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7 Brew Absolute NNN Property
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100 Hydraulic Falls Road, Iron Mountain, MI 49801

Custom-built drive-through facility is under construction on a ground-leased parcel.

Property SizeContact for details
Lot Size1.82 Acres
Days on Market7

Property Features for 100 Hydraulic Falls Road

General Information

Standard status Active
Lot size 1.82 Acres
Property subtype Retail

Site & Location

Drive-Thru No
Traffic Count 19,315 vehicles/day
Highway Access Yes
Road Access Yes
Listing Agency: Commercial Investment Advisors (CIA) Scottsdale
Listed By: Justin Zahn · License #SA545840000
Source: Crexi
Added: Sep 4 Changed: Sep 9 Last Checked: Sep 10 at 8:23AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Commercial Investment Advisors (CIA) Scottsdale

Investment Insights

Based on property information with market context.

This 7 Brew NNN property includes a custom-designed drive-through building now under construction, with an estimated opening in October 2026. The improvements are subject to a 20-year absolute NNN ground lease, with ownership of the building conveyed while the ground remains the underlying leased asset. Lease escalations are set at 10% every 5 years, and the obligation is supported by 3 personal guarantors.

The approximately 1.82-acre parcel occupies the southwest corner of Stephenson Ave and Hydraulic Falls Rd in Iron Mountain, with access and exposure along US-141. Reported traffic volume is 19,315 CPD. Nearby retail and service operators include Walmart, Home Depot, Aldi, Walgreens, Tractor Supply, and Anytime Fitness. Marshfield Medical Center Dickinson is 1/2 mile away, Oscar G. Johnson VA Medical Center is less than one mile away, and Bay College’s Iron Mountain Campus is 3.5 miles from the property.

Key Highlights

  • 20‑year absolute NNN ground lease with 10% rental escalations every 5 years
  • Approximately 1.82‑acre parcel at Stephenson Ave and Hydraulic Falls Rd
  • Custom‑built 7 Brew drive‑through building under construction

Property Analytics

Current Use

Drive through restaurants

Suggested Use

Top Pick HVAC Service Electrical Service Bakery Big Box & Wholesale Store Department Store Car Rental Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

19,315 VPD
Traffic count
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

7
Businesses Nearby

Demographics for 49801, MI

11,479
Population
5,927
Households
1.9
Avg Household Size
46
Median Age
25%
College-Educated
95%
High-School Grad
123.9 sq mi
ZIP Area
93
Density / Sq Mi
$62,461
Median Household Income
$41,468
Median Earnings
$667
Median Rent
$157,800
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - Custom-built drive-through facility is under construction on a ground-leased parcel.
Where is this nnn property located?
The property is located at 100 Hydraulic Falls Road Iron Mountain, MI.
What is the asking price?
The asking price for this property is $1,828,000.
What are key features of this property?
This property features: 20‑year absolute NNN ground lease with 10% rental escalations every 5 years; Approximately 1.82‑acre parcel at Stephenson Ave and Hydraulic Falls Rd; Custom‑built 7 Brew drive‑through building under construction
More about this property
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