G4386 S SAGINAW ST, BURTON, MI 48529 For Sale

Fortis Net Lease is pleased to present this 9,555 square foot Family Dollar store located on a signalized corner in Burton, Michigan. The property operates under an absolute NNN lease structure requiring zero landlord responsibilities, with the tenant directly responsible for taxes, insurance, roof, structure, parking, and all maintenance and repairs. This location has demonstrated exceptional staying power — originally opened in 1994, the tenant has continuously occupied and operated at this site for over 30 years, exercising every renewal option available under the lease. That tenure, combined with a current rent of just $6.38 per square foot, reflects a well-below-market occupancy cost that gives the tenant meaningful financial incentive to continue operating at this location.

The Burton location's 30-year operating history, below-market rent, and dense surrounding residential trade area of nearly 50,000 residents within 3 miles speak to the fundamental strength of this specific store. Notably, this lease includes a percentage rent clause, and the store's demonstrated sales volume generated an additional $17,500 in percentage rent to the landlord in 2025 above and beyond the base rent — bringing total collected rent to $78,500 for the year and evidencing the continued productivity of this location. With approximately 1.8 years remaining on the current option period through December 31, 2027, and one final 5-year renewal option available through 2032, this offering presents investors with a compelling opportunity to acquire a passive NNN asset with a long-tenured operator in a proven trade area.