Family Dollar | 307-321 E Main St
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Family Dollar 307-321 E Main St
8,320 SF Retail Building Carson City, MI 48811 £886,367 (£107/SF) 10% Net Initial Yield
Investment Highlights
- Original 15-Year - Absolute Triple Net (NNN) Lease
- Ten Percent (10%) Rental Increase in July 2026
- Approximately 7.8 Years Remaining
Executive Summary
NNN Pro Group is pleased to present the exclusive listing for Family Dollar located at 321 East Main St, Carson City, Michigan. The site consists of roughly 8,320 rentable square feet of building space on estimated 0.48-acre parcel of land. This Family Dollar is subject to a 15-year absolute triple-net (NNN) lease, which commenced October 11, 2016. The current annual rent is $113,281 and is scheduled to increase by 10% in June 2026 and in each of the 6, 5-year renewal options.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,320 SF
Building Class
B
Year Built
2016
Price
£886,367
Price Per SF
£107
Net Initial Yield
10%
NOI
£88,637
Tenancy
Single
Number of Floors
1
Building FAR
0.24
Lot Size
0.80 AC
Zoning
Commercial
Parking
30 Spaces (3.61 Spaces per 1,000 SF Leased)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | £0 | |
| Land Assessment | £0 | Total Assessment | £293,888 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£293,888
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Family Dollar | 307-321 E Main St
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