INVESTMENT HIGHLIGHTS

  • Brand New Construction - Recent Grand Opening - December 2022
  • New Grocery & Produce Format - This store includes Dollar General's latest concept focused on refrigerated grocery items and produce, making it a convenient one-stop shopping destination for local consumers.
  • Long-Term Lease - The tenant recently signed a new 15-year lease with 5 (5-year) options to extend
  • Zero Landlord Responsibilities - Absolute NNN lease in place with zero landlord responsibilities.
  • Corporate Guaranteed By Investment Grade Tenant (S&P: BBB)
  • Strong Dollar Store Demographics - More than 23,700 residents support the 5-mile trade. The trade area features an average household income of $77,675. 
  • Near General Motors' Flint Processing Facility & Assembly Plant - The site benefits from its close proximity to General Motors' Flint Processing Facility (3.1M SF) and Flint Assembly Plant (5.2M SF), which employ nearly 6,000 employees combined. 
PRICE
$1,811,927
CAP RATE
5.50%
LEASE TERM
15 Years
EXCLUSIVELY MARKETED BY

Carla Carmack
Associate Advisor

M: (310) 940-0297
MI License No. 6501432150

Ayson Shammami
Senior Director

M: (248) 702-0727
MI License No. 6​5​0​1​4​1​6​8​7​7
Principal Broker: Deno Bistolarides, Encore Real Estate Investments, LLC | MI License No. 6502402781
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