Admiral NNN
For Sale
Contact for pricing
918 W Washington St, Marquette, MI 49855
Absolute NNN lease with more than 13 years remaining and four renewal options.
Property Size702 SF
Lot Size0.49 Acres
Days on Market144
Property Features for 918 W Washington St
General Information
Standard status
Active
Size
702 SF
Lot size
0.49 Acres
Property subtype
Retail
Building Details
Tenancy
Single
Listing Agency:
SURMOUNT
(332) 345-4222
Listed By:
Glen Kunofsky · License #NY 49KU1129178
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 29 at 2:58PM
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 SURMOUNT
Investment Insights
Based on property information with market context.
The Admiral property comprises approximately 702 rentable square feet within a 0.49-acre parcel at 918 W Washington St in Marquette, Michigan. The asset is subject to a 20-year absolute triple-net lease, placing landlord responsibilities at zero under the stated lease structure.
More than 13 years remain in the initial term, followed by four 5-year renewal options. Contractual rent growth is set at 2.00% annually during the base term and throughout each renewal option.
More than 13 years remain in the initial term, followed by four 5-year renewal options. Contractual rent growth is set at 2.00% annually during the base term and throughout each renewal option.
Key Highlights
- Admiral property at 918 W Washington St, Marquette, MI 49855
- Approximately 702 rentable square feet on an estimated 0.49‑acre parcel
- 20‑year absolute triple‑net (NNN) lease
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
760
Businesses Nearby
56k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 89%
Shops & Services 8%
Hotels & Casinos 3%
McDonald's
Dining
28,419 visits/mo
0.3 miles
KFC
Dining
7,624 visits/mo
0.2 miles
Hardee's
Dining
7,262 visits/mo
0.4 miles
SUBWAY
Dining
3,585 visits/mo
0.3 miles
BP
Shops & Services
3,286 visits/mo
0.5 miles
Demographics for 49855, MI
32,929
Population
15,779
Households
2.1
Avg Household Size
38
Median Age
45%
College-Educated
96%
High-School Grad
206.9 sq mi
ZIP Area
159
Density / Sq Mi
$62,321
Median Household Income
$27,408
Median Earnings
$992
Median Rent
$245,100
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Absolute NNN lease with more than 13 years remaining and four renewal options.
Where is this nnn property located?
The property is located at 918 W Washington St Marquette, MI.
What are key features of this property?
This property features: Admiral property at 918 W Washington St, Marquette, MI 49855; Approximately 702 rentable square feet on an estimated 0.49‑acre parcel; 20‑year absolute triple‑net (NNN) lease
