Property History
The SVN Colvin Dollar General Team is pleased to present this NNN Dollar General Investment Property located in a fun family activity area. Burt Michigan, located just south of Saginaw, is only minutes away from some of the most popular attractions Michigan has to offer. Famous Frankenmuth, the Birch Run Premium Outlets and the Birch Run Speedway are just a few of the nearby attractions.
Built and opened in 2017, the remaining base lease term runs through 9/30/2032. There are five renewal options of 5 years, each with a 10% rent increase. This is an absolute triple net lease. Dollar General is responsible for all maintenance, repairs and replacements.
This busy store has over 55,000 people living within a 10- mile radius. The clean Phase 1 Environmental Report and ALTA Survey should help make this a simple 1031 or Portfolio acquisition. We have more of these attractive NNN investments if you require a larger purchase
- Premier Dollar Store Demographics & Positioning
- Brand New Build-to-Suit Construction
- Absolute NNN Lease
- Brand New 15-Year Lease w/Desirable Rental Increases in Options
- Corporate Guaranty from $5B+ Retail Giant w/27 Straight Years of Same Store Sales Growth
Loan History
Financial History
Tax History
Contact Information
Ownership Information
Property Details
Contacts
Map
Comparable Properties
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