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7338-7344 E Duck Lake Rd - Self Storage Buildings 2/3/4 13,500 SF Specialty Building Offered at $1,806,784 CAD at a 8.20% Cap Rate in Lake Leelanau, MI 49653
INVESTMENT HIGHLIGHTS
- Approved for 30 Additional Self-Storage Units
- Central Leeanau Location
- New Construction
- M-204 Frontage.
EXECUTIVE SUMMARY
90 unit self-storage property with three buildings built from 2020-2025. Available at a 8.2% cap rate with room to further increase rent. Seller has approval to build an additional 30 unit building. Central Leelanau County location on the east side of the Village of Lake Leelanau with signage on M-204. Moveable middle partition walls allow flexibility on unit sizes.
PROPERTY FACTS
| Price | $1,806,784 CAD | Building Class | C |
| Price Per SF | $133.84 CAD | Lot Size | 3.40 AC |
| Sale Type | Investment | Building Size | 13,500 SF |
| Cap Rate | 8.20% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 2025 |
| Property Subtype | Self-Storage | ||
| Zoning | C-2 - Commercial | ||
| Price | $1,806,784 CAD |
| Price Per SF | $133.84 CAD |
| Sale Type | Investment |
| Cap Rate | 8.20% |
| Property Type | Specialty |
| Property Subtype | Self-Storage |
| Building Class | C |
| Lot Size | 3.40 AC |
| Building Size | 13,500 SF |
| No. Stories | 1 |
| Year Built | 2025 |
| Zoning | C-2 - Commercial |
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PROPERTY TAXES
| Parcel Number | 009-024-018-32 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $461,385 CAD |
PROPERTY TAXES
Parcel Number
009-024-018-32
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$461,385 CAD
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7338-7344 E Duck Lake Rd - Self Storage Buildings 2/3/4
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