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STNL Portfolio: Dollar General 2 Retail Properties Offered at $3,455,091 CAD in Adrian, MI
INVESTMENT HIGHLIGHTS
- Absolute STNL to Dollar General
- Two (2), freestanding buildings
- Five (5), 5-year options available with 10% rent increases
- Zero LL Responsibilities
- Corporate Guarantee
EXECUTIVE SUMMARY
NAI Farbman is pleased to present the opportunity to acquire two (2) Absolute STNL freestanding Dollar General sites located within Adrian, Michigan. Both assets feature true zero landlord responsibilities, offering investors passive, predictable, and long-term cash flow. Each property is backed by a corporate guarantee from Dollar General, one of the nation’s most stable and expansive retailers. The leases include five (5) five-year renewal options, providing durable tenancy and built-in growth. Scheduled 10% rent increases at each option period further enhance the properties’ long-term income potential.
PROPERTY FACTS
| Price | $3,455,091 CAD | Status | Active |
| Price / SF | $186.34 CAD / SF | Number of Properties | 2 |
| Sale Condition | Bulk/Portfolio Sale | Individually For Sale | 0 |
| Cap Rate | 7.50% | Total Building Size | 18,542 SF |
| Sale Type | Investment NNN | Total Land Area | 3.73 AC |
| Price | $3,455,091 CAD |
| Price / SF | $186.34 CAD / SF |
| Sale Condition | Bulk/Portfolio Sale |
| Cap Rate | 7.50% |
| Sale Type | Investment NNN |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 18,542 SF |
| Total Land Area | 3.73 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
|
Dollar General
4410 W Maumee St, Adrian, MI 49221 |
Retail | 9,442 SF | - | - |
| 1260 N Main St, Adrian, MI 49221 | Retail | 9,100 SF | - | - |
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STNL Portfolio: Dollar General
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