Map of Property

Domino's Listing Details & Market Data

719 Ashmun St, Sault Sainte Marie, MI 49783

  • 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

Contacts

broker

Brandon Kassab

Encore Real Estate Investment Services

(248) 702-0292

Location

Getting Around

  • Walk Score ®

    Very Walkable (84)

  • Bike Score ®

    Bikeable (60)
Powered by Walk Score ®
  • City Sault Sainte Marie, MI
  • Neighborhood Sault Sainte Marie
  • Zip Code 49783

Points of Interest

  • Marathon

    0.29 miles

  • Krist

    0.92 miles

  • Holiday

    1.04 miles

  • Krist

    1.08 miles

  • Admiral Petroleum Co.

    1.16 miles

  • Holiday

    1.71 miles

  • MidJim

    1.90 miles

  • Sunoco

    2.37 miles

  • Marathon

    2.41 miles

  • Admiral

    2.45 miles

  • Depot Lot

    0.62 miles

  • Michigan Welcome Center Parking Area

    1.03 miles

  • Park and Ride

    2.73 miles

  • Burger King

    0.00 miles

  • Hungry Howie's

    0.13 miles

  • Penny's Kitchen

    0.30 miles

  • China Cate

    0.42 miles

  • Zorba's Greek & American Cuisine

    0.46 miles

  • Frank's Place

    0.46 miles

  • Subway

    0.48 miles

  • Palace Restaurant & Saloon

    0.49 miles

  • Lockview Restaurant

    0.51 miles

  • Freighters Restaurant

    0.53 miles

  • SuperValu

    0.15 miles

  • CGX

    0.64 miles

  • Walmart Supercenter

    2.16 miles

  • JCPenney

    2.36 miles

  • TJ Maxx

    2.41 miles

  • Meijer

    2.67 miles

Contact Listing Broker

broker

Brandon Kassab

Encore Real Estate Investment Services

(248) 702-0292