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Freestanding Retail Building in Menominee
For Sale
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3101 10th St, Menominee, MI 49858

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

Property Size5,080 SF
Lot Size1.65 Acres
Price / SF$767.72
Days on Market159

Property Features for 3101 10th St

General Information

Standard status Active
Size 5,080 SF
Class A
Lot size 1.65 Acres
Property subtype Retail
Lease Type Absolute Net
Investment Type Sale/Leaseback
Net Operating Income $370,500

Building Details

Buildings 1
Tenancy Single
Listing Agency: Northmarq - Chicago
Listed By: Christian Tremblay · License #475165868
Source: Crexi
Added: Mar 5 Changed: Aug 8 Last Checked: Aug 10 at 10:23AM

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 Northmarq - Chicago

Investment Insights

Based on property information with market context.

Available for sale is a 5,080 square foot freestanding retail building, constructed in 2024, situated on a 1.65-acre parcel of land. The property is located in Menominee, MI. The property is currently operating as a Fire Station dispensary. The dispensary operates under a fifteen (15) year Absolute NNN lease with zero landlord responsibilities and preferred 10% rental escalations every 5 years during the base term.

Key Highlights

  • Brand new 15‑year Absolute NNN lease offers zero landlord responsibilities.
  • Enjoy 10% rental escalations every 5 years during the base term.
  • Freestanding 5,080 square foot retail building.

Property Analytics

Current Use

The Fire Station Cannabis ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Building Supply Restaurant Auto Parts Store Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

163
Businesses Nearby
26k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 87% Dining 10% Hotels & Casinos 3%
Shell Shops & Services
13,301 visits/mo 0.4 miles
Dollar General Shops & Services
6,338 visits/mo 0.3 miles
Wild Bill's Tobacco Shops & Services
3,147 visits/mo 0.5 miles
Little Caesars Pizza Dining
2,517 visits/mo 0.5 miles
Econo Lodge On the Bay Hotels & Casinos
841 visits/mo 0.4 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
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Frequently Asked Questions

What type of property is this?
Retail space - 5,080 SF retail building on 1.65 AC available for sale.
Where is this retail space located?
The property is located at 3101 10th St Menominee, MI.
What is the asking price?
The asking price for this property is $3,900,000.
What are key features of this property?
This property features: Brand new 15‑year Absolute NNN lease offers zero landlord responsibilities.; Enjoy 10% rental escalations every 5 years during the base term.; Freestanding 5,080 square foot retail building.
(312) 858-6725 Call to check price and availability
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