$1 Auction-REIT Sale | Fmr Family Dollar Tree 10245 W Vienna Rd 10,508 SF Retail Building Montrose, MI 48457 $160,531 CAD ($15.28 CAD/SF)

Marcus & Millichap is pleased to present a vacant, free-standing retail building located at 10245 W Vienna Road in Montrose, Genesee County, Michigan 48457 (the “Property”). Formerly occupied by Family Dollar-Dollar Tree, the Property is being offered significantly below replacement cost, creating an excellent opportunity for owner-users or investors to acquire a highly visible, strategically positioned asset at a compelling basis. FIRST BID MEETS RESERVE!
Built in 2022, the Property consists of a ±10,508-square-foot, single-story free-standing retail building situated on ±60,672 square feet (±1.39 acres) with 41 surface parking spaces. The site is strategically positioned with ±180 feet of frontage along Vienna Road which sees approximately ±12,168 vehicles per day (VPD), ensuring visibility and accessibility. Previously operated as a dual-store format, the Property was leased to Family Dollar-Dollar Tree on a triple-net (NNN) basis. The Property presents a value-add opportunity through lease-up at long-term market rates, with CoStar estimating retail rents of $11–$14/SF NNN. Zoned C-2 (General Commercial District), the Property accommodates a wide range of commercial uses, enhancing its appeal to both a diverse variety of end-users and investors alike.
The Property is located in Montrose, a city in Genesee County, located in the northwest corner of the Flint MSA. The Property is positioned along State Highway M-57 (Vienna Road) which is the region’s primary commercial corridor and provides direct access to I-75 less than 6 miles from the site with over 79,000 vehicles per day. The site is situated in downtown Montrose, offering convenient access to local businesses, schools, and established residential neighborhoods. Surrounding retailers include CVS, McDonald’s, Subway, Carquest, Taco Bell, along with local restaurants, service providers, and civic institutions that generate consistent daily traffic. The Property is further supported by Hill-McCloy High School, Kuehn-Haven Middle School, Carter Elementary, area churches, and nearby agricultural businesses, which collectively provide steady daytime demand and a balanced consumer base. With over 66,526 residents and an average household income of ±$77,840 within a 10-mile radius, the area sustains reliable demand for retail, restaurant, and professional service users.