Family Dollar

Offered at $634,873, yielding a 9.00% cap rate.
There are ±6.75 years remaining on the lease, including three 5-year options to extend with 10% rental increases.
The tenant has extended the lease two times, showing their success and long-term commitment to this location.
Corporate guarantee from Family Dollar Corporation.
±9,100 SF building situated on a ±1.69-acre parcel with over 175 feet of frontage and excellent visibility.
2007 build-to-suit construction for Family Dollar. The property has a concrete parking lot with 32 spaces and has been kept in good condition.
No competition: Only game in town. The nearest competing dollar store is located over 7 miles away, making Family Dollar an essential retailer for the residents in town and neighboring small communities.
NN lease with minimal landlord responsibilities.
Strategic highway location: Located directly on M-99 with easy connections to I-94 and US-12, providing direct access to major Michigan corridors and regional markets.
The property is 18 miles from Jackson, 27 miles from Battle Creek, and 55 miles from Lansing, giving tenants access to both local and regional customers and workforce

Navigation Menu