3236 E Holland Rd - Freestanding FOR SALE


Saginaw, MI 48601
$1,471,750 USD
410-803-0714
3236 E Holland Rd, Saginaw, MI for Sale
$1,471,750 USD
Freestanding - FOR SALE
1/2
null | 6% Cap Rate

3236 E Holland Rd
Saginaw, MI 48601


HIGHLIGHTS

  • Absolute NNN - No LL Responsibilities
  • 9.5 Years remaining on initial term of lease
  • 5 year renewal options w 10% Increases
  • Prime Location among multiple national retailers
  • 11,500 CPD passing the site
  • Building built in 2020 as part of DG Expansion Plan

OVERVIEW

Dollar General store with Absolute NNN lease.  9.5 years remaining with (5) 5yr renewal options with 10% increases each in the future.  This site was built brand new in 2020 as part of DG’s strategic expansion.  Prime location amongst multiple national retailers with several national fast food chains adjacent to the site drawing customers to the site every day.  This site has ideal traffic counts and demographics for a successful long-term Dollar General site.

FOR SALE DETAILS

PRICE

$1,471,750 USD

PRICE/SF

$163 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2020

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

3.18 AC

LAND SF

138,521 SF

ZONING

Commercial

APN/PARCEL ID

10125294006001

ASK ABOUT THIS PROPERTY

David FeazellGarceau RealtyMore Info
410-803-0714

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David FeazellGarceau RealtyMore Info
410-803-0714

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