Dollar General
CONTACT US REGARDING THIS LISTING
PROPERTY ADDRESS
3245 LEWIS AVENUE, IDA, MI 48140
PROPERTY INFORMATION
Price:
$1,122,581
Cap Rate:
7.75%
Term Remaining:
10 years Years
Year Built:
2018
INVESTMENT HIGHLIGHTS
- Renovated-To-Suit Redevelopment
- New 10 Year NN Lease | Minimal Landlord Responsibilities
- 10% Rent Increases at Each Option | Four, Five Year Options
- Corporate Guarantee | “BBB” S&P Rating
- Located on Lewis Avenue | 4,000+ Average Daily Traffic
- New Roof & Parking Lot Installed (Summer of 2018)
- Population Within 10 Miles Exceeds 83,000 Residents
- Average Household Income Exceeds $94,000 Within 3 Miles
- Ideal "Small Market" For DG's Business Model