5935 E Old M 63 - Freestanding FOR SALE
Luther, MI 49656 |
5935 E Old M 63
Luther, MI 49656
HIGHLIGHTS
- Investment grade tenant (S&P: BBB) and corporate guarantee from Dollar General Corp. (NYSE: DG), a Fortune 500 company
- Absolute NNN lease requiring no landlord responsibilities
- Attractive return providing an above average market yield
- No competition in over 14 miles
- E-commerce and recession proof company
- ±12.5 years of lease term remaining and an additional five, 5 year options with 10% increases in each option
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Dollar General
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
9100
STORIES
1
YEAR BUILT
2021
SPRINKLERS
-
PARKING SPACES
23
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
43-207-002-00
