Dollar General | 2400 W Cadillac Dr
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Dollar General 2400 W Cadillac Dr
9,014 SF Retail Building Farwell, MI 48622 £527,387 (£59/SF) 9.25% Net Initial Yield
Investment Highlights
- Leased to Dollar General - Build to Suit for the Tenant in 2005
- Dollar General has Occupied the Property Since 2005 and Just Extended for a Fresh 5 Year Term - Exhibits a Strong Commitment to the Location
- Minimal Landlord Responsibilities - Three Five Year Options to Renew the Lease with Increases
- 9,014 Free Standing Building Situated on 2.04 Acres of Land
- Strong Location in Farwell - a Captive Market with Excellent Demographics for Dollar General's Business Model
Executive Summary
9,014 Free Standing Building Situated on 2.04 Acres of Land
Leased to Dollar General - Build to Suit for the Tenant in 2005
Dollar General has Occupied the Property Since 2005 and Just Extended for a Fresh 5 Year Term - Exhibits a Strong Commitment to the Location
Strong Location in Farwell - a Captive Market with Excellent Demographics for Dollar General's Business Model
Minimal Landlord Responsibilities - Three Five Year Options to Renew the Lease with Increases
Leased to Dollar General - Build to Suit for the Tenant in 2005
Dollar General has Occupied the Property Since 2005 and Just Extended for a Fresh 5 Year Term - Exhibits a Strong Commitment to the Location
Strong Location in Farwell - a Captive Market with Excellent Demographics for Dollar General's Business Model
Minimal Landlord Responsibilities - Three Five Year Options to Renew the Lease with Increases
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,014 SF
Year Built
2005
Price
£527,387
Price Per SF
£59
Net Initial Yield
9.25%
NOI
£48,779
Tenancy
Single
Number of Floors
1
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Dollar General | 2400 W Cadillac Dr
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