450 E Walton Blvd - Freestanding FOR SALE
Pontiac, MI 48340 |
$1,683,273 USD
949-662-2252
450 E Walton Blvd
Pontiac, MI 48340
HIGHLIGHTS
- Long Term Absolute NNN Lease – Over 12 years remaining of an absolute NNN lease, providing a passive, long term, reliable
- Top Ranked Store on Placer AI – This site ranks in the top 10% in America and Top 4% in Michigan on Placer AI.
- Larger Format / Strong Demographics – This larger format site is surrounded by ±156,000 people with an average household income of ±$98,000
- General Motors & Nearby Synergy – The property backs up to General Motors’ long standing campus facilities, and is nearby multiple schools
- Corporate Guaranty – Dollar General continues to prove its resiliency, both in booming and economic downturns, including the COVID 19 pandemic.
- Defensive Product – Dollar Stores sales typically increase during downturns in the economy which makes them one of the most sought after investments
FOR SALE DETAILS
PRICE
$1,683,273 USD
PRICE/SF
$155 USD /SF
CAP RATE
6.5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Dollar General
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2022
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.47 AC
LAND SF
64,033 SF
ZONING
BV
APN/PARCEL ID
14-16-101-021
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949-662-2252
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949-662-2252
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