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326 E Main St 10,386 SF Retail Building Edmore, MI 48829 $881,236 ($84.85/SF) 8.25% Cap Rate



Executive Summary
AQRE Advisors is pleased to present for sale the single-tenant net lease Family Dollar property located at 326 E Main St, Edmore, MI 48829 (“Property”). The ±10,386 SF building is situated on 0.61 acres of land and is 100% leased to Family Dollar, providing investors with a reliable, income-producing asset backed by a nationally recognized retailer.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,386 SF
Building Class
C
Year Built
2023
Price
$881,236
Price Per SF
$84.85
Cap Rate
8.25%
NOI
$72,702
Tenancy
Single
Building Height
1 Story
Building FAR
0.39
Lot Size
0.61 AC
Zoning
CM - Commercial Zoned District
Parking
36 Spaces (3.47 Spaces per 1,000 SF Leased)
Frontage
198’ on MAIN ST
Somewhat walkable
30/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 041-080-187-00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $168,900 |
Property Taxes
Parcel Number
041-080-187-00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$168,900
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326 E Main St
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