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Former Rite Aid - For Sale or Lease 5280 N US-23 Hwy

11,060 SF Retail Building Oscoda, MI 48750 £978,063 (£88/SF)

Investment Highlights

  • Asking Rent: $10.50 PSF
  • 2.3 Miles from the Oscoda/Wurtsmith Airport
  • Nearby Retailers include Family Dollar, KFC, Burger King, Biggby Coffee, McDonald's, Huntington Bank, and many more
  • 11,060 SF Free-Standing Building | 1.79 Acre Parcel
  • Asset is Positioned at the Hard Corner Lighted Intersection of U.S. 23 and Fullerton Street | Averages 14,000+ Vehicles per day

Executive Summary

Asking Rent: $10.50 PSF
11,060 SF Free-Standing Building | 1.79 Acre Parcel
2.3 Miles from the Oscoda/Wurtsmith Airport
Asset is Positioned at the Hard Corner Lighted Intersection of U.S. 23 and Fullerton Street | Averages 14,000+ Vehicles per day
Nearby Retailers include Family Dollar, KFC, Burger King, Biggby Coffee, McDonald's, Huntington Bank, and many more
Millions of Visitors come to Lake Huron Annually |Close Proximity to Numerous Resorts and Hotels including The Lake Huron Resort, Pines on the Lake, and Oscoda Lakeside Hotel

Property Facts Under Contract

Sale Type
Investment
Property Type
Retail
Property Subtype
Drug Store
Building Size
11,060 SF
Building Class
B
Year Built
1998
Price
£978,063
Price Per SF
£88
Tenancy
Single
Number of Floors
1
Building FAR
0.14
Lot Size
1.79 AC
Opportunity Zone
Yes

Nearby Major Retailers

Biggby Coffee
Family Fare Supermarkets
Huntington National Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
064-V30-000-004-00
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£99,293
  • Listing ID: 33472513

  • Date on Market: 10/10/2024

  • Last Updated:

  • Address: 5280 N US-23 Hwy, Oscoda, MI 48750

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