilanti, Michigan.

Summary of transation details

Michael Murphy and Tjader Gerdom of Gerdom Realty & Investment represented the landlord, Verus Development Group, in the lease transaction involving MC Driving School at Arbor Square Plaza in Ypsilanti.

Note: MC Driving School will be occupying the space previously held by Weight Watchers.

Players

Michael Murphy
2 deals(248) 242-6766
BROKER

Tjader Gerdom
Gerdom Realty & Investment
1 deal
BROKER

Details

LEASED
IMAGE: Tjader Gerdom & Michael Murphy DATE: 05/11/2023 ADDRESS: 4039 Carpenter Road MARKET: Ypsilanti, Michigan ASSET TYPE: Retail ~ SF: 2,322 LANDLORD: Verus Development Group TENANT: MC Driving School BROKERS: Michael Murphy & Tjader Gerdom - Gerdom Realty & Investment NOTE: MC Driving School has secured a 2,322-square-foot retail lease at Arbor Square Plaza in Ypsilanti, taking over the space previously occupied by Weight Watchers. Michael Murphy and Tjader Gerdom of Gerdom Realty & Investment represented the landlord, Verus Development Group, in the deal.

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Deal Type
Effective Rent (Annual)

$133,095.64

Total Lease Value

$1,330,956.39

Net Landlord Cash Flow$133,095.64