Dollar General

CONTACT US REGARDING THIS LISTING

Bryan Bender

Partner & Managing Director

Ben Schultz

Senior Advisor

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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
Status:
Pending

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