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2201 N US Highway 31
Petoskey, MI 49770
 Tractor Supply Co. · Retail Property For Sale

Retail Buildings Michigan Petoskey 2201 N US Highway 31, Petoskey, MI 49770

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Investment Highlights

  • Investment-grade Tractor Supply Co. generating ~$15.52B in revenue (2025)
  • NN+ lease with 5% rent increases every 5 years in base term
  • Affluent resort market with seasonal population influx and high household incomes
  • Recent 10-year early lease extension; operating at this site since 2011
  • Dominant US-31 retail corridor serving Northern Michigan's primary trade area
  • High barriers to entry with limited large commercial site availability in Petoskey

Executive Summary

Matt Fitzgerald
License # 6502432668, 6505432273 (MI)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203
(866) 889-0550

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
19,532 SF
Year Built
2011
Price
$7,014,207 CAD
Price Per SF
$359.11 CAD
Cap Rate
6.30%
NOI
$441,895 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
4.61 AC
Zoning
EC B-2

Links

Property Taxes

Parcel Number 01-16-26-200-052 Improvements Assessment $0 CAD
Land Assessment $1,606,794 CAD Total Assessment $1,606,794 CAD

Property Taxes

Parcel Number
01-16-26-200-052
Land Assessment
$1,606,794 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,606,794 CAD
 

  • Listing ID: 41300121

  • Date on Market: 2026-07-15

  • Last Updated:

  • Address: 2201 N US Highway 31, Petoskey, MI 49770

The Retail Property at 2201 N US Highway 31, Petoskey, MI 49770 is currently available for Sale. Contact Matthews Real Estate Investment Services for more information.

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