Domino's
$538,800
5784 W Us Highway 10, Ludington, MI 49431
For Sale
Retail
Free Standing
Active
Last Updated: 05/05/2026
6.75
Cap Rate
36,369.72
NOI
Details:
Cap Rate: 6.75%
NOI: $36,369.72
Building Size: 1,704 sqft
Lot Area: 0.6259 acres
Occupancy: 100%
Year Built: 1980
Highlights:
- 11 Years Remaining on Initial 15 Year Lease Term - Provides long term lease stability with a substantial term remaining.
- 2% Annual Rental Increases - Built-in rent growth creates steady income increases over time providing a hedge against inflation.
- Rent to Sales Ratio Below 5.25% - A low rent-to-sales ratio suggests the location is financially healthy for the tenant.
- Drive Thru Equipped Building - The drive-thru adds convenience for customers and supports strong sales volume.
- Retrofit to Tenant's Specs in 2022 - Recent upgrades tailored to the tenant reduce near-term capital needs.
- 29,000+ Vehicles Pass the Site Every Day - High daily traffic provides strong visibility and customer exposure.
- Located at a Signalized Intersection On US-10, Ludington's Main Retail Thoroughfare - This prime corner location offers excellent access and strong retail positioning.
- Coveted Northern Michigan Summer Vacation Community - The area benefits from seasonal tourism that can boost customer traffic and sales.
Location
Gallery
