Single-Tenant Drive-Thru
200 E Parkdale Ave Manistee, MI 49660
200 E Parkdale Ave, Manistee, MI, 49660
$2,137,111
For Sale
$2,137,111
Newly built Starbucks with drive-thru stacking and patio on a 1.56-acre C-1 parcel under a brand-new 10-year lease.
Property Size2,445 SF
Lot Size1.56 Acres
Price / SF$874.07
Days on Market111
Property Features for 200 E Parkdale Ave
General Information
- Standard status
- Active
- Size
- 2,445 SF
- Lot size
- 1.56 Acres
- Property subtype
- Single-Tenant Vacant-User
Listing agency
Detroit Office
(248) 415-2636
Listed by
Ashish Vakhariya · License #MI: 6501322501
(248) 415-2636
Source
Marcusmillichap
Added: Apr 3 Updated: Jul 21 at 10:21PM Checked: Jul 21 at 10:21PM
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Investment Insights
Based on property information with market context.
Marcus & Millichap presents a 2,445-square-foot, single-tenant Starbucks featuring the newest drive-thru and patio prototype. The property is located on a 1.56-acre commercial parcel zoned C-1.
The site is secured by a brand-new 10-year corporate lease structured as double-net, with four five-year renewal options. Rent increases are set at $2.00 per square foot every five years, including during option periods.
Access and parking include dedicated drive-thru service with 14-car stacking capacity and 29 surface parking spaces. The property is situated along the high-traffic US-31/M-55 corridor in Manistee, and is reported to see more than 14,000 vehicles per day. It is approximately 1.5 miles from Munson Healthcare Manistee Hospital.
The site is secured by a brand-new 10-year corporate lease structured as double-net, with four five-year renewal options. Rent increases are set at $2.00 per square foot every five years, including during option periods.
Access and parking include dedicated drive-thru service with 14-car stacking capacity and 29 surface parking spaces. The property is situated along the high-traffic US-31/M-55 corridor in Manistee, and is reported to see more than 14,000 vehicles per day. It is approximately 1.5 miles from Munson Healthcare Manistee Hospital.
Key Highlights
- 2,445 SF, single‑tenant Starbucks at 200 E Parkdale Ave (US‑31) in Manistee, MI.
- Brand‑new 10‑year corporate lease (double‑net) with four 5‑year renewal options.
- Lease includes $2.00/SF rental increases every five years, including during option periods.
Property Analytics
Location Intelligence
Current Use by Public Records
Coffee shops
Similar For Sale Nearby
Similar Off Market Nearby
- Biggby Coffee — 285 E Parkdale Ave, Stronach, MI 49660
FAQs
What type of property is this?
Coffee shop - Newly built Starbucks with drive-thru stacking and patio on a 1.56-acre C-1 parcel under a brand-new 10-year lease.
Where is this coffee shop located?
The property is located at 200 E Parkdale Ave Manistee, MI.
What is the asking price?
The asking price for this property is $2,137,111.
What are key features of this property?
This property features: 2,445 SF, single‑tenant Starbucks at 200 E Parkdale Ave (US‑31) in Manistee, MI.; Brand‑new 10‑year corporate lease (double‑net) with four 5‑year renewal options.; Lease includes $2.00/SF rental increases every five years, including during option periods.
