15 S Elba Rd
Lapeer, MI 48446
Dollar General · Retail Property For Sale
Property Facts
About 15 S ELBA RD , LAPEER, MI 48446
Touchstone Commercial Partners is pleased to offer for sale a 2018 newly constructed net leased Dollar General Store located in Lapeer, Michigan. This property has an absolute NNN 15-year lease with zero landlord responsibilities. The tenant has five 5-year renewal options with 10% rent increases for each option. The lease is guaranteed by Dollar General Corporation which operates over 14,000 stores and has a S&P investment-grade rating of BBB. The 3-mile average household income is over $71,600 making this location highly desirable for Dollar General. Location Located in southeast of Michigan, Lapeer is a city with a rich history proven by its countless landmarks and parks. Today Lapeer offers the amenities of a big city and the charm of a small town and affordability. Some of the largest industries in Lapeer include manufacturing, transportation, healthcare, food processing and retail. Situated by the I-69, Lapeer also benefits from this international trade corridor which is a strategic gateway between midwestern US and Canada and offers unbeatable transportation infrastructure with a wide range of distribution options. Broker of Record: Joe Rizqallah MI Lic #6505341987
Property Taxes
| Parcel Number | 008-008-031-02 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $169,300 |
Property Taxes
