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E2634 Peterson Rd, Trenary, MI, 49891

DOLLAR GENERAL
$1,383,393

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Highlights

INVESTMENT HIGHLIGHTS

  • Absolute NNN – Zero Landlord Responsibilities
  • Dollar General is accompanied by an Investment Grade “BBB” Credit Rating
  • Zero Competition in the Area – Dollar General is the only corporate tenant in the area
  • Long Lease Term Remaining – ±11.4 years remaining on the current term
  • Recession Resistant Tenant – Dollar General has been historically profitable during times of market uncertainty – boasting a Silver Globe Business Excellence Award for their response to the COVID-19 pandemic
  • Located on Hwy 41 – Sees over ±1,900 VPD
  • Corporate Guarantee
  • Average household income of $57,211 Within a 2-Mile radius

Location

Agents

Broker of Record

Matt Fitzgerald

License # 6502432668 (MI)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203

Key Information

Cap Rate
7.15%
Year Built
2021
Term Remaining
±11.4 YRS
Type
Retail
NOI
$91,995