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3217 County Road 491
Lewiston, MI 49756
Dollar General · Retail Property For Sale
PROPERTY FACTS
ABOUT 3217 COUNTY ROAD 491 , LEWISTON, MI 49756
Marcus & Millichap is pleased to exclusively market for sale an upcoming Dollar General store located at 3217 County Road 491 in Lewiston, Michigan. The Dollar General is currently operating under a lease option extending the original 10-year double net lease. The lease includes 7.5 percent rent increases with three, five-year renewal options remaining. The lease is guaranteed by Dollar General Corporation, which is publicly traded on the New York Stock Exchange under the ticker DG and has a current BBB credit rating by Standard & Poors. The location benefits from being the only discount retailer in a 15-mile radius. The Dollar General is within walking distance of a nearby Ace Hardware, Subway, Rite Aid, Redwood Inn, and other local traffic generators. Lewiston is an unincorporated community in Montmorency County, Michigan. Lewiston is located in the northeast area of Lower Michigan, about 25 miles northeast of Grayling and 25 miles southeast of Gaylord.
PROPERTY TAXES
| Parcel Number | 001-023-000-360-01 | Improvements Assessment | $197,200 |
| Land Assessment | $81,500 | Total Assessment | $278,700 |
PROPERTY TAXES
