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Family Dollar 326 E Main St 10,386 SF Retail Building Edmore, MI 48829 $1,141,470 CAD ($109.90 CAD/SF) 8.81% Cap Rate
Investment Highlights
- National Credit Tenant | Family Dollar is a Nationally Recognized Discount Retailer with 8,000+ Locations Across the United States
- Offered Well-Below Replacement Costs at $79.43 PSF
- This Family Dollar Location Averages $1.2 Million Sales Per Year
- Newly Updated 2023 Family Dollar Design | 10 Year NN Lease with 3 Five- Year Options Available
- Positioned on Edmore's Primary Thoroughfare East Main Street/M-46
- Limited Competition | Family Dollar Benefits from Limited Direct Competition and a Strong Position as a Convenient Source for Value- Oriented Goods
Executive Summary
National Credit Tenant | Family Dollar is a Nationally Recognized Discount Retailer with 8,000+ Locations Across the United States
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,386 SF
Building Class
C
Year Built
2023
Price
$1,141,470 CAD
Price Per SF
$109.90 CAD
Cap Rate
8.81%
NOI
$100,590 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.39
Lot Size
0.61 AC
Zoning
CM - Commercial Zoned District
Parking
36 Spaces (0 Spaces per 1,000 SF Leased)
Frontage
198’ on MAIN ST
Somewhat walkable
30/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 041-080-187-00 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $238,419 CAD |
Property Taxes
Parcel Number
041-080-187-00
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$238,419 CAD
Contacts
-
Deno Bistolarides -
Joe Lopez -
Evan Lyons -
Encore Real Estate Investment Services
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Family Dollar | 326 E Main St
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