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719 Ashmun St
Sault Sainte Marie, MI 49783
Domino's · Retail Property For Sale

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INVESTMENT HIGHLIGHTS

  • Absolute Net Lease | Completely Passive Asset With Zero Landlord Responsibility
  • Lease Supports (4) 5-Year Option Periods
  • Drive-Thru Location Completely Retrofit For Domino's in 2020
  • 2% Annual Rental Increases Provide Automatic NOI Growth & Inflation Hedge
  • Low Rent to Sales Ratio at 5.50%
  • Relocation From A Successful Store in the Existing Market

EXECUTIVE SUMMARY

Absolute Net Lease | Completely Passive Asset With Zero Landlord Responsibility

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,694 SF
Building Class
A
Year Built
1990
Price
$1,675,104 CAD
Price Per SF
$453.47 CAD
Cap Rate
6.09%
NOI
$101,950 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
1.09 AC
Zoning
B3
Frontage
245’ on Ashmun Street

AMENITIES

  • Restaurant
  • Drive Thru
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
051-624-004-00
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$366,848 CAD
  • Listing ID: 38168736

  • Date on Market: 2025-10-22

  • Last Updated:

  • Address: 719 Ashmun St, Sault Sainte Marie, MI 49783

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