980 University Dr - Freestanding FOR SALE
Pontiac, MI 48342 |
980 University Dr
Pontiac, MI 48342
HIGHLIGHTS
- Double Net Lease | Minimal Landlord Responsibilities | Corporate Guarantee | S&P Credit Rating "BBB"
- Retrofit For Dollar General In 2010 With Upgraded Brick Construction | New Roof In 2023 With 15-Year Warranty
- Priced Below Replacement Costs | Attractive Low Rent ($6.94/SF)
- 10% Rent Increases at the Beginning of Each Option Period
- Excellent Visibility Off University Dr With 22,000 VPD
- Dense Infill Location with 157,850 People within 5 Miles of Subject Property
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
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BUILDING DETAILS
PROPERTY NAME
Dollar General
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
13575
STORIES
1
YEAR BUILT
1968
SPRINKLERS
-
PARKING SPACES
82
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
14-22-332-001,14-22-332-044
