1289 S Poseyville Rd - Retail FOR SALE
Midland, MI 48640 |
$1,220,136 USD
214-347-7988
1289 S Poseyville Rd
Midland, MI 48640
HIGHLIGHTS
- 2018 build-to-suit construction for Dollar General
- Absolute NNN Lease – Zero landlord responsibilities
- Long Term Lease – 7.5 Years remaining on an initial 15 year lease with five, 5-year options
- Corporately guaranteed lease from Dollar General Corporation
- Bay City, MI MSA – 5 Mile Population In Excess of 36,055 residents
- Extremely strong average household income of $84,529 annually
FOR SALE DETAILS
PRICE
$1,220,136 USD
PRICE/SF
$135 USD /SF
CAP RATE
7.35%
% LEASED
-
TENANCY
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Dollar General
PROPERTY TYPE
Retail
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2018
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
120-033-300-720-00
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214-347-7988
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214-347-7988
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