1207-1401 8th Ave, Menominee, MI

Properties For Sale

at 1207-1401 8th Ave Contact us

Listing agent Thomas Fisk Show Phone

Listing office NAI Pfefferle Show Phone

Listing date Nov 19, 2020

Source Moodyscre

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 NAI Pfefferle

Report an issue

---

Overview

This NNN leased grocery store is available for sale. The property is a dominant grocery store within its market, with Supervalu having operated at this location for 30 years. The remaining lease term is 10 years, and the cap rate is 7%. The store is located within the M and M Plaza Shopping Center, which also houses businesses such as Cost Cutters and Washed Ashore Laundromat. The property is situated near other retail sites, including the United States Postal Service, Michigan Welcome Center, and Nicolet National Bank. Several fast-food restaurants are located nearby, including Taco Bell, Dunkin’ Donuts, Subway, McDonald’s and KFC. The property size is 74266 square feet.

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

• Jack's Fresh Market — 1401 8th Ave, Menominee, MI 49858

Location Insight

• Map
• Local Demand

City

Menominee

County

Menominee

State

Michigan

Longitude

-87.6162

Latitude

45.106

Nearby Similar for Sale

• 

  $2,450,000

  4,540 SF

  Medical Office Space For Sale

  Long-term leased medical office space near major employer.

  2408 10th St, Menominee, MI 49858

  View Details
• 

  $1,500,000

  50,000 SF

  Menominee Industrial Property For Sale

  Versatile industrial property in Menominee, suitable for various industrial uses.

  1717 10th Ave, Menominee, MI

  View Details
• 

  $3,900,000

  5,080 SF

  Freestanding Retail Building in Menominee

  5,080 SF retail building on 1.65 AC available for sale.

  3101 10th St, Menominee, MI 49858

  View Details
• 

  $2,450,000

  4,540 SF

  Retail/Office Property For Sale

  Retail and office property with long-term lease and high cap.

  2408 10th St, Menominee, MI 49858

  View Details
• 

  $99,500

  4,128 SF

  Historical Office Building in Menominee

  Historical building in downtown Menominee with office and workspace.

  125 6th Avenue, MENOMINEE, MI, 49858

  View Details
• 

  $189,900

  4,000 SF

  Commercial Building with Storage Units

  Commercial building with storage units, built in 2022.

  N1864 RANGELINE Drive, MENOMINEE, MI 49858

  View Details
• 

  $275,000

  Versatile Building on Large Land

  Church building with classrooms, gym, kitchen, and ample parking.

  511 47th Avenue, MENOMINEE, MI, 49858

  View Details

FAQs

What type of property is this?

Grocery and convenience store - NNN leased grocery store with 10-year remaining term.

Where is this grocery and convenience store located?

The property is located at 1207-1401 8th Ave Menominee, MI.

What is the asking price?

The asking price for this property is $8,566,000.

What are key features of this property?

This property features: NNN Leased Grocery Store; Dominant Grocery in Market; Enjoy a secure investment with a 10‑Year Remaining Lease Term