Two-Tenant Retail
For Sale
Contact for pricing
2800 US 41, Marquette, MI 49855
NN leases and limited landlord responsibilities support a straightforward retail ownership structure.
Property SizeContact for details
Days on Market145
Property Features for 2800 US 41
General Information
Standard status
Active
Property subtype
Retail
Building Details
Tenancy
Multi
Listing Agency:
Fortis Net Lease
Listed By:
Kyle Carson · License #MI 6501384480
Source:
Crexi
Added: Apr 10
Changed: Aug 31
Last Checked: Aug 30 at 10:14AM
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 Fortis Net Lease
Investment Insights
Based on property information with market context.
This two-tenant retail center at 2800 US 41 in Marquette, Michigan, is occupied by H&R Block and Verizon Wireless. Each tenant operates under a 5-year NN lease, while H&R Block’s lease includes a 6.6% rent increase in year two and a 6.25% increase in year four. The NN structure limits the landlord’s ongoing responsibilities.
The property functions as an outparcel to Westwood Mall within an established retail corridor. Menards, Walmart, Target, and Lowe’s are approximately a Half Mile away, with additional surrounding retailers including Best Buy, CVS, Starbucks, Culver’s, Red Lobster, Applebee’s, AutoZone, Goodwill, Bigby, and Gander Mountain. The surrounding area exceeds 27,000 residents, with average household income within five miles above $40,000 and median home value above $160,000.
The property functions as an outparcel to Westwood Mall within an established retail corridor. Menards, Walmart, Target, and Lowe’s are approximately a Half Mile away, with additional surrounding retailers including Best Buy, CVS, Starbucks, Culver’s, Red Lobster, Applebee’s, AutoZone, Goodwill, Bigby, and Gander Mountain. The surrounding area exceeds 27,000 residents, with average household income within five miles above $40,000 and median home value above $160,000.
Key Highlights
- Two‑tenant retail center occupied by H&R Block and Verizon Wireless
- Both tenants have 5‑year NN leases
- H&R Block lease includes a 6.6% rent increase in year two and a 6.25% increase in year 4
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
18
Businesses Nearby
585
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Hotels & Casinos 100%
Econo Lodge Lakeview
Hotels & Casinos
585 visits/mo
0.2 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?
Shopping center - NN leases and limited landlord responsibilities support a straightforward retail ownership structure.
Where is this shopping center located?
The property is located at 2800 US 41 Marquette, MI.
What are key features of this property?
This property features: Two‑tenant retail center occupied by H&R Block and Verizon Wireless; Both tenants have 5‑year NN leases; H&R Block lease includes a 6.6% rent increase in year two and a 6.25% increase in year 4
