Building Details

Building Size 7,500 SF

Year Built 1919

Units 14

Listing Agency: Van Esley Real Estate Inc

Listed By: Joseph P Van Esley · License #6501185636 Show Phone

Source: Phgrealty

Added: Oct 18, 2024 Changed: Sep 8 Last Checked: Aug 18 at 5:40AM

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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 Van Esley Real Estate Inc

Investment Insights

Based on property information with market context.

This NNN retail storefront suite is being built as part of a historic restoration at the major intersections of M-22 and M-72. The tenant will be provided a vanilla box with energy-efficient utilities, and space and square footage details are available in the property brochure (please call for the brochure).

The location is marketed as high-exposure, with Sleeping Bear Dunes National Park averaging 1.5 million visitors per year. The tenant should be prepared for a Net Net Net lease structure with CAM fees, and a security deposit equal to one month’s rent.

All measurements and data are approximate and should be verified.

Key Highlights

• Retail storefront suite in a historic restoration project at the major intersections of M‑22 and M‑72
• Sleeping Bear Dunes National Park averages 1.5 million visitors per year nearby
• Tenant‑provided “vanilla box” with energy‑efficient utilities

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Storage Facility Grocery & Convenience Store Bakery Pharmacy Cafe & Coffee Shop Barber Shop

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

Yes

Highway access

Yes

Paved road access

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

120

Businesses Nearby

Explore this area Business Placement

Demographics for 49630, MI

1,331

Population

1,418

Households

0.9

Avg Household Size

61

Median Age

56%

College-Educated

99%

High-School Grad

60.5 sq mi

ZIP Area

22

Density / Sq Mi

$101,875

Median Household Income

$39,519

Median Earnings

$1,042

Median Rent

$440,200

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

Questions? Ask Rey

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What type of property is this? Where is this nnn properties located? What is the lease rate? Find similar properties What are key features of this property?

Frequently Asked Questions

What type of property is this?

NNN property - Retail storefront suite in a historic restoration project with a tenant-provided vanilla box and energy-efficient utilities.

Where is this nnn property located?

The property is located at 10017 Front Street Empire, MI.

What is the lease rate?

The lease rate is $100 SF/Yr.

What are key features of this property?

This property features: Retail storefront suite in a historic restoration project at the major intersections of M‑22 and M‑72; Sleeping Bear Dunes National Park averages 1.5 million visitors per year nearby; Tenant‑provided “vanilla box” with energy‑efficient utilities