Contacts
Encore Real Estate Investment Services
Property Details
- Property Type Retail - Street Retail
- Property Size 1,332 SF
- Lot Size 0.35 Acre
- Property Tenancy Single Tenant
- Year Built 1998
- Year Renovated 2023
- Date Updated May 16, 2026
Reach out to the broker for more info on lease terms and amenities
Highlights
- 12 Years Remaining on Initial 15 Year Lease Term - Provides longterm lease stability.
- 2% Annual Rental Increases - Built in rent-growth creates compounding income increases over time to hedge against inflation and create property value.
- Coveted Northern Michigan Summer Destination - The area benefits from seasonal tourism that boosts customer traffic and sales.
- Drive-Thru Equipped Building - The drive-thru adds convenience for customers and supports strong sales volume.
- New Roof, HVAC, and Drive Thru Located on Manistee's Main Retail Thoroughfare - This prime location offers excellent access and strong retail positioning nearby all of the national and regional tenants.
- Rent to Sales Ratio Below 5% - A low rent to sales ratio suggests the location is financially strong for the tenant.
- Retrofit to Tenant's Specs in 2023 - Recent upgrades tailored to the tenant reduce near-term capital needs.
Getting around
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83/100
Walk Score ®
-
72/100
Bike Score ®
Location
- City Manistee, MI
- Zip Code 49660
Points of Interest
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Shell
0.06 miles
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Wesco
0.19 miles
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Family Fare Quick Stop
0.76 miles
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Meijer
2.06 miles
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BP
2.25 miles
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Marathon
2.52 miles
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Domino's
0.00 miles
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Little Caesars
0.03 miles
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A&W
0.05 miles
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China Buffet
0.06 miles
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Dairy Queen
0.16 miles
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The Fillmore
0.28 miles
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Blue Fish Kitchen + Bar
0.29 miles
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TJ's Pub
0.30 miles
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Fricano's Manistee River
0.40 miles
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The Outsider
0.41 miles
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Port City Organics
0.09 miles
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Family Fare
0.79 miles
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Gordmans
1.17 miles
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Meijer
1.95 miles
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Orchard Market
9.60 miles
Encore Real Estate Investment Services