106 E Lapeer St | Peck, MI 48466
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- LoopNet Team
106 E Lapeer St
Peck, MI 48466
Abs. NNN Dollar General | Peck, MI · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Dollar General Corporate Guaranty; S&P Investment Grade Credit “BBB”; Absolute Triple Net Lease; Zero Landlord Responsibilities
- 5 Option Periods with 10% Rent Increases in Each Option
- Positioned Directly Infront of Peck Community Elementary School; 320+ Students in the District; 83.58% Home Ownership within 5 Miles
- 2018 Construction; Original 15 Year Lease; 7.5 Years Remaining on Primary Term
- FedEx Onsite Inside the Dollar General; Only Major Private Courier Service in the Immediate Area
- Limited Competition; Only Dollar Store within a 10 Mile Radius
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,100 SF
Building Class
B
Year Built
2018
Tenancy
Single
Building Height
1 Story
Building FAR
0.29
Lot Size
0.71 AC
Zoning
C - Commercial
Parking
33 Spaces (3.63 Spaces per 1,000 SF Leased)
Frontage
151’ on E. Lapeer Rd
AMENITIES
- Pylon Sign
- Signage
PROPERTY TAXES
| Parcel Number | 071-034-200-147-00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $366,000 |
PROPERTY TAXES
Parcel Number
071-034-200-147-00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$366,000
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