Listing Agency: Marcus & Millichap - Atlanta d***@marcusmillichap.com Show Phone

Listed By: Don McMinn · License #GA 292036

Source: Crexi

Added: Apr 12 Changed: Aug 31 Last Checked: Aug 29 at 3:39PM

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Investment Insights

Based on property information with market context.

This grocery and convenience store property contains 10,640 SF of retail space and is offered for sale. The asset is identified as Dollar General and carries a 6.70% CAP. It is located at 5885 N. U.S. Hwy 131 in Manton, Michigan 49663.

Key Highlights

• 10,640 SF retail property
• 6.70% CAP
• Grocery and convenience store classification

Property Analytics

Current Use

Grocery and convenience stores

Suggested Use

Top Pick Auto Repair Shop Storage Facility Grocery & Convenience Store Restaurant Tattoo & Piercing Shop Food Market

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

12

Businesses Nearby

3k

Monthly Visits Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 100%

Dollar General Shops & Services

3,353 visits/mo 0.3 miles

Demographics for 49663, MI

6,199

Population

2,637

Households

2.4

Avg Household Size

39

Median Age

15%

College-Educated

88%

High-School Grad

162.7 sq mi

ZIP Area

38

Density / Sq Mi

$55,513

Median Household Income

$39,158

Median Earnings

$795

Median Rent

$144,400

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

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Grocery and convenience store - Grocery and convenience store property offered for sale in Manton, Michigan.

Where is this grocery and convenience store located?

The property is located at 5885 N U.S Hwy 131 Manton, MI.

What are key features of this property?

This property features: 10,640 SF retail property; 6.70% CAP; Grocery and convenience store classification