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Family Dollar

$465,000

5299 N US Hwy 23, Oscoda, MI 48750

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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Map:
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