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DG Market 123 Plum Grove dr 12,977 SF Retail Building Monroe, MI 48161 $2,819,717 ($217.29/SF) 6.35% Cap Rate
INVESTMENT HIGHLIGHTS
- Long-term lease - 14+ years remain
- 5% rental escalations every five years
- Average household income exceeds $98,000 within 3 miles
- 2025 construction
- 91,000+ people live within a 10-mile radius
- Located just off of South Custer Rd (14,000 VPD)
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Building Size
12,977 SF
Year Built
2025
Price
$2,819,717
Price Per SF
$217.29
Cap Rate
6.35%
NOI
$179,052
Tenancy
Single
Building Height
1 Story
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Dollar General
- -
- -
- -
- Feb 2040
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Dollar General | - | - | - | Feb 2040 |
PROPERTY TAXES
| Parcel Number | 13-127-215-20 | Improvements Assessment | $0 |
| Land Assessment | $641,300 | Total Assessment | $641,300 |
PROPERTY TAXES
Parcel Number
13-127-215-20
Land Assessment
$641,300
Improvements Assessment
$0
Total Assessment
$641,300
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DG Market | 123 Plum Grove dr
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