Discount
Dollar Tree
600 North Ave, Battle Creek, MI 49017
Listing Price: $1,651,000
Cap Rate
6.00%
Tenant Name
Dollar Tree
Years Remaining On Lease
5.2
Gross SF
11,008
Guarantor
Corporate Guarantee
Rentable SF
11,008
Price/Gross SF
$149.98
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$9.00
Investment Overview
Marcus & Millichap is pleased to exclusively offer for sale a Dollar Tree in Battle Creek, MI.
Dollar Tree
Investment Highlights
- New 5-Year Triple Net Lease with 4 x 5-Year Options Commencing in February of 2024 - Rent Increases in Option Periods
- Low Price Point Investment Opportunity and Below Market Rent
- Investment Grade (S&P BBB) Corporate Guarantee from Dollar Tree Stores, Inc - $28.33B in Revenue - 17k+ Locations in USA and Canada
Exclusively Listed By
Broker of Record
-
Steven Chaben
Senior Vice President / Regional Manager
Listing Price: $1,651,000
Cap Rate
6.00%
Tenant Name
Dollar Tree
Years Remaining On Lease
5.2
Gross SF
11,008
Guarantor
Corporate Guarantee
Rentable SF
11,008
Price/Gross SF
$149.98
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$9.00
Investment Highlights
- New 5-Year Triple Net Lease with 4 x 5-Year Options Commencing in February of 2024 - Rent Increases in Option Periods
- Low Price Point Investment Opportunity and Below Market Rent
- Investment Grade (S&P BBB) Corporate Guarantee from Dollar Tree Stores, Inc - $28.33B in Revenue - 17k+ Locations in USA and Canada
Investment Overview
Marcus & Millichap is pleased to exclusively offer for sale a Dollar Tree in Battle Creek, MI.
Exclusively Listed By
Broker of Record
-
Steven Chaben
Senior Vice President / Regional Manager
