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Dollar General 1289 S Poseyville Rd 9,026 SF 100% Leased Retail Building Midland, MI 48640 $1,686,838 CAD ($186.89 CAD/SF) 7.35% Cap Rate
INVESTMENT HIGHLIGHTS
- 2018 build-to-suit construction for Dollar General
- Long Term Lease – 7.5 Years remaining on an initial 15 year lease with five, 5-year options
- Bay City, MI MSA – 5 Mile Population In Excess of 36,055 residents
- Absolute NNN Lease – Zero landlord responsibilities
- Corporately guaranteed lease from Dollar General Corporation
- Extremely strong average household income of $84,529 annually
EXECUTIVE SUMMARY
Broker of Record
Matthew M. Fitzgerald
License # 6505432273 (MI)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Matthew M. Fitzgerald
License # 6505432273 (MI)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Building Size
9,026 SF
Year Built
2018
Price
$1,686,838 CAD
Price Per SF
$186.89 CAD
Cap Rate
7.35%
NOI
$123,983 CAD
Percent Leased
100%
Building Height
1 Story
PROPERTY TAXES
| Parcel Number | 120-033-300-720-00 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $599,827 CAD |
PROPERTY TAXES
Parcel Number
120-033-300-720-00
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$599,827 CAD
(214) 347-7988
x4188
CONTACTS
-
Wyatt Wagner -
Scotty Latimer -
Josh Bishop -
Matthews Real Estate Investment Services
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Dollar General | 1289 S Poseyville Rd
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