18043 State St - Freestanding FOR SALE


Vandalia, MI 49095
$1,300,000 USD
269-373-8108
18043 State St, Vandalia, MI for Sale
$1,300,000 USD
Freestanding - FOR SALE
1/13
null | Request Cap Rate

18043 State St
Vandalia, MI 49095


HIGHLIGHTS

  • Investment grade national retailer
  • Modern 2019 construction
  • Stable monthly income - long term lease security

OVERVIEW

An outstanding investment opportunity featuring a single-tenant Dollar General in Vandalia, Michigan. Built in 2019, the 9,100 SF property is leased under an Absolute NNN lease with approximately nine years remaining and four 5-year renewal options featuring 10% rent increases. Backed by a nationally recognized retailer, this property offers passive ownership and predictable cash flow for investors and 1031 exchange buyers. Please do not contact the tenant or employees. All property tours and inquiries must be coordinated through the listing broker.

FOR SALE DETAILS

PRICE

$1,300,000 USD

PRICE/SF

$143 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General - Investment Opportunity

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2019

SPRINKLERS

-

PARKING SPACES

34

LAND DETAILS

LAND ACRES

1.88 AC

LAND SF

81,893 SF

ZONING

C

APN/PARCEL ID

14-101-100-015-01,1410110001501

ASK ABOUT THIS PROPERTY

Eric BollesCallander CommercialMore Info
269-373-8108

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Eric BollesCallander CommercialMore Info
269-373-8108

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