Harbor Freight Tools
For Sale
Contact for pricing
701 Joe Mann Blvd, Midland, MI 48642
Single-tenant retail building with a double net lease and an adjacent vacant pad.
Property SizeContact for details
Days on Market144
Property Features for 701 Joe Mann Blvd
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
JLL - Philadelphia, Pennsylvania
(248) 581-3333
Listed By:
Colin Behr · License #PA RS318490
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 30 at 12:41AM
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 JLL - Philadelphia, Pennsylvania
Investment Insights
Based on property information with market context.
The fee-simple property comprises a 14,587 SF single-tenant retail building on 2.93 acres at 701 Joe Mann Blvd in Midland, Michigan. Harbor Freight Tools occupies the storefront under a landlord-favorable double net lease with reimbursement of operating expenses. The agreement has approximately 7 years remaining, includes five 5-year extension options, and provides 10.0% rent escalations every five years.
The property sits alongside Midland Mall within Midland’s primary retail corridor, where the mall generates more than 2.8 million annual visits. Average traffic is reported at 22,000+ VPD across nearby thoroughfares. The surrounding retail concentration includes Home Depot, Target, Lowe’s, Marshalls, Kohl’s, and Walmart. An adjacent vacant pad is also included, providing additional site area for future development subject to applicable approvals.
The property sits alongside Midland Mall within Midland’s primary retail corridor, where the mall generates more than 2.8 million annual visits. Average traffic is reported at 22,000+ VPD across nearby thoroughfares. The surrounding retail concentration includes Home Depot, Target, Lowe’s, Marshalls, Kohl’s, and Walmart. An adjacent vacant pad is also included, providing additional site area for future development subject to applicable approvals.
Key Highlights
- 14,587 SF single‑tenant retail building on 2.93 acres
- Harbor Freight Tools occupies the property under a double net lease
- Approximately +7 years remaining with five, five‑year extension options
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
770
Businesses Nearby
439k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 41%
Shops & Services 30%
Apparel 21%
Hotels & Casinos 4%
Walmart
Superstores
108,587 visits/mo
0.4 miles
Target
Superstores
71,769 visits/mo
0.4 miles
Marshalls
Apparel
41,719 visits/mo
0.2 miles
Kohl's
Apparel
38,877 visits/mo
0.2 miles
Dollar Tree
Shops & Services
27,392 visits/mo
0.3 miles
Demographics for 48642, MI
33,457
Population
14,663
Households
2.3
Avg Household Size
40
Median Age
42%
College-Educated
96%
High-School Grad
104.7 sq mi
ZIP Area
320
Density / Sq Mi
$77,690
Median Household Income
$48,407
Median Earnings
$1,100
Median Rent
$194,100
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?
Storefront property - Single-tenant retail building with a double net lease and an adjacent vacant pad.
Where is this storefront property located?
The property is located at 701 Joe Mann Blvd Midland, MI.
What are key features of this property?
This property features: 14,587 SF single‑tenant retail building on 2.93 acres; Harbor Freight Tools occupies the property under a double net lease; Approximately +7 years remaining with five, five‑year extension options
