109 N Washington St. Hale, MI 48739

Building Details

Year Built

2016

Listing office CBRE

Listing date Jul 8, 2026

Source Crexi

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

Constructed for Family Dollar in 2016, this freestanding single-tenant retail investment property totals 9,180 square feet. The lease is structured as absolute net, requiring the tenant to be responsible for expenses, repairs, maintenance, and replacements. The property has five years of remaining lease term and includes six remaining five-year tenant renewal options, each with 10% lease rate increases at commencement.

The asset is positioned at a signalized main intersection in Hale, Michigan. A wrap-around parcel provides access to both main streets, and the property features exclusive pylon signage on N Washington St.

This offering is presented as a passive NNN retail investment with a long-term lease and multiple renewal opportunities.

Key Highlights

• Freestanding, single‑tenant retail investment built in 2016 totaling 9,180 SF
• Absolute net lease structure: tenant responsible for all expenses, repairs, maintenance, and replacements
• Lease includes five (5) years of remaining term and six (6) remaining five (5)-year tenant renewal options

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FAQs

What type of property is this?

Retail space - Freestanding single-tenant retail investment built in 2016 with an absolute net lease structure and renewal options.

Where is this retail space located?

The property is located at 109 N Washington St. Hale, MI.

What is the asking price?

The asking price for this property is $1,536,000.

What are key features of this property?

This property features: Freestanding, single‑tenant retail investment built in 2016 totaling 9,180 SF; Absolute net lease structure: tenant responsible for all expenses, repairs, maintenance, and replacements; Lease includes five (5) years of remaining term and six (6) remaining five (5)-year tenant renewal options