10881 M-72 - Freestanding FOR SALE


Kalkaska, MI 49646
$1,220,000 USD
734-968-3150
10881 M-72, Kalkaska, MI for Sale
$1,220,000 USD
Freestanding - FOR SALE
1/2
null | 7.13% Cap Rate

10881 M-72
Kalkaska, MI 49646


OVERVIEW

Single Tenant Freestanding Dollar General in Kalkaska, MI Absolute NNN Lease Structure with Zero (0) Landlord Responsibilities Projected +8.14% Population Growth in the Next 5 Years within 1 Mile Radius of Site 46 Minute Drive to Cherry Capital Airport (36.9 Mile Distance) Dollar General (NYSE: DG), Ranked #128 on the Fortune 500, Reported Revenues North of $39 Billion for FY2023, Representing a 7.56% Increase Year-Over-Year Dollar General Holds an Investment Grade Credit Rating of "BBB" With S&P and a Positive/Stable Outlook Essential Retailer - Internet, Pandemic, and Recession Resistant Tenant

FOR SALE DETAILS

PRICE

$1,220,000 USD

PRICE/SF

$134 USD /SF

CAP RATE

7.13%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2020

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

1.89 AC

LAND SF

82,328 SF

ZONING

Commercial

APN/PARCEL ID

001-130-004-01

ASK ABOUT THIS PROPERTY

Elisabeth AddisonLegacy Commercial Real Estate AdvisorsMore Info
734-968-3150

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Elisabeth AddisonLegacy Commercial Real Estate AdvisorsMore Info
734-968-3150

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.