1960 N SAINT HELEN RD Saint Helen MI 48656-8517

Construction is set to be completed by December 1st, 2021 and rent will commence January 6th, 2022.​ This 10,500 square foot building is situated on a 1.75-acre lot, with entrances off both North Saint Helen Road and Airport Road.​

Family Dollar | Dollar Tree (S&P BBB STABLE) executed a new ten-year Double Net Lease with four, five-year options to renew.​ Family Dollar | Dollar Tree is subject to a corporately guaranteed Double Net lease with limited landlord responsibilities.​ Dollar Tree acquired Family Dollar, Inc in July 2015.​ Together they are considered the nation’s largest small box discount retailer, operating over 14,000 stores nationwide.​ Family Dollar operates under a landlord friendly net lease structure.​ As a result, freestanding Family Dollar retail stores provide an attractive combination of a long-term lease and a growing market concept that continues to capture value conscious shoppers, which boosts store productivity.​ The average size of a Family Dollar store is between 6,000 and 8,000 square feet, and most stores are operated in leased facilities.​ This relatively small footprint allows the company to open new stores in rural areas and small towns, as well as in large urban neighborhoods.​ A general floor plan used in each of the stores allows customers to easily shop for their favorite products in any Family Dollar store.​ With the stores uniformly laid out and stocked, store managers are able to focus on providing good customer service.​ This concept for a self-serve, cash and carry neighborhood discount store in low to middle income neighborhoods.​

The subject property is well-positioned on North Saint Helen Road in the middle of downtown.​ This Family Dollar | Dollar Tree benefits from its ability to serve local residents as it is one of only two dollar stores within a fourteen-mile radius.​ The property also benefits from being within a half mile Charlton Heston Academy.​ It has a total enrollment of over 484 students.​

Saint Helen is an unincorporated community in Roscommon County.​ Saint Helen, which was named after the lake is located 20 miles Northwest of Houghton Lake, Michigan’s largest inland lake.​ Saint Helen is situated in the Northern half of Michigan.​ 78 miles Southeast of Traverse City and 170 miles Northwest of Detroit.​ The building is situated 3 miles from Inetrstate-75, which sees in excess of 14,173 vehicles per day.​

This Family Dollar | Dollar Tree provides an investor with a stabilized investment grade asset with limited landlord responsibilities.​

• New Family Dollar | Dollar Tree Combination Store Concept

• Lease Guarantee From Family Dollar Stores, INC.

• 10 - Year Initial Double Net Lease Term | 4, 5-Year Options

• Brand New High Quality 2021 Construction | Rent Commences: January 6th, 2022