Discount
Absolute Net Dollar General w/Ten Years Remaining
4276 Le Valley Rd, Columbiaville, MI 48421
Listing Price: $1,414,752
Investment Overview
Subject is a Prime 9,026 Square-Foot Build-to-Suit Dollar General on a 1.73-Acre Lot with Ample Parking, Pylon Signage, Easy Ingress/Egress, and Strategically Located on a Hard Corner. Absolute NNN Lease with a 15-Year Base Term and Zero Landlord Responsibility | 10% Rental Increases in 5 x 5-Year Options.
Absolute Net Dollar General w/Ten Years Remaining
Investment Highlights
- Investment Grade Tenant Dollar General is the Country's Largest Small Box Discount Retailer with Over 18,000 Stores and a Credit Rating of BBB from S&P
- Traffic Counts on LeValley Road (1,744 VPD) and Marathon Road (1,342 VPD), a Quarter Mile off of Pine Street (3,373 VPD) (Source: LandVision, CoStar 2020)
- Thriving Bedroom Community with an Average Household Income of Over $74,000 within Five Miles of the Subject Asset, as of 2022
- Subject is 26 Miles from Bishop International Airport, Serving 300,000 Passengers Annually (bishopairport.org)
- Parks and Outdoor Recreational Facilities Nearby Include: Lapeer State Game Area, Zemmer Park, Buttercup Beach, Sugarbush Golf Club, For-Mar Nature Preserve & Arboretum, Sloan Museum, and More
- Subject is 22 Miles from Downtown Flint Michigan, with a Population of 80,628
Exclusively Listed By
Broker of Record
-
Steven Chaben
Senior Vice President / Regional Manager
Financing By
Discount
Absolute Net Dollar General w/Ten Years Remaining
Listing Price: $1,414,752
Investment Highlights
- Investment Grade Tenant Dollar General is the Country's Largest Small Box Discount Retailer with Over 18,000 Stores and a Credit Rating of BBB from S&P
- Traffic Counts on LeValley Road (1,744 VPD) and Marathon Road (1,342 VPD), a Quarter Mile off of Pine Street (3,373 VPD) (Source: LandVision, CoStar 2020)
- Thriving Bedroom Community with an Average Household Income of Over $74,000 within Five Miles of the Subject Asset, as of 2022
- Subject is 26 Miles from Bishop International Airport, Serving 300,000 Passengers Annually (bishopairport.org)
- Parks and Outdoor Recreational Facilities Nearby Include: Lapeer State Game Area, Zemmer Park, Buttercup Beach, Sugarbush Golf Club, For-Mar Nature Preserve & Arboretum, Sloan Museum, and More
- Subject is 22 Miles from Downtown Flint Michigan, with a Population of 80,628
Investment Overview
Subject is a Prime 9,026 Square-Foot Build-to-Suit Dollar General on a 1.73-Acre Lot with Ample Parking, Pylon Signage, Easy Ingress/Egress, and Strategically Located on a Hard Corner. Absolute NNN Lease with a 15-Year Base Term and Zero Landlord Responsibility | 10% Rental Increases in 5 x 5-Year Options.
Exclusively Listed By
Broker of Record
-
Steven Chaben
Senior Vice President / Regional Manager
Financing By
