315 N Main St - Freestanding FOR SALE
Olivet, MI 49076 |
$1,806,000 USD
248-497-3171
315 N Main St
Olivet, MI 49076
HIGHLIGHTS
- New Construction: Brand-new 2024 build minimizes near term maintenance and capital expenditure risk.
- New 10-Year Corporate Lease: Lease commenced October 2024, providing investors with a fresh full-term lease and long-term income stability
- Minimal Landlord Responsibilities
- New Construction = Reduced Capital Expenditures
- Essential Retail Concept
OVERVIEW
AQRE Advisors is pleased to present for sale the Family Dollar/ Dollar Tree Combo Store, a ±10,500 SF retail property located at 315 N Main St, Olivet, MI 49076 (“Property”). Situated on 1.76 acres of land, the Property is fully leased to Family Dollar/Dollar Tree, offering investors a stable, income-generating asset backed by a nationally recognized tenant.
FOR SALE DETAILS
PRICE
$1,806,000 USD
PRICE/SF
$172 USD /SF
CAP RATE
7.5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2024
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.76 AC
LAND SF
76,583 SF
ZONING
CM
APN/PARCEL ID
600-040-600-490-01
ASK ABOUT THIS PROPERTY
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248-497-3171
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248-497-3171
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