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Single-Tenant Retail Building
For Sale
Contact for pricing
Pending

1000 16th Ave, Menominee, MI 49858

Build-to-suit Family Dollar retail building constructed in 2010 with a double net lease structure.

Property SizeContact for details
Days on Market148

Property Features for 1000 16th Ave

General Information

Standard status Pending
Property subtype Retail

Building Details

Year Built 2010
Tenancy Single
Listing Agency: Trade Properties
Listed By: Chris Adams · License #619855
Source: Crexi
Added: Apr 12 Changed: Aug 23 Last Checked: Sep 4 at 6:27PM

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 Trade Properties

Investment Insights

Based on property information with market context.

This single-tenant retail building was built-to-suit for a Family Dollar location in 2010. The current tenant has renewed the lease for an additional five-year term.

The offering is structured as a double net lease, with landlord responsibilities generally limited to roof and structure. The tenant is responsible for HVAC systems.

The property is presented for sale as a passive investment opportunity with limited landlord involvement tied to the lease structure.

Key Highlights

  • Build‑to‑suit Family Dollar retail building constructed in 2010
  • Tenant recently renewed the lease for an additional 5‑year term
  • Double net (NN) lease structure with landlord responsibilities limited to roof and structure

Property Analytics

Current Use

Family Dollar Discount Store

Suggested Use

Top Pick Big Box & Wholesale Store HVAC Service Grocery & Convenience Store (Bike/Boat/Book/etc) Store Real Estate Agency Locksmith

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

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

486
Businesses Nearby
71k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 89% Shops & Services 9% Hotels & Casinos 2%
McDonald's Dining
21,297 visits/mo 0.4 miles
Taco Bell Dining
13,322 visits/mo 0.5 miles
Burger King Dining
7,759 visits/mo 0.4 miles
Dunkin' Donuts Dining
7,578 visits/mo 0.4 miles
Family Dollar Shops & Services
4,681 visits/mo 0.1 miles

Demographics for 49858, MI

11,939
Population
6,486
Households
1.8
Avg Household Size
49
Median Age
19%
College-Educated
93%
High-School Grad
86.8 sq mi
ZIP Area
138
Density / Sq Mi
$52,813
Median Household Income
$39,492
Median Earnings
$691
Median Rent
$127,100
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
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Build-to-suit Family Dollar retail building constructed in 2010 with a double net lease structure.
Where is this retail space located?
The property is located at 1000 16th Ave Menominee, MI.
What are key features of this property?
This property features: Build‑to‑suit Family Dollar retail building constructed in 2010; Tenant recently renewed the lease for an additional 5‑year term; Double net (NN) lease structure with landlord responsibilities limited to roof and structure
More about this property
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