772 Greenland Rd - Storefront FOR SALE


Ontonagon, MI 49953
$350,000 USD
773-963-2637
772 Greenland Rd, Ontonagon, MI for Sale
$350,000 USD
Storefront - FOR SALE
1/3
null | Request Cap Rate

772 Greenland Rd
Ontonagon, MI 49953


HIGHLIGHTS

  • Future Redevelopment with Excellent Visibility & Access
  • Large Lot Size – Can Store Materials Outside Property
  • Strong Synergies w/ Neighboring Chamber of Commerce & County Clerk's Office

OVERVIEW

Northmarq is pleased to offer for sale to qualified investors, the opportunity to purchase a fee simple interest in the dark Family Dollar asset located in Ontonagon, MI (“The Property”). The Property consists of a 9,180-squarefoot freestanding retail building on 2.75 acres of land. While Family Dollar has vacated the Property, they continue to pay rent their obligations which continues until June 30, 2031. The lease is corporately guaranteed by Family Dollar Stores, Inc. See the Lease Abstract for full details.

FOR SALE DETAILS

PRICE

$350,000 USD

PRICE/SF

$38 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Family Dollar (Dark)

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2015

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

1.32 AC

LAND SF

57,426 SF

ZONING

C1

APN/PARCEL ID

41 581 004 11

ASK ABOUT THIS PROPERTY

Isaiah HarfNorthmarqMore Info
773-963-2637

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Isaiah HarfNorthmarqMore Info
773-963-2637

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.