Skip to main content

Shopping Community

Dollar Tree - Biggby Plaza

1441 US-223, Adrian, MI 49221

Listing Price: $2,500,000

Cap Rate
7.30%
Gross SF
12,440
Rentable SF
12,440
Price/Gross SF
$200.96
Lot Size
1.10 acres
Year Built
2012

Investment Overview

Two tenant plaza in Adrian, MI with Dollar Tree and Biggby Coffee, both on gross leases. Located near Meijer, Walmart, Lowe's, Kohl's, Hobby Lobby, Marshall’s and others. Both tenants are in their option term after 12 plus year operating history. Placer report ranks this Biggby 99% in customer traffic out of 336 stores nationwide and Dollar Tree 68% in Michigan.

Investment Highlights

  • Biggby Coffee ranks 99% in customer visits nationally out of 336 stores by Placer
  • Dollar Tree ranks 68% in customer visits in Michigan out of 314 stores by Placer
  • Dollar Tree & Biggby located between Walmart, Meijer, Lowe's and Adrian Mall (Hobby Lobby & Dunham's Sports)
  • Recently extended Dollar Tree lease term with 12+ years remaining
  • Recently extended Biggby Coffee lease term with nearly eight years remaining

Exclusively Listed By

Financing By

Shopping Community

Dollar Tree - Biggby Plaza

Listing Price: $2,500,000

Cap Rate
7.30%
Gross SF
12,440
Rentable SF
12,440
Price/Gross SF
$200.96
Lot Size
1.10 acres
Year Built
2012

Investment Highlights

  • Biggby Coffee ranks 99% in customer visits nationally out of 336 stores by Placer
  • Dollar Tree ranks 68% in customer visits in Michigan out of 314 stores by Placer
  • Dollar Tree & Biggby located between Walmart, Meijer, Lowe's and Adrian Mall (Hobby Lobby & Dunham's Sports)
  • Recently extended Dollar Tree lease term with 12+ years remaining
  • Recently extended Biggby Coffee lease term with nearly eight years remaining

Investment Overview

Two tenant plaza in Adrian, MI with Dollar Tree and Biggby Coffee, both on gross leases. Located near Meijer, Walmart, Lowe's, Kohl's, Hobby Lobby, Marshall’s and others. Both tenants are in their option term after 12 plus year operating history. Placer report ranks this Biggby 99% in customer traffic out of 336 stores nationwide and Dollar Tree 68% in Michigan.

Exclusively Listed By

Financing By

MM Texture Background
MM Textured Background Lower