8196 N Dixie Hwy

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8196 N Dixie Hwy

newport, MI 48166
Asking Rate
Contact for rate
Asset Type
Retail
Class
Class B

What's Special

8196 N Dixie Highway is situated in Newport, Michigan, a community within Berlin Charter Township. The property occupies a prominent position along a primary local commercial corridor, characterized by a mix of standalone retail businesses and residential neighborhoods. Nearby amenities include local dining options and basic service providers. The location offers direct access to N Dixie Highway, providing a straightforward connection to Interstate 75, which facilitates regional travel between Detroit to the north and Monroe or Toledo to the south. The site is suited for retail operations that require high visibility and convenient roadside access. Possible use cases include specialty boutiques, convenience stores, or professional service offices such as insurance or tax agencies. The typical tenant profile includes small-scale retailers or local service providers seeking to establish a presence in a rural-suburban transition zone. The property’s layout supports businesses focused on serving the daily needs of the immediate residential population and passing commuter traffic.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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