Map of Property

Domino's

For Sale

719 Ashmun St, Sault Sainte Marie, MI 49783

This Sault Sainte Marie property for sale is located at 719 Ashmun St. The current listed sale price for Domino's is $1,017,753. Domino's is situated on a lot that is 0.98 acre in size.

Contacts

broker

Brandon Kassab

Encore Real Estate Investment Services

(248) 702-0292

Property Details

  • Property Type Retail - Freestanding
  • Property Size 3,694 SF
  • Lot Size 0.98 Acre
  • Property Tenancy Single Tenant
  • Year Built 1990
  • Year Renovated 2020
  • Date Updated Jan 23, 2024
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Highlights

  • Completely Passive Asset With Zero Landlord Responsibility | Absolute NNN 15-Year Lease Commences at Close of Escrow
  • 2% Annual Rental Increases Provide Automatic NOI Growth & Inflation Hedge
  • Lease Supports (4) 5-Year Option Periods
  • Low Rent to Sales Ratio at 5.50%
  • Drive-Thru Location Completely Retrofit For Domino's in 2020
  • Relocation From A Successful Store in the Existing Market
  • Close Proximity to Lake Superior State University
  • Located On Ashmun St, Sault St. Marie's Main Retail Thoroughfare Featuring National Tenants Including: Rite Aid, Hungry Howies, Family Dollar, Dairy Queen, Walgreen's, Jimmy John's, Pizza Hut, Goodwill, Pet Supplies Plus, Taco Bell, McDonald's, KFC, Verizon, and Many More
  • The Tenant Benefits From Approximately 6,500 Households Located Within a 5-Mile Radius

Getting around

  • 84/100

    Walk Score ®

  • 60/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Sault Sainte Marie, MI
  • Neighborhood Sault Sainte Marie
  • Zip Code 49783

Points of Interest

  • Marathon

    0.29 miles

  • Krist

    0.92 miles

  • Holiday

    1.04 miles

  • Krist

    1.08 miles

  • Admiral Petroleum Co.

    1.16 miles

  • Holiday

    1.71 miles

  • MidJim

    1.90 miles

  • Sunoco

    2.37 miles

  • Marathon

    2.41 miles

  • Admiral

    2.45 miles

  • Depot Lot

    0.62 miles

  • Michigan Welcome Center Parking Area

    1.03 miles

  • Park and Ride

    2.73 miles

  • Burger King

    0.00 miles

  • Hungry Howie's

    0.13 miles

  • Penny's Kitchen

    0.30 miles

  • China Cate

    0.42 miles

  • Zorba's Greek & American Cuisine

    0.46 miles

  • Frank's Place

    0.46 miles

  • Subway

    0.48 miles

  • Palace Restaurant & Saloon

    0.49 miles

  • Lockview Restaurant

    0.51 miles

  • Freighters Restaurant

    0.53 miles

  • SuperValu

    0.15 miles

  • CGX

    0.64 miles

  • Walmart Supercenter

    2.16 miles

  • JCPenney

    2.36 miles

  • TJ Maxx

    2.41 miles

  • Meijer

    2.67 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Brandon Kassab

Encore Real Estate Investment Services

(248) 702-0292