Family Dollar
$465,000
5299 N US Hwy 23, Oscoda, MI 48750
For Sale
Retail
Free Standing
Active
Last Updated: 12/12/2023
8.35
Cap Rate
38,833
NOI
Details:
Cap Rate: 8.35%
NOI: $38,833
Building Size: 7,000 sqft
Lot Area: 0.75 acres
Year Built: 1998
Highlights:
- Strong Commitment to the Site | Tenant Has Over 26 Years at This Location
- Recently Executed a 5-Year Extension with Two, 5-Year Options Available
- Positioned at the Signalized Intersection of N US Highway 23 and Fullerton Street
- Excellent Visibility with Frontage and Signage Along N US Highway 23 | Traffic Counts of Over 18,400 VPD
- Situated Along a Retail Corridor and Surrounded by National Retailers Including Burger King, KFC, McDonald's, Rite Aid, Taco Bell and Many More
- Multiple Points of Access and Ample Parking
- Located in Popular Beach Town Oscoda Known for Popular Attractions Including Largo Springs and Oscoda Beach Park
- 3 Miles Southeast of Oscoda-Wurtsmith Airport (KOSC)
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