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701 Joe Mann Blvd
Midland, MI 48642
Retail Property For Sale
Investment Highlights
- Corporate lease with Harbor Freight Tools USA, Inc.
- New ten (10) year lease with a one-time tenant termination right upon the 60th month.
- New roof installed in March 2012 which has a fifteen (15) year warranty.
- Single-tenant investment with limited Landlord responsibilities.
- Ten percent (10%) rental increases every five (5) years during the initial lease term and option periods
- Entire Parking lot milled and repaved in September of 2020.
Property Facts
Property Type
Retail
Property Subtype
Storefront
Building Size
14,587 SF
Building Class
B
Year Built/Renovated
1993/2021
Building Height
1 Story
Building FAR
0.11
Lot Size
2.93 AC
Zoning
RC - Provide for commercial development that offers diversity of retail, service, entertainment, office, finance, and related business uses to serve needs
Parking
164 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
339’ on Joe Mann Blvd
Amenities
- Corner Lot
- Pylon Sign
- Signage
Property Taxes
| Parcel Number | 11-33-40-250 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $870,800 |
Property Taxes
Parcel Number
11-33-40-250
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$870,800
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