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Big Lots Retail Investment Opportunity

3396 Interstate 75 Business Spur, Sault Sainte Marie, MI

For Sale
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Big Lots retail property for sale in Sault Ste. Marie.

Property Size33,250 SF
Lot Size2.73 Acres
Price / SF$60
Days on Market848

Property Features for 3396 Interstate 75 Business Spur

General Information

Standard status Active
Size 33,250 SF
Lot size 2.73 Acres
Property subtype RETAIL
Listing Agency: Trinity Real Estate Investment Services - Corporate
Listed By: Kyle Boliver
Source: Moodyscre
Added: Jul 18, 2024 Changed: Nov 6 Last Checked: Nov 10 at 8:34AM

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 Trinity Real Estate Investment Services - Corporate

Rey
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Investment Insights

Based on property information with market context.

This retail property in Sault Ste. Marie, MI, is an upgraded construction occupied by Big Lots. The tenant has been operating at this location since 2002. The lease is structured as NN, with the landlord responsible for the parking lot, roof, and structure. The property is situated in a dense retail corridor with various big box tenants and apartments within 2 miles, generating additional customer traffic. Located along I-75, the site benefits from a strong traffic volume of 15,500 vehicles per day. The surrounding area has healthy demographics, with over 15,800 residents within a 5-mile radius. Sault Ste. Marie is the second-most populated city in the Upper Peninsula. The property encompasses 33,250 square feet.

Key Highlights

  • Long‑term tenant (Big Lots) operating at the current location since 2002.
  • NN Lease with minimal landlord responsibilities (parking lot, roof, and structure).
  • Upgraded construction.

Property Analytics

Who owns this building? See the owner, sales and loan history
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Current Use

Retail space

Location Intelligence

Trade Area within ½ mile

928
Businesses Nearby
19k
Monthly Visits Nearby

Foot Traffic Nearby

Home Improvements & Furnishings 43% Shops & Services 39% Dining 18%
Parkers Hardware Home Improvements & Furnishings
7,231 visits/mo 0.4 miles
Marathon Shops & Services
4,288 visits/mo 0.1 miles
Marathon Shops & Services
3,004 visits/mo 0.3 miles
Domino's Pizza Dining
2,774 visits/mo 0.3 miles
Sherwin-Williams Paint Store Home Improvements & Furnishings
680 visits/mo 0.2 miles
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Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Big Lots retail property for sale in Sault Ste. Marie.
Where is this retail space located?
The property is located at 3396 Interstate 75 Business Spur Sault Sainte Marie, MI.
What is the asking price?
The asking price for this property is $1,995,000.
What are key features of this property?
This property features: Long‑term tenant (Big Lots) operating at the current location since 2002.; NN Lease with minimal landlord responsibilities (parking lot, roof, and structure).; Upgraded construction.
(940) 395-2353 Call to check price and availability
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