Listed by Exclusive Realty
$908,734
Dollar General, Yale, Michigan
Details
Property Type Retail
Sub Type Convenience Store
Square Footage 9,014
Cap Rate 7.35%
NOI $66,792
Occupancy 100%
Tenancy Single
Brand/Tenant Dollar General
Lease Type NN
Lease Term 16.5
Lease Expiration 11/30/2029
Remaining Term 3.5
Rent Bumps Yes
Lease Options 4 (5) Year Options
Price per SqFt $101
Buildings 1
Stories 1
Acreage 1.080
Zoning Commercial
Parking Spaces 49 spaces
Parking Per SqFt 5.44
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 06/12/2013
Retail | 7.35% CAP | 9,014 SqFt
Marketing description
Exclusive Realty is pleased to present this 9,014 SF Dollar General store located in Yale, Michigan. The property has a NN Lease with minimal Landlord responsibility.
Investment highlights
In the top 95% Statewide for Store Visits and the top 92% Nationwide for Store Visits per Placer.ai
Average Annual Household Income exceeds $72,000 within a 5 Mile Radius
Over 10,000 Vehicles Per Day
Listing Contacts
Listed by Exclusive Realty
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$66,792.00
$5,566.00/mo
Valuation Metrics
0
DSCR
7.35%
Cap Rate
7.35%
ROI
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