Single-Tenant Retail
Starbucks | 2025 New Construction | New 10-Year Lease
200 E Parkdale , Manistee, MI
Listing Price: $2,219,308
Click To Access Offering Memorandum- Cap Rate6.35%
- Building SF2,445 SF
- Price/SF$929.15
- Year Built / Renovated2025
Investment Highlights
- New 10-Year Corporate Double-Net Lease (in process) with (4) 5-Year Options | Starbucks S&P: BBB+
- Drive-Thru + Patio Prototype | 14-Car Stacking and 29 Surface Spaces
- Highway Visibility on US-31 / M-55 | 14,000+ Vehicles Per Day
- 1.56-Acre C-1 Commercial Parcel
- 1.5 Miles to 45-Bed Munson Healthcare Manistee Hospital | Major Regional Employer
- Tourism & Recreation Hub | Lake Michigan Beaches, Little River Casino Resort, State Parks
- Strategic Northern Michigan Location | Serves Local Residents, Seasonal Travelers, and US-31 Corridor Traffic
Michigan Broker of Record | Paul Kerber | Two Towne Square, Ste 450 Southfield, MI 48076 | (248) 415-2600 | Lic #: 6506027275