Family Dollar

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Richard G. Ludwig

Senior Director

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PROPERTY ADDRESS

905 S Michigan Ave., Manton, MI 49663

PROPERTY INFORMATION

Price:
$795,000
Cap Rate:
7.55%
Term Remaining:
8+ years Years
Year Built:
2016
Status:
Available

INVESTMENT HIGHLIGHTS

  • NN Lease Guarantee Minimal Landlord Responsibilities
  • Tenant Recently Extended Lease in 2016 for 10 Years
  • Lease Comes Equipped with Four, Five-Year Options
  • 10% Percent Rental Increases in Each Option Period
  • Corporately Guaranteed by Family Dollar | BB+ Credit Rating
  • Family Dollar Operates Over 8,000 Locations in 44 States
  • Family Dollar was Acquired by Dollar Tree