Log In/Sign Up
Your email has been sent.
Dollar General 20260 Gratiot Rd 13,895 SF Retail Building Merrill, MI 48637 $844,532 CAD ($60.78 CAD/SF) 8.29% Cap Rate
INVESTMENT HIGHLIGHTS
- Corporate Guarantee from Dollar General.
- Recently Exercised 5-Year Option, with Increase.
- Investment Grade Tenant – S&P BBB Rating.
EXECUTIVE SUMMARY
13,895 SF NNN Lease Single Tenant
Corporate Guarantee from Dollar General
Investment Grade Tenant – S&P BBB Rating
Recently Exercised 5-Year Option, with Increase
Low Rent per Square Foot - $3.61/SF
Long Term Occupancy – 20+ Years
Two 5-Year Options Remaining
Only Dollar Store in Town
Corporate Guarantee from Dollar General
Investment Grade Tenant – S&P BBB Rating
Recently Exercised 5-Year Option, with Increase
Low Rent per Square Foot - $3.61/SF
Long Term Occupancy – 20+ Years
Two 5-Year Options Remaining
Only Dollar Store in Town
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Building Size
13,895 SF
Building Class
C
Year Built/Renovated
1976/2004
Price
$844,532 CAD
Price Per SF
$60.78 CAD
Cap Rate
8.29%
NOI
$70,019 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
2.20 AC
Frontage
300’ on Gratiot Rd
PROPERTY TAXES
| Parcel Number | 17121264009001 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $329,399 CAD |
PROPERTY TAXES
Parcel Number
17121264009001
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$329,399 CAD
1 of 2
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Dollar General | 20260 Gratiot Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.