This Retail Property is no longer advertised on LoopNet.com.

5935 E Old M 63
Luther, MI 49656
Dollar General · Retail Property For Sale

Investment Highlights

  • Investment grade tenant (S&P: BBB) and corporate guarantee from Dollar General Corp. (NYSE: DG), a Fortune 500 company
  • Attractive return providing an above average market yield
  • E-commerce and recession proof company
  • Absolute NNN lease requiring no landlord responsibilities
  • No competition in over 14 miles
  • ±12.5 years of lease term remaining and an additional five, 5 year options with 10% increases in each option

Property Facts

Property Type
Retail
Property Subtype
Freestanding
Building Size
9,100 SF
Building Class
C
Year Built
2021
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
1.26 AC
Zoning
CM
Parking
23 Spaces (2.53 Spaces per 1,000 SF Leased)
Frontage
140’ on East Old M 63

Property Taxes

Property Taxes

Parcel Number
43-207-002-00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$232,000
  • Listing ID: 30683305

  • Date on Market: 1/17/2024

  • Last Updated:

  • Address: 5935 E Old M 63, Luther, MI 49656

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