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Admiral Petroleum Gas Station
New
For Sale
$3,354,724

720 N Lincoln Rd, Escanaba, MI 49829

The Michigan property can be acquired on its own or as part of a broader portfolio purchase.

Property Size1,740 SF
Price / SF$1,928
Days on Market2

Property Features for 720 N Lincoln Rd

General Information

Standard status Active
Size 1,740 SF
Property subtype Auto Service - Gas-Conv
Lease Type NNN

Additional Details

Cap Rate 6.5%

Amenities

Long Term Lease | Current Term Runs Through May 2036
Four, Five Year Renewal Options | Built-In Annual Rent Increases
Can be Purchased as an Individual Property or as Part of a Portfolio

Building Details

Building Size 1,740 SF
Listed By: Timothy Nichols · License #License(s): IL: 475.159619
Source: Marcusmillichap
Added: Oct 9 Changed: Oct 10 Last Checked: Oct 10 at 2:43AM

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 Timothy Nichols

Investment Insights

Based on property information with market context.

The Admiral Petroleum offering includes 30 properties, with acquisition available on an individual-property basis or as part of a larger portfolio. This listing is for the station at 720 N Lincoln Rd in Escanaba, Michigan. The portfolio includes 29 Michigan properties and one in Indiana.

Key Highlights

  • 720 N Lincoln Rd, Escanaba, MI 49829
  • Part of a 30‑property Admiral Petroleum portfolio
  • The portfolio includes 29 Michigan properties and one Indiana property

Property Analytics

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Current Use

Admiral Petroleum Co Gas Station Western Union Bank

Suggested Use

Top Pick Law Firm Parking Lot & Garage Grocery & Convenience Store Plumbing Service Furniture & Home Goods Electrical Service

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

586
Businesses Nearby
10k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 100%
Gordon Food Service Groceries
9,730 visits/mo 0.5 miles

Demographics for 49829, MI

17,009
Population
8,729
Households
1.9
Avg Household Size
45
Median Age
19%
College-Educated
90%
High-School Grad
66.8 sq mi
ZIP Area
255
Density / Sq Mi
$45,808
Median Household Income
$31,366
Median Earnings
$667
Median Rent
$139,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

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

What type of property is this?
Gas station - The Michigan property can be acquired on its own or as part of a broader portfolio purchase.
Where is this gas station located?
The property is located at 720 N Lincoln Rd Escanaba, MI.
What is the asking price?
The asking price for this property is $3,354,724.
What are key features of this property?
This property features: 720 N Lincoln Rd, Escanaba, MI 49829; Part of a 30‑property Admiral Petroleum portfolio; The portfolio includes 29 Michigan properties and one Indiana property
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