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28211514
28211513

7381 N Genesee Rd, Genesee, MI 48437

MP
MI 6501386692
Signature Associates
Signature Associates Warren
Listed by Signature Associates, Signature Associates Warren
$1,325,000
210 days on market
Updated 61 days ago

Family Dollar

Details
APN 11-10-200-035
Property Type Retail
Sub Type General Retail-Commercial
Square Footage 9,173
Cap Rate 7.63%
Occupancy 100%
Lease Type Absolute NNN
Lease Expiration 06/29/2029
Price per SqFt $144
Year Built 2014
Stories 1
Acreage 2.170
Zoning C-2, Highway Commercial
Parking Spaces 32 spaces
Parking Per SqFt 3.49

Retail | 7.63% CAP | 9,173 SqFt

Marketing description

Investment Opportunity! This Family Dollar consists of 9,173 square feet of building space situated on 2.17 acres of land. The property is subject to an Absolute (NNN) lease that expires on June 30th, 2029. The lease provides a base rent of $101,200 annually. National Retailers in the area include: Chase, Subway, McDonald’s, VG's Grocery, and Marathon Service Station. High Traffic Counts with Over 9,500 Vehicles Per Day on North Genesee Road.

Listing Contacts

MP
MI 6501386692
Signature Associates
Signature Associates Warren
Listed by Signature Associates, Signature Associates Warren

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