Family Dollar
PRICE
CAP RATE
SQUARE FOOTAGE
LEASE TERM

CONTACT US REGARDING THIS LISTING

Douglas Passon

Managing Partner

Robert Bender

Managing Partner

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PROPERTY ADDRESS

2212 E 14 Mile Rd., Warren, MI 48092

PROPERTY INFORMATION

Price:
$760,000
Cap Rate:
8.25%
Term Remaining:
4 Years

INVESTMENT HIGHLIGHTS

  • Building Recently Renovated—Google Street is Old Bldg.
  • 10,364 SF Family Dollar Store Situated on .92 Acre Parcel
  • NN Lease with Minimal Landlord Responsibilities
  • Recent Lease Extension | Tenant Exercised First Option
  • Rent Here is Approx. 50% of “New Construction” Rates
  • ~4.75 Years Remaining in First Option
  • 165 Feet of Frontage on 14 Mile Road
  • Corporate Guaranteed Lease | S&P Rating BBB-