Family Dollar | Dollar Tree Combo Store
10,500 SF | Retail Building | Cass City, MI 48726 | $1,875,000 ($179/SF) | 7% Cap Rate
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $1,875,000
- Property Type
-
Retail
- Square Feet
- 10,500 SF
- Price / Square Foot
- $179
Listing Contacts
Christian Tremblay
Verified Profile
BJ Feller
Verified Profile
- Property Info
Property Overview
Northmarq is pleased to offer for sale to qualified investors, the opportunity to purchase a fee simple interest in the Family Dollar | Dollar Tree located in Cass City, Michigan (the “Property”). This is a relocation from across the street into a newly constructed combo store that leverages the strengths of both brands to serve small towns across the country. The Property consists of a 10,500-square-foot freestanding retail building, on a 1.52-acre parcel of land. Family Dollar | Dollar Tree is operating under a brand new, 10-year net lease, offering a passive investment asset with limited landlord responsibilities. See Lease Abstract for full details.
Property Details
- Class
- B
- Year Built
- 2023
- Stories
- 1
- Property Subtype
- Storefront
- Lot Size (sq. ft)
- 66,211 SF
Highlights
- Relocation Into New Combo Store Concept | 2023 Construction
- Brand New 10-Year Term Net Lease | Limited LL Responsibilities
- Advantageous Access Point | Cass City Road - Primary East/West Thruway
- Located Near the Hills & Dales Hospital | 25-Bed Critical Access Facility
- Best-In-Class Tenant w/ Investment Grade Parent Company | S&P: BBB/Stable
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