5698 Territorial Rd - Freestanding FOR SALE


Benton Harbor, MI 49022
$1,272,727 USD
214-692-2289
5698 Territorial Rd, Benton Harbor, MI for Sale
$1,272,727 USD
Freestanding - FOR SALE
1/2
null | 7.15% Cap Rate

5698 Territorial Rd
Benton Harbor, MI 49022


HIGHLIGHTS

  • Brand new 2022 build-to-suit construction for Dollar General
  • Dollar General PLUS concept (larger 10,681 SF building)
  • DG PLUS concepts confirm that the tenant is projecting above average sales volume for this location
  • ±12.25 years remaining on an initial 15-Year lease
  • Absolute NNN lease w/ zero management responsibilities
  • Five, 5-Year renewal options, all of which include an attractive 10% rental increase

OVERVIEW

Broker of Record Matthew M. Fitzgerald License No. 6505432273 (MI) (866) 889-0550 Matthews Real Estate Investment Services, Inc 1600 West End, Ste. 1500 Nashville, TN 37203

FOR SALE DETAILS

PRICE

$1,272,727 USD

PRICE/SF

$119 USD /SF

CAP RATE

7.15%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2022

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

C

APN/PARCEL ID

01-0018-0010-10-0

ASK ABOUT THIS PROPERTY

Josh BishopMatthews Real Estate Investment ServicesMore Info
214-692-2289

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Josh BishopMatthews Real Estate Investment ServicesMore Info
214-692-2289

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