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Rank #13 of 3170/100 · STRONG

SpeedwayAbsolute NNN

2020 W Stadium Blvd, Ann Arbor, MI

Cap Rate5.25%
Asking$5,712,000
Annual Rent$299,899
Term Remaining14.3 yrs

Location Scorecard Fortis model · STRONG

Traffic (AADT)16,956 (2025)
Population (3 mi)89,565
Avg HH income (3 mi)$124,211
Daytime jobs (3 mi)60,351
Fuel competitors (1 mi)5
CountyWashtenaw County

Lease & Rent

Tenant / bannerSpeedway
Lease structureAbsolute NNN
Lease expirationDec 2040
Term remaining14.3 yrs
Rent escalations1.0% annually
Renewal options4 x 5-year (lease summary workbook)

Financials

Annual rent$299,899
Asking price$5,712,000
Cap rate5.25%
Building SF2,334
Price / SF$2,447

Financing Scenario

Loan
Down
Debt service
DSCR
Cash-on-cash
Debt yield

NNN — in-place rent treated as NOI. Illustrative only.

Full marketing flyer with demographics, traffic, aerials and lease detail.

Download Property Flyer (PDF)