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1007 Memorial Rd
Houghton, MI 49931

$4,827,586 USD

Freestanding For Sale  •  14,550 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 14,550 SF
  • Lot Size 1.44 AC
  • Building Class B
  • Year Built 2015
  • Tenancy Single
  • Zoning B-3
0 Transit Score
46 Walk Score

Highlights

Absolute Net Lease | Zero Landlord Responsibilities | Passive Investment
10+ Years Remaining on Original 20-Year Lease W/ 11, 5-Year Options
Prototypical Free-Standing Walgreens W/ Drive-Thru On 1.44 Acres
Close Proximity to Michigan Technological University (2.1 Miles Away) - Over 7,300 Students
Corporate Guarantee | 6.2% Revenue Growth for Fiscal Year Ending 8/31/24 Reaching $147.7 Billion
Above Average Store Sales (Inquire W/ Agent for More Details)
Deno Bistolarides 248-702-0288 Encore Real Estate Investment Services
Deno Bistolarides 248-702-0288 Encore Real Estate Investment Services