2301 Ludington St | Escanaba, MI 49829
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2301 Ludington St
Escanaba, MI 49829
Walgreens New 15 Year Absolute NNN Lease · Retail Property For Sale
Investment Highlights
- Brand-New 15 Year Absolute Net Lease | No Landlord Responsibilities | Corporately Guaranteed
- A Top Performing Walgreens Location with Reported Store Sales of $4.6 Million
- Situated in a Dense Retail Corridor Near Multiple National Tenants Such as Walmart Supercenter, Menards, Aldi, Meijer, McDonald’s, and More
- Five Percent Rental Increases Every Five-Years in the Base Term and in Each of 12, Five-Year Renewal Options
- Located On a Hard, Signalized Corner Seeing Over 29,000 Combined Vehicles Per Day | High Visibility with Three Points of Ingress/Egress & Pylon Sign
- One Mile from OSF St. Francis Hospital and Medical Campus | 0.3 Miles From Escanaba High School (1,100+ Students)
PROPERTY FACTS
Property Type
Retail
Property Subtype
Drug Store
Building Size
14,820 SF
Building Class
C
Year Built
2000
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
5.34 AC
PROPERTY TAXES
| Parcel Number | 210511202825429006 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $987,900 |
PROPERTY TAXES
Parcel Number
210511202825429006
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$987,900
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