Multi-Tenant NNN
For Sale
Contact for pricing
4528 E Ludington Ave, Ludington, MI 49431
Three established occupants operate under long-term triple-net lease agreements with option periods.
Property Size5,648 SF
Lot Size1.20 Acres
Days on Market143
Property Features for 4528 E Ludington Ave
General Information
Standard status
Active
Size
5,648 SF
Lot size
1.20 Acres
Property subtype
Retail
Additional Details
Gross Income
$177,460
Anchor Co-Tenants
Starbucks, Great Clips, Spectrum
Building Details
Tenancy
Multi
Listing Agency:
SURMOUNT
(332) 345-4222
Listed By:
Anthony DAmbrosia · License #NY 10401294012
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 29 at 6:55PM
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.
This multi-tenant NNN property at 4528 E Ludington Ave in Ludington, Michigan, contains approximately 5,648 rentable square feet across an estimated 1.2-acre parcel. The tenant roster includes Starbucks, Great Clips, and Spectrum, creating a three-occupant commercial configuration.
Lease terms include 10-year NNN agreements for Starbucks and Great Clips and a 7-year NNN agreement for Spectrum. The property has a weighted average lease term of 4.85 years, and each agreement provides multiple option periods. The current annual rent is not included in this summary.
Lease terms include 10-year NNN agreements for Starbucks and Great Clips and a 7-year NNN agreement for Spectrum. The property has a weighted average lease term of 4.85 years, and each agreement provides multiple option periods. The current annual rent is not included in this summary.
Key Highlights
- Approximately 5,648 rentable square feet on an estimated 1.2‑acre parcel
- Three tenants: Starbucks, Great Clips, and Spectrum
- Starbucks and Great Clips occupy under 10‑year NNN leases
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
602
Businesses Nearby
Explore this area
Business Placement
Demographics for 49431, MI
17,044
Population
9,959
Households
1.7
Avg Household Size
48
Median Age
29%
College-Educated
94%
High-School Grad
96.1 sq mi
ZIP Area
177
Density / Sq Mi
$63,313
Median Household Income
$36,924
Median Earnings
$850
Median Rent
$218,600
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 - Three established occupants operate under long-term triple-net lease agreements with option periods.
Where is this nnn property located?
The property is located at 4528 E Ludington Ave Ludington, MI.
What are key features of this property?
This property features: Approximately 5,648 rentable square feet on an estimated 1.2‑acre parcel; Three tenants: Starbucks, Great Clips, and Spectrum; Starbucks and Great Clips occupy under 10‑year NNN leases
