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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

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
  • Listing ID: 34396732

  • Date on Market: 07/01/2025

  • Last Updated:

  • Address: 2400 W Cadillac Dr, Farwell, MI 48622

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