Goodwill Houghton
$1,700,000
911 Razorback Drive, Houghton, MI 49931
For Sale
Commercial
Active
Last Updated: 09/27/2022
Highlights:
- Guaranty by Goodwill Manasota
- Adjacent to Shopko, EconoFoods, Starbucks, Walmart, and more
- 51 Year Old Goodwill Operation
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.
Documents:
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