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Family Dollar 12075 M-32 8,000 SF Retail Building Atlanta, MI 49709 $720,746 CAD ($90.09 CAD/SF) 9% Cap Rate



INVESTMENT HIGHLIGHTS
- Priced Well-Below Replacement Cost at $58 PSF.
- Located Right outside of the Downtown Market.
- Low Rent Per Square Foot of $6.20 | Low Cost of Occupancy.
- Strong Road Frontage on US 32.
EXECUTIVE SUMMARY
Family Dollar has Occupied this Space Since 1999 & Recently Exercised Their Option to Renew the Lease - Showing Long Term Commitment to the Location.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,000 SF
Building Class
C
Year Built
1999
Price
$720,746 CAD
Price Per SF
$90.09 CAD
Cap Rate
9%
NOI
$64,869 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
0.99 AC
Opportunity Zone
Yes
Zoning
Commercial - Commercial Zoned District
AMENITIES
- Signage
- Tenant Controlled HVAC
- Monument Signage
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 003-012-000-645-06 | Improvements Assessment | $385,814 CAD |
| Land Assessment | $42,273 CAD | Total Assessment | $428,088 CAD |
PROPERTY TAXES
Parcel Number
003-012-000-645-06
Land Assessment
$42,273 CAD
Improvements Assessment
$385,814 CAD
Total Assessment
$428,088 CAD
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Family Dollar | 12075 M-32
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