Retrofit Quick-Service Retail
For Sale
$519,500
5784 US-10, Ludington, MI 49431
Domino's retail building opened in 2022 at a hard-corner site on US Highway 10 in Ludington, Michigan.
Property Size1,704 SF
Price / SF$304.87
Days on Market32
Property Features for 5784 US-10
General Information
Standard status
Active
Size
1,704 SF
Property subtype
Retail
Site & Location
Traffic Count
30,000 vehicles/day
Highway Access
Yes
Road Access
Yes
Building Details
Building Size
1,704 SF
Year Renovated
2022
Tenancy
Single
Listing Agency:
Encore Real Estate Investment Services
(248) 702-0292
Listed By:
Brandon Kassab · License #6502378067
(248) 702-0292
Source:
Cpix.resimplifi
Added: Jul 23
Changed: Aug 23
Last Checked: Aug 23 at 10:12AM
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 Encore Real Estate Investment Services
Investment Insights
Based on property information with market context.
Encore REIS presents a Domino’s retail property located along US Highway 10 in Ludington, Michigan. The building was retrofitted for Domino’s in 2022 and the store opened in 2022. The property is positioned on a hard corner intersection of E Ludington Ave (US-Hwy-10) and Nelson Rd.
The site benefits from reported traffic of over 30,000 vehicles per day on average. US-Hwy 10 runs between Bay City, Michigan and West Fargo, North Dakota, and Ludington is described as a major summer vacation destination along Lake Michigan.
The transaction is offered for sale and includes a 15-year lease with 2% annual rental increases. The lease structure calls for minimal landlord responsibility, with the tenant required to pay taxes directly, insure the building for the landlord’s benefit, and handle all day-to-day maintenance. Landlord responsibilities are limited to roof and HVAC, plus parking lot maintenance and repair above a certain dollar amount in a given year, as stated in the remarks.
The site benefits from reported traffic of over 30,000 vehicles per day on average. US-Hwy 10 runs between Bay City, Michigan and West Fargo, North Dakota, and Ludington is described as a major summer vacation destination along Lake Michigan.
The transaction is offered for sale and includes a 15-year lease with 2% annual rental increases. The lease structure calls for minimal landlord responsibility, with the tenant required to pay taxes directly, insure the building for the landlord’s benefit, and handle all day-to-day maintenance. Landlord responsibilities are limited to roof and HVAC, plus parking lot maintenance and repair above a certain dollar amount in a given year, as stated in the remarks.
Key Highlights
- Domino's retail building opened in 2022 at a hard‑corner intersection on US Highway 10 (E Ludington Ave) and Nelson Rd in Ludington, MI
- Tenant signed a 15‑year lease in 2022 with 2% annual rental increases
- Minimal landlord responsibility: tenant pays taxes directly and handles day‑to‑day maintenance; landlord covers roof, HVAC, and parking lot maintenance/repair above a set dollar amount
Property Analytics
Property Profile
Current Use
Lease Details
30,000 VPD
Traffic count
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
642
Businesses Nearby
Under-served
Demand for This Use
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
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Similar Off Market Nearby
- Bela Floral — 5734 US-10, Ludington, MI 49431
Frequently Asked Questions
What type of property is this?
Storefront property - Domino's retail building opened in 2022 at a hard-corner site on US Highway 10 in Ludington, Michigan.
Where is this storefront property located?
The property is located at 5784 US-10 Ludington, MI.
What is the asking price?
The asking price for this property is $519,500.
What are key features of this property?
This property features: Domino's retail building opened in 2022 at a hard‑corner intersection on US Highway 10 (E Ludington Ave) and Nelson Rd in Ludington, MI; Tenant signed a 15‑year lease in 2022 with 2% annual rental increases; Minimal landlord responsibility: tenant pays taxes directly and handles day‑to‑day maintenance; landlord covers roof, HVAC, and parking lot maintenance/repair above a set dollar amount
