11802 Chippewa Hwy | Bear Lake, MI 49614
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11802 Chippewa Hwy
Bear Lake, MI 49614
Dollar General · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Freestanding 8,125 SF building on a 1-acre lot with 34 surface parking spaces
- Attractive Cap Rate with stable NOI and strong rent performance
- Located on US-31 in Manistee County (5,588+ VPD)
- NN+ Corporate Lease with 4–5 years remaining and minimal landlord responsibilities
- Strategic Rural Michigan Location with Zero Vacancy
- Underserved rural trade area with no local competition and strong traffic
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,125 SF
Building Class
C
Year Built
2005
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
1.00 AC
Zoning
C1 - Commercial
Parking
34 Spaces (4.18 Spaces per 1,000 SF Leased)
Frontage
78’ on Chippewa Hwy
PROPERTY TAXES
| Parcel Number | 02-008-200-07 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $238,500 |
PROPERTY TAXES
Parcel Number
02-008-200-07
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$238,500
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