Listing Agency: Fortis Net Lease b***@fortisnetlease.com Show Phone

Listed By: Bryan Bender · License #MI 6501319610

Source: Crexi

Added: Apr 10 Changed: Aug 8 Last Checked: Jul 23 at 12:48PM

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Investment Insights

Based on property information with market context.

This for-sale retail property is listed with a stated 6.60% cap rate and offers a total size of 9,100 SF. The property is positioned for retail use based on its designated commercial retail classification.

The offering is located at 107 E. Seventh in Manton, Michigan (49663).

Key Highlights

• Retail property for sale with a stated 9,100 SF total size
• Stated 6.60% cap rate in the offering remarks

Property Analytics

Property Profile

Current Use

Dollar General Discount Store Western Union Bank

Suggested Use

Top Pick Dental Office Plumbing Service (Bike/Boat/Book/etc) Store Law Firm Pharmacy Big Box & Wholesale Store

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

Location Intelligence

Trade Area within ½ mile

117

Businesses Nearby

17k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 94% Dining 6%

Shell Shops & Services

7,998 visits/mo 0.4 miles

Dollar General Shops & Services

5,152 visits/mo 0.1 miles

Family Dollar Shops & Services

3,130 visits/mo 0.2 miles

SUBWAY Dining

1,112 visits/mo 0.4 miles

Demographics for 49663, MI

6,199

Population

2,637

Households

2.4

Avg Household Size

39

Median Age

15%

College-Educated

88%

High-School Grad

162.7 sq mi

ZIP Area

38

Density / Sq Mi

$55,513

Median Household Income

$39,158

Median Earnings

$795

Median Rent

$144,400

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 retail space located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Retail space - Retail property offered for sale with a stated 6.60% cap rate and 9,100 SF total size.

Where is this retail space located?

The property is located at 107 E Seventh Manton, MI.

What are key features of this property?

This property features: Retail property for sale with a stated 9,100 SF total size; Stated 6.60% cap rate in the offering remarks