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Dollar Tree/ Family Dollar 13095 M-40 10,560 SF 4-Star Retail Building Marcellus, MI 49067 $1,715,000 ($162.41/SF) 7.50% Cap Rate
Investment Highlights
- Strong Investment Opportunity
- Minimal Landlord Responsibilities
- Essential Retail Concept
- New 10-Year Corporate Lease
- New Construction = Reduced Maintenance Costs
Executive Summary
AQRE Advisors is pleased to offer for sale the Family Dollar/Dollar Tree Combo Store, a ±10,500 SF retail asset located at 13095 M-40, Marcellus, MI 49067 (“Property”). Strategically positioned on 1.1 acres of land, this well-maintained property is 100% occupied by Family Dollar/Dollar Tree, a nationally recognized discount retailer.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,560 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2023
Price
$1,715,000
Price Per SF
$162.41
Cap Rate
7.50%
NOI
$128,625
Tenancy
Single
Building Height
1 Story
Building FAR
0.22
Lot Size
1.10 AC
Zoning
Commercial - Commercial Zoned District
Parking
39 Spaces (3.69 Spaces per 1,000 SF Leased)
Frontage
225’ on Marcellus Highway
Amenities
- Signage
- Tenant Controlled HVAC
- Air Conditioning
Property Taxes
| Parcel Number | 14-050-021-007-00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $28,800 |
Property Taxes
Parcel Number
14-050-021-007-00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$28,800
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Dollar Tree/ Family Dollar | 13095 M-40
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