- For Sale $1,017,753
- Property Type Retail - Freestanding
- Property Size 3,694 SF
- Lot Size 0.98 Acre
- Property Tenancy Single Tenant
- Year Built 1990
- Year Renovated 2020
- Date Updated Jan 23, 2024
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Highlights
- Completely Passive Asset With Zero Landlord Responsibility | Absolute NNN 15-Year Lease Commences at Close of Escrow
- 2% Annual Rental Increases Provide Automatic NOI Growth & Inflation Hedge
- Lease Supports (4) 5-Year Option Periods
- Low Rent to Sales Ratio at 5.50%
- Drive-Thru Location Completely Retrofit For Domino's in 2020
- Relocation From A Successful Store in the Existing Market
- Close Proximity to Lake Superior State University
- Located On Ashmun St, Sault St. Marie's Main Retail Thoroughfare Featuring National Tenants Including: Rite Aid, Hungry Howies, Family Dollar, Dairy Queen, Walgreen's, Jimmy John's, Pizza Hut, Goodwill, Pet Supplies Plus, Taco Bell, McDonald's, KFC, Verizon, and Many More
- The Tenant Benefits From Approximately 6,500 Households Located Within a 5-Mile Radius
False
Contacts
Location
Getting Around
-
Walk Score ®
84/100
Very Walkable
-
Bike Score ®
60/100
Bikeable
- City Sault Sainte Marie, MI
- Neighborhood Sault Sainte Marie
- Zip Code 49783
Points of Interest
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Marathon
0.29 miles
-
Krist
0.92 miles
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Holiday
1.04 miles
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Krist
1.08 miles
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Admiral Petroleum Co.
1.16 miles
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Holiday
1.71 miles
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MidJim
1.90 miles
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Sunoco
2.37 miles
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Marathon
2.41 miles
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Admiral
2.45 miles
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Depot Lot
0.62 miles
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Michigan Welcome Center Parking Area
1.03 miles
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Park and Ride
2.73 miles
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Burger King
0.00 miles
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Hungry Howie's
0.13 miles
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Penny's Kitchen
0.30 miles
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China Cate
0.42 miles
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Zorba's Greek & American Cuisine
0.46 miles
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Frank's Place
0.46 miles
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Subway
0.48 miles
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Palace Restaurant & Saloon
0.49 miles
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Lockview Restaurant
0.51 miles
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Freighters Restaurant
0.53 miles
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SuperValu
0.15 miles
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CGX
0.64 miles
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Walmart Supercenter
2.16 miles
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JCPenney
2.36 miles
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TJ Maxx
2.41 miles
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Meijer
2.67 miles
Frequently Asked Questions
What is the lease rate for Domino's?
Rental asking rate at Domino's is $508,876.50/YR.
What is the total square footage of Domino's?
Domino's totals 3,694 square feet.
When was this property built?
Domino's was built in 1990.
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