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500 S Carpenter Ave
Kingsford, MI 49802
Shopko Absolute NNN Lease · Retail Property For Sale

Property Facts

Property Type
Retail
Property Subtype
Freestanding
Building Size
94,213 SF
Building Class
C
Year Built/Renovated
1970/1990
Tenancy
Single
Building Height
1 Story
Building FAR
0.31
Lot Size
7.00 AC
Zoning
Commercial - Commercial district zone
Parking
416 Spaces (4.42 Spaces per 1,000 SF Leased)

Amenities

  • Monument Signage
  • Air Conditioning

About 500 S CARPENTER AVE , KINGSFORD, MI 49802

The subject property is a 94,213 square foot Shopko located in Kingsford, Michigan. The property features excellent exposure on Highway M-95. The site sits near the Birchwood Mall where JC Penny is an anchor. It is also near national retailers like Family Dollar, Burger King, and NAPA Auto Parts. The tenant is subject to a long term absolute net lease with 18 years remaining on the initial term. There are zero landlord obligations. The City of Kingsford is centrally located on the south border of Michigan’s Upper Peninsula. One of the area’s youngest communities, Kingsford originated from the industrial expansion of Henry Ford in 1920, building an automobile support plant closer to the raw materials of the U.P. Although Ford Motor Company no longer operates a plant in Kingsford, the city continues to thrive, offering a family and business friendly community with superb schools, diverse industries, businesses and a progressive climate for economic growth–all in an area that offers a wide array of recreational opportunities with a friendly neighborhood atmosphere.

Property Taxes

Property Taxes

Parcel Number
052-001-038-00
Land Assessment
$1,163,800
Improvements Assessment
$0
Total Assessment
$1,163,800
  • Listing ID: 12827572

  • Date on Market: 6/11/2018

  • Last Updated:

  • Address: 500 S Carpenter Ave, Kingsford, MI 49802

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