Offering Memorandum

Investment Sale

Tractor Supply Co.

717 E Lake Shore Dr
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

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BJ's Brewhouse: 8,500 SF
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Single-Tenant
1951 Midway Mall
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$1,440,000 | 8,475 SF
Single-Tenant
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$2,215,385 | 34,886 SF

Offering Memorandum

Confidentiality Agreement*

Download Agreement