Prime Redevelopment Opportunity 1560 US 31 S. Manistee, MI 49660 Former Kmart US 31 S Merkey Rd W Manistee Lake Can we add their logo? - Logo is under Jim’s contact info. Russ Bono, CCIM Investment Sales 616.242.1115 russb@naiwwm.com Cameron Timmer Investment Associate 616.776.0100 cameront@naiwwm.com

Property Overview Building Specifications Structure Size 91,266 SF Plus 1000 SF Gas Station Floors One Year Built/Renovated 1991 Construction Concrete w/ Steel frame HVAC Package Units (22) Parking On-Site Parking Surface Paved Docks/Doors Yes Site Specifications Lot Dimensions Irregular Acreage 12.01 Frontage US 31 Major Arteries Directions US 31 S. South of Merkey Rd. Parcel Number 06-113-425-15 Municipality Filer Township Zoning GC General Commercial NAI IS PLEASED TO PROVIDE THIS OFFERING OF THE FORMER KMART BUILDING IN MANISTEE, MI Manistee, MI This former Kmart property is located in a prime location in the main retail corridor of Manistee, MI. The center has strong access and good visibility on US 31, and has an out-lot that was most recently used as a C-store/Gas Station. This station was built in 2000 with modern double walled construction and should pose no environmental hazard. This out-lot could be re-opened as a fuel station/C-store or redeveloped for a different use. The property is part of a larger retail center which includes a Sears Home Store, McDonalds, O’Reilly’s and Subway. The City Of Manistee offers a wide variety of amenities and is a strong hub for tourist traffic in the West Michigan area. Manistee is also the County Seat of Mason County, MI Something wrong with where red line is. Doesn’t seem like a lot new here. Don’t need to reinvent the wheel but make a couple comments early on about anything new so this looks fresh. This is what we had before.

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Market Data Demographics & Traffic Counts Traffic Counts Collection Street Cross Street Cross St Dist/Dir Traffic Volume Count Year Dist from Subject Type US Highway 31 S Care Center Dr. 0.15 N 15,500 2016 0.30 MSPI… Source: CoStar 2018

About Manistee Market Overview – Manistee, MI Manistee is located along the coast of Lake Michigan, just North of Ludington. It has 25 miles of shoreline, three harbors, inland lakes, and 270 miles of rivers. The Manistee River Channel was built in 1854 and is still used today to transport vessels to and from the harbor of Lake Michigan. The autumn scenic routes along M-22 were voted #1 in the country in 2015. Manistee has multiple schools around the area including Northwestern Michigan College, Muskegon Community College, and Ferris State University.