Skip to main content

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.

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

    (248) 415-2600

    License(s) MI: 6502387903

    Michigan

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

    (248) 415-2600

    License(s): MI: 6502387903

    Michigan

MM Texture Background
MM Textured Background Lower