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

Single-Tenant
18555 Silver Pkwy
Fenton, Michigan

$2,476,190 | 8,160 SF
Single-Tenant
8791 KY-1
Grayson, Kentucky

$1,321,920 | 9,190 SF
Multi-Tenant
4157-4245 E Court St
Burton, Michigan

$8,800,000 | 135,170 SF
Multi-Tenant
115 S Reynolds Rd
Toledo, Ohio

$2,280,000 | 23,100 SF

Offering Memorandum

Confidentiality Agreement*

Download Agreement