Dollar General
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PROPERTY ADDRESS
2837 W. STERNS ROAD, LAMBERTVILLE, MI 48144
PROPERTY INFORMATION
Price:
$1,473,125
Cap Rate:
6.40%
Term Remaining:
15 years Years
Year Built:
2018
INVESTMENT HIGHLIGHTS
- • Absolute NNN Lease | Zero Landlord Responsibilities
- • 15 Year Term / 4 (5 Year) Options
- • One Mile Household Income $88,783
- • Five Mile Population 122,604
- • 11,680 Cars Per Day on W. Sterns Road & 4,995 Cars Per Day on Summerfield Road
- • Investment Grade Dollar Store with "BBB" Credit Rating
- • Dollar General Reported 28 Consecutive Quarter of Same Store Sales Growth
- • Only 9.5 Miles from Downtown Toledo, Ohio
- • Less Than 1 Mile from Douglas Rd. Elementary School with 563 Students
- • Hard Corner Location