Overview

Description

The 6.47% Cap Rate jumps to 6.80% in year two.​ Eleven years remaining on this single tenant Absolute Net Lease.​ The subject property is a Goodwill store located at 911 Razorback Drive in Houghton, Upper Peninsula, Michigan.​ The property consists of approximately 3 acres and is comprised of a 12,900 square foot building that was built in 2002.​


Houghton is a city in Michigan's Upper Peninsula and the largest city in the Copper County on the Keweenaw Peninsula.​ Houghton is home to Michigan Technological University.​

Highlights

• Guaranty by Goodwill Manasota
• Adjacent to Shopko, EconoFoods, Starbucks, Walmart, and more
• 51 Year Old Goodwill Operation

Documents

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