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7-Eleven - Availability Details

2200 Ellsworth Rd , Ypsilanti, MI 48197

  • For Sale $1,153,565
  • Property Type Retail - Street Retail
  • Property Size 2,950 Sqft
  • Lot Size 0.48 Acre
  • Property Tenancy Single Tenant
  • Date Updated Oct 04, 2021
Ypsilanti is a city located in Washtenaw County, Michigan. The city has an estimated population of 20,800, with a 3.0% increase since 2010. It is a college town located approximately 40 miles west of Detroit. Ypsilanti's historic downtown is home to Eastern Michigan University's campus. There are over 22,000 students currently enrolled, and the students, staff and faculty all play a big role in the diversity of the city. Currently, EMU comprises eight colleges and schools: College of Arts and Sciences, College of Business, College of Education, College of Health and Human Services, College of Technology, the School of Music & Dance, an Honors College, and a Graduate School. The university's site is composed of an academic and athletic campus spread across 800 acres, with over 120 buildings. The city has the second largest contiguous historic district in the state of Michigan, behind only the much larger city of Grand Rapids. The Ypsilanti Historic District includes both downtown Ypsilanti, along Michigan Avenue, and the Depot Town area adjacent to Frog Island Park and Riverside Park, which features many specialty shops, bars and grills, and a farmers' market. Ypsilanti is also home to Washtenaw Community College sponsored off-site extension center. The area is full of museums and attractions including the Yankee Air Museum, where visitors can book a flight on a historic WWII aircraft like the B-17, B-25 and C47. Ypsilanti's economy has a mix of industries and research and development activities, many in the pharmaceutical and medical technology fields. Ypsilanti is 10 miles southeast of Ann Arbor, a very important cultural center for Michigan. The city is dominated by the University of Michigan, which has over 42,000 students enrolled. The university is also very important to the local economy as it employs about 30,000 workers. Ann Arbor's economy is also centered on high technology, with many companies drawn to the university's research and development infrastructure.
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Location

  • City Ypsilanti, MI
  • Zip Code 48197
  • Market Detroit

Contacts

broker

Ayson Shammami

Encore Real Estate Investment Services

(248) 702-0727

Highlights

  • Triple Net Lease – Minimal Landlord Responsibilities (Structure Only)
  • Long Term Operating History | 22+ Years
  • Corporate Guarantee | S&P Credit Rating "AA-"
  • Located on a Hard Corner Signalized Intersection
  • High Volume Combined Traffic Counts | 37,749 VPD+
  • Close Proximity to University of Michigan & Eastern Michigan University
  • 5 Mile Population Exceeds 145,822 and Projected to Grow
  • Average Household Income within 1 Mile is $81,419
  • Neighboring Retailers Include: Big Lots, Popeyes, Taco Bell, Bank of America, Speedway, Tim Hortons, Dunkin Donuts and Many More.

Contact Listing Broker

broker

Ayson Shammami

Encore Real Estate Investment Services

(248) 702-0727

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