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Dollar Tree/ Family Dollar 13095 M-40

10,560 SF 4-Star Retail Building Marcellus, MI 49067 £1,635,285 (£155/SF) 7% Net Initial Yield

Executive Summary

Dollar Tree/ Family Dollar combo store, property has a 10 year lease with two five year renewal options. Lease start date March 1 , 2024

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
10,560 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2023
Price
£1,635,285
Price Per SF
£155
Net Initial Yield
7%
NOI
£114,470
Tenancy
Single
Number of Floors
1
Building FAR
0.22
Lot Size
1.10 AC
Zoning
Commercial - Commercial Zoned District
Parking
39 Spaces (3.69 Spaces per 1,000 SF Leased)
Frontage
225 ft on Marcellus Highway

Amenities

  • Signage
  • Tenant Controlled HVAC
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
14-050-021-007-00
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£22,974
  • Listing ID: 30944413

  • Date on Market: 13/02/2024

  • Last Updated:

  • Address: 13095 M-40, Marcellus, MI 49067

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