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2257 Sunnyside Dr 9 100 pi² Commerce de détail Immeuble Cadillac, MI 49601 1 822 023 $ CAD (200,22 $ CAD/pi²) 7% Taux de capitalisation



Certaines informations ont été traduites automatiquement.
Faits saillants de l'investissement
- 10% rent increases providing built-in income growth
- Approximately 9,100 SF of gross leasable area
- Single-tenant Dollar General net lease investment
Résumé de l'annonce
Marcus & Millichap is pleased to present the opportunity to acquire a single-tenant Dollar General located at 2257 Sunnyside Drive in Cadillac, Michigan. The property
is leased to Dollar General Corporation, a BBB credit-rated tenant, providing investors with secure, long-term income backed by a nationally recognized retailer.
The freestanding retail building was constructed in 2019 and consists of approximately 9,100 square feet of gross leasable area. The lease commenced on June 3, 2019,
and expires on June 30, 2034, offering approximately 8+ years of remaining primary term. The lease features 10 percent rent increases and includes four (4), five-year
renewal options, providing strong income growth and long-term residual value.
Dollar General operates more than 19,000 locations nationwide and focuses on necessity-based retail serving value-oriented consumers, particularly in rural and
secondary markets. The subject property benefits from modern construction, minimal capital expenditure risk, and a long-term lease structure well suited for passive
investors seeking predictable cash flow and inflation protection.
This offering represents the opportunity to acquire a newer-construction, credit-tenant net lease asset with long-term lease security in a stable Midwestern market
is leased to Dollar General Corporation, a BBB credit-rated tenant, providing investors with secure, long-term income backed by a nationally recognized retailer.
The freestanding retail building was constructed in 2019 and consists of approximately 9,100 square feet of gross leasable area. The lease commenced on June 3, 2019,
and expires on June 30, 2034, offering approximately 8+ years of remaining primary term. The lease features 10 percent rent increases and includes four (4), five-year
renewal options, providing strong income growth and long-term residual value.
Dollar General operates more than 19,000 locations nationwide and focuses on necessity-based retail serving value-oriented consumers, particularly in rural and
secondary markets. The subject property benefits from modern construction, minimal capital expenditure risk, and a long-term lease structure well suited for passive
investors seeking predictable cash flow and inflation protection.
This offering represents the opportunity to acquire a newer-construction, credit-tenant net lease asset with long-term lease security in a stable Midwestern market
Faits sur la propriété
Type de vente
Investissement
Type de propriété
Commerce de détail
Sous-type de propriété
Immeuble de commerce
Taille du bâtiment
9 100 pi²
Classe d’immeuble
C
Année de construction
2019
Prix
1 822 023 $ CAD
Prix par pi²
200,22 $ CAD
Taux de capitalisation
7%
Revenu net d’exploitation
127 542 $ CAD
Location
Unique
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,21
Taille du lot
1,00 AC
Zonage
C-1 - Commercial
Stationnement
20 places (2,19 places par 1 000 pi² loué)
Façade
149’ sur Sunnyside Dr
Impôts fonciers
| Numéro de lot | 2109-07-2401 | Évaluation des bâtiments | 0 $ CAD |
| Évaluation du terrain | 0 $ CAD | Évaluation totale | 744 832 $ CAD |
Impôts fonciers
Numéro de lot
2109-07-2401
Évaluation du terrain
0 $ CAD
Évaluation des bâtiments
0 $ CAD
Évaluation totale
744 832 $ CAD
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2257 Sunnyside Dr
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