Retail Space / Michigan / Norway / 49870 / 154 U.S. 2

154 U.S. 2

Q: What is the asking price for 154 U.S. 2 in Norway?

The asking price for 154 U.S. 2 is $1,471,266

Q: What is the building size of this Retail property in Norway, MI?

The size of the building/unit at 154 U.S. 2 in Norway is 8,320 square feet.

Q: How much land does the Norway, MI property at 154 U.S. 2 include?

154 U.S. 2 in Norway includes 1.000 acres of land.

Q: What kind of Retail is the propery at 154 U.S. 2?

The property at 154 U.S. 2 Norway, MI 49870 is listed as a Free Standing Building Retail property.

Q: What is the population within 1 mile of 154 U.S. 2?

The population within 1 mile of 154 U.S. 2 Norway, MI 49870 is 701 people.

Q: Who do I contact for questions about 154 U.S. 2?

You should contact the listing agent, Josh Bishop, for any details regarding this commercial listing.

Norway, MI 49870

Listing ID: 275074

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154 U.S. 2 Norway, MI 49870 | for Sale | Photo 1

Building Size: 8,320 SF

Lot Size: 1.000 AC

Land Size: 43,560 SF

Building $/SF: $176.83

Land $/SF: $33.78

Price

$1,471,266

Property Highlights

2015 build-to-suit construction for Family Dollar

9 Years remaining on the base term of an initial 15-Year lease

Relocation store from a previously existing site within the market

Relocation stores confirm proven markets with historically strong sales and an existing customer base

Extremely rare Absolute NNN lease w zero landlord responsibilities

Attractive 10 rental increase in 2024 cap rate will increase to 6.60

Attachments & Files

family-dollar-norway-mi-om-qLg-q0y.pdf

Points of Interest & Demographic Radii

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POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.

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Listing Demographics for 154 U.S. 2 Norway, MI 49870

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

		1-Mile	3-Miles	5-Miles
Total Population		701	4,452	6,839
Population Median Age		46	46	45
Population by Age	0-9 Yrs	59 (8%)	382 (8%)	572 (8%)
	10-19 Yrs	56 (7%)	373 (8%)	667 (9%)
	20-29 Yrs	77 (10%)	486 (10%)	739 (10%)
	30-39 Yrs	66 (9%)	450 (10%)	682 (9%)
	40-49 Yrs	82 (11%)	502 (11%)	767 (11%)
	50-59 Yrs	137 (19%)	839 (18%)	1255 (18%)
	60-69 Yrs	111 (15%)	717 (16%)	1112 (16%)
	70+ Yrs	113 (16%)	702 (15%)	1045 (15%)

Median HH Income		$50,533	$50,819	$52,587
Total Household Income	< 24K	82 (24%)	495 (23%)	680 (21%)
	25-49K	87 (25%)	560 (26%)	848 (26%)
	50-74K	69 (20%)	435 (20%)	629 (19%)
	75-99K	55 (16%)	345 (16%)	532 (16%)
	100-199K	36 (10%)	227 (10%)	401 (12%)
	200K+	12 (3%)	81 (3%)	106 (3%)

Highest Education Level	No Diploma	20	130	228
	Diploma or GED	171	1090	1709
	Some College	139	860	1232
	Assoc. Degree	75	448	696
	Bachelors Degree	107	703	1028
	Higher Degree	38	250	387

Total Housing Units		403	2,545	3,824
--Owner-Occupied		255	1,639	2,501
--Renter-Occupied		86	504	694
Owner-Occupied Values	< 100K	132	845	1299
	100-199K	83	531	762
	200-299K	24	162	294
	300-399K	8	58	93
	400-499K	0	3	8
	500K+	7	41	46

Total Working Age Population		621	3,903	5,933
In Work Force		355	2,236	3,427
Not In Work Force		265	1,667	2,506
Workforce Employed		334	2,111	3,246
Workforce Unemployed		22	124	181
Civlian Workforce		355	2,236	3,427
Military Workforce		0	0	0

Total Households		340	2,143	3,195
Family Households		204	1,298	2,008
Non-Family Households		137	845	1,187
Married Couple		164	1,055	1,628
Other Family		40	243	380
Married w/Child		40	261	406
Single Male w/Child		4	24	59
Single Female w/Child		19	105	132

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
Michigan	9,938,444	-1	9,883,640	+1	10,023,423	+4	10,424,510
Dickinson County	27,472	-5	26,168	-5	24,974	-2	24,416
Menominee County	25,326	-5	24,029	-6	22,627	-3	21,947
Wisconsin	5,363,675	+6	5,686,986	+6	6,005,080	+6	6,375,910
Marinette County	43,384	-4	41,749	0	41,925	+4	43,400

Total Working Age Population:

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No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Common Questions and Answers

What is the asking price for 154 U.S. 2 in Norway?

The asking price for 154 U.S. 2 is $1,471,266

What is the building size of this Retail property in Norway, MI?

The size of the building/unit at 154 U.S. 2 in Norway is 8,320 square feet

How much land does the Norway, MI property at 154 U.S. 2 include?

154 U.S. 2 in Norway includes 1.000 acres of land

What kind of Retail is the propery at 154 U.S. 2?

The property at 154 U.S. 2 Norway, MI 49870 is listed as a Free Standing Building Retail property

What is the population within 1 mile of 154 U.S. 2 in Norway?

The population within 1 mile of 154 U.S. 2 Norway, MI 49870 is 701 people.

Who do I contact for questions about 154 U.S. 2?

You should contact the listing agent, Josh Bishop, for any details regarding this commercial listing.

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Closest Commercial Airports

Airport	Distance (mi)
Austin Straubel International Airport (GRB)	91
Dane County Regional Truax Field (MSN)	196
General Mitchell International Airport (MKE)	196