Domino's
206 Cypress St, Manistee, MI 49660
Key features
- 12 Years Remaining on Initial 15 Year Lease Term - Provides longterm lease stability.
- 2% Annual Rental Increases - Built in rent-growth creates compounding income increases over time to hedge against inflation and create property value.
- Coveted Northern Michigan Summer Destination - The area benefits from seasonal tourism that boosts customer traffic and sales.
- Drive-Thru Equipped Building - The drive-thru adds convenience for customers and supports strong sales volume.
- New Roof, HVAC, and Drive Thru Located on Manistee's Main Retail Thoroughfare - This prime location offers excellent access and strong retail positioning nearby all of the national and regional tenants.
- Rent to Sales Ratio Below 5% - A low rent to sales ratio suggests the location is financially strong for the tenant.
- Retrofit to Tenant's Specs in 2023 - Recent upgrades tailored to the tenant reduce near-term capital needs.
Building Details
- For Sale $513,900
- Property Type Retail - Street Retail
- Property Size 1,332 SF
- Lot Size 0.35 Acre
- Additional Rent Price on request
- Property Tenancy Single Tenant
- Year Built 1998
- Year Renovated 2023
- Date Updated Oct 7, 2026
Reach out to the broker for more info on lease terms and amenities
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Contacts
Encore Real Estate Investment Services
Location
- City Manistee, MI
- Zip Code 49660
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Walk score 83/100 Very Walkable -
Bike score 72/100 Very Bikeable
Points of Interest
Shell
0.06 miles
Wesco
0.19 miles
Family Fare Quick Stop
0.76 miles
Meijer
2.06 miles
BP
2.25 miles
Marathon
2.52 miles
Port City Organics
0.09 miles
Family Fare
0.79 miles
Gordmans
1.17 miles
Meijer
1.95 miles
Orchard Market
9.60 miles
Listing Summary
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Property Financials 206 Cypress St is currently listed for sale at $513,900 for a price per square foot of $385.81.
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Property Details 206 Cypress St totals 1,332 square feet of Retail space on a lot spanning 0.35 acres. The property was initially built in 1998, being last renovated in 2023.
Tenancy at 206 Cypress St is listed as Single Tenant.
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Area Characteristics In terms of ease of commuting, the area has a walk score of 83, indicating that it is very walkable.
Encore Real Estate Investment Services
