Listed by Mid-America Real Estate - Michigan, Inc., Mid-America
Unpriced
Dollar Tree & Vacant Land
Details
Property Type Retail, Land
Sub Type Commercial
Square Footage 11,080
Cap Rate 7.40%
NOI $144,040
Tenancy Single
Brand/Tenant Dollar Tree, Standard & Poor’s (S&P): BBB (Stable outlook)
Lease Type NNN
Lease Expiration 04/29/2035
Remaining Term 9
Lease Options Four (4) Five(5)-Year Options
Price per SqFt $173
Price Per Acre $85,000
Year Built 1997
Year Renovated 2025
Acreage 1.53 - 6.77
Zoning NC, Neighborhood Commercial
Parking Spaces 57 spaces
Parking per 1,000 SqFt 5.14
Investment Type Net Lease
Tenant Credit Credit Rated
Retail | 7.40% CAP | 11,080 SqFt
Marketing description
Mid-America Real Estate – Michigan, Inc. is pleased to present the opportunity to acquire a 11,080 SF single tenant net lease Dollar Tree and 6.77 acres of vacant land located on the southwest corner of E. Hill Road and Belsay Road in Grand Blanc Township, Michigan. Dollar Tree opened in April 2025.
The property is the only commercial zoned parcel at the intersection and new ownership can take advantage and develop the vacant land into a destination for business’ to support the area residents.
Mid-America Real Estate Michigan is pleased to present the opportunity to acquire a 11,080 SF single tenant net lease Dollar Tree and 6.77 acres of vacant land located on the southwest corner of E. Hill Road and Belsay Road in Grand Blanc Township, Michigan. Dollar Tree opened in April 2025. Per Placer.ai, Dollar Tree’s visits are in the top 30% of Michigan, year to date.
The property is the only commercial zoned parcel at the intersection and new ownership can take advantage and develop the vacant land into a destination for business’ to support the area residents.
Conveniently located near I-475, offering easy access to Flint (~9 miles north) and Detroit (~50 miles south). Nearby transport options include MTA’s “Your Ride” service, senior transportation and Flint Bishop International Airport.
Grand Blanc Charter Township has experienced population growth over the past 10 years. Within 3 miles of the subject site the population grew .25% between 2010 and 2020. Grand Blanc Twp is the largest suburb of Flint. Grand Blanc is a bedroom community for the Flint area and for the employment hubs in Oakland County.
The subject site is located just northeast of Grand Blanc’s main retail corridor, Saginaw Road. National retailers in close proximity include Walmart Supercenter, Sam’s Club, Kohl’s, ALDi, Kroger, Planet Fitness and Petsmart among others. Saginaw Road is also home to a variety of quick-service restaurants such as Chipotle, McAlister’s Deli, Starbucks, Panera Bread, Tim Horton’s, Wendy’s, McDonald’s and many more.
Investment highlights
- Roof replaced February 2025 with a 20-year warranty.
- HVAC units replaced in 2013.
- Parking lot was sealed and striped in 2025.
- Catch basins were replaced in 2023.
- 6.76 Acres.
- 589’ frontage on E. Hill Road.
- Cross-access and utilities are stubbed to the vacant land.
- Entrances off both E Hill Road and Belsay Road.
- Shared detention pond in place.
- Only commercially zoned parcels at the intersection.
- Zoned NC, Neighborhood Commercial.
- Brand new 10-year lease with Dollar Tree.
- Over 10,000 vehicles per day on E Hill Road and over 8,000 vehicles per day on Belsay Road.
- Shared detention pond for both parcels.
- Large monument sign for Dollar Tree on the corner of E. Hill and Belsay Roads.
Listing Contacts
Listed by Mid-America Real Estate - Michigan, Inc., Mid-America
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$144,039.96
$12,003.33/mo
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