Offering Memorandum
Investment Sale
Tractor Supply Co.
717 E Lake Shore Dr
Manistique, Michigan
Manistique, Michigan
eCode:038i
Sales Price
$2,215,385
NOI
$144,000
Cap Rate
6.50%
Lease Expiration
4/30/2030
Building Size
35,299 SF
Year Built
2000, Renovated 2020
Traffic Count
E Lake Shore Dr (6,574 CPD)
Highlights
*Available Separately or as a Portfolio
Individual Price: $2,215,385 | 6.50% CAP | $144,000 NOI
Portfolio Price Including Newaygo: $4,430,769 | 6.50% CAP
Please contact Broker for Details
| Radius | 1 mile | 3 mile | 5 mile |
| Population Density | 1,428 | 3,351 | 4,588 |
| Household Income | $51,311 | $66,234 | $68,239 |
| Daytime Pop | 1,417 | 1,825 | 1,919 |
SIMILAR PROPERTIES
Single-Tenant
2710 Salem Ave
925 Woodville Rd
Dayton & Toledo, Ohio
Dayton, OH: $1,833,333
Toledo, OH: $1,866,667 | Dayton, OH: 13,905 SF
Toledo, OH: 15,048 SF
925 Woodville Rd
Dayton & Toledo, Ohio
Dayton, OH: $1,833,333
Toledo, OH: $1,866,667 | Dayton, OH: 13,905 SF
Toledo, OH: 15,048 SF
Single-Tenant
30755 Montpelier
Madison Heights, Michigan
$4,000,000 | 26,595 SF
Madison Heights, Michigan
$4,000,000 | 26,595 SF
Single-Tenant
2150 Executive Hills Ct
Auburn Hills, Michigan
$18,181,416 | 114,830 SF
Auburn Hills, Michigan
$18,181,416 | 114,830 SF