13095 M-40 - Storefront FOR SALE


Marcellus, MI 49067
$1,715,000 USD
248-497-3171
13095 M-40, Marcellus, MI for Sale
$1,715,000 USD
Storefront - FOR SALE
1/1
null | 7.5% Cap Rate

13095 M-40
Marcellus, MI 49067


HIGHLIGHTS

  • Strong Investment Opportunity
  • New 10-Year Corporate Lease
  • Minimal Landlord Responsibilities
  • New Construction = Reduced Maintenance Costs
  • Essential Retail Concept

OVERVIEW

AQRE Advisors is pleased to offer for sale the Family Dollar/Dollar Tree Combo Store, a ±10,500 SF retail asset located at 13095 M-40, Marcellus, MI 49067 (“Property”). Strategically positioned on 1.1 acres of land, this well-maintained property is 100% occupied by Family Dollar/Dollar Tree, a nationally recognized discount retailer.

FOR SALE DETAILS

PRICE

$1,715,000 USD

PRICE/SF

$162 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar Tree/ Family Dollar

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

39

LAND DETAILS

LAND ACRES

1.1 AC

LAND SF

47,967 SF

ZONING

Commercial

APN/PARCEL ID

14-050-021-007-00

ASK ABOUT THIS PROPERTY

John YousifAQRE AdvisorsMore Info
248-497-3171

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John YousifAQRE AdvisorsMore Info
248-497-3171

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