4656 Calumet Avenue
Manitowoc, WI
Price:
$3,066,000
Cap Rate:
5.60%
NOI:
$171,674
Building Size:
Approx. 4,042 Sq. Ft.
Lot Size:
Approx. 0.75 Acres
Type:
Single-Tenant / Retail
Sub Category:
Automotive Service
Year Built:
2020
Investment Overview
- 2020 Construction. 4,042+/- SF Building on 0.86+/- Acre Site
- 15-Yr Corp Absolute NNN Lease w/ 10% Rent Bump Every 5-Yrs
- Strategically Located at the Intersection of I-43 and U.S. 151
- Near Lowe’s, Meijer, Harley Davidson, AMC, Walmart, Kwik Trip, ALDI
- Strong Income Demographics w/ est. $69,758 within a 1-Mile Radius
- Manitowoc | Known as Wisconsin’s Maritime Capital | Population: 33,000+