Offering Memorandum

Investment Sale

Tractor Supply Co.

91 W Pine Lake Dr
Newaygo, Michigan

eCode:037i

Sales Price

$2,215,385

NOI

$144,000

Cap Rate

6.50%

Lease Expiration

4/30/2030

Building Size

34,886 SF

Year Built

2000, Renovated 2020

Traffic Count

82nd St (6,522 CPD)
Mason Dr (12,502 CPD)

Highlights

*Available Separately or as a Portfolio

Individual Price: $2,215,385 | 6.50% CAP | $144,000 NOI

Portfolio Price Including Manistique: $4,430,769 | 6.50% CAP

Please contact Broker for Details

Radius 1 mile 3 mile 5 mile
Population Density 2,592 6,113 10,397
Household Income $64,914 $75,506 $74,602
Daytime Pop 2,006 2,341 3,219

SIMILAR PROPERTIES

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17000 Kercheval Ave
Grosse Pointe, Michigan

Unpriced | 78,058 SF
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Unpriced | 9,848 SF
Single-Tenant
3392 E Beltline Ave NE
Grand Rapids, Michigan

$4,769,231 | 10,000 SF
Multi-Tenant
1701 Sunrise Hwy
Bay Shore, New York

$13,019,080 | 6,025 SF

Offering Memorandum

Confidentiality Agreement*

Download Agreement