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Secured Parking / Storage Vacant Land for Sale: 1185 Old Manchester Road, Chelsea

For Sale: 2.51 acres, $489,500

Secure fenced and well lit storage lot for sale in Chelsea. Highly secure fencing system in place to protect large paved lot. Small storage shed also on lot.

Great access to I-94 at M-52 (Main Street) exit in Chelsea. Located between Old US Highway 12 and I-94.

For more information, contact Jeff Evans at (734) 926-0222 or jeffevans@swishercommercial.com

What is Subleasing?

Subleasing occurs when a current tenant determines that they are no longer in need of occupying all (or part) of their leased premise and choose to lease their space to another user for the remainder of their lease term. It is not unusual for companies to find themselves in a situation where they no longer need their existing space. Perhaps they have outgrown their current suite and need more space or the current office layout no longer suits their needs.  In today’s environment, it’s possible the company will have some of their employees work from home and therefore, do not need as much office space.  Regardless of the reason, subleasing may potentially be a solution to satisfy the terms of the lease.

While most commercial leases allow tenants to sublease their space, not all do.  It’s important to review the lease to ensure subleasing is an option.  Once established that subleasing is permissible and a new tenant is found, the original tenant becomes the Sublessor and the new user is called the Sublessee.

Be aware that subleasing the space does not remove the Sublessor from its responsibility to the terms of the existing lease.  It remains the Sublessor’s duty to pay the landlord rent in accordance to the lease and then collect rent from the Sublessor to recoup the cost of what would otherwise be unused space. Any sublease to another company will require the approval of the landlord under the original lease and the Sublessee will have to abide by the terms of the original master lease.

Randy Maas, Associate Broker

Downtown Office Suites: 220 E. Huron Street, Ann Arbor

Downtown Ann Arbor office suites available. Two sixth floor suites are available with sweeping views of the city on three sides. Suite 600 is an open floor plan with glassed conference rooms and Suite 650 includes private offices.

For Sublease:

Suite 600: 5,413 SF, $28.50 PSF (gross)

Suite 650: 5,376 SF, $24.00 PSF (gross)

Many new improvements to the building. Janitorial service and utilities included. Close to downtown parking facilities. Walking distance to many coffee shops and restaurants.

For more information, contact Randy Maas at (734) 222-7525 or rmaas@swishercommercial.com or  Mike Giraud at (734) 662-3617 or mgiraud@swishercommercial.com