Discount
Dollar General
3209 Thumb Lake Rd, Boyne Falls, MI 49713
Listing Price: $1,291,000
Cap Rate
7.25%
Tenant Name
Dollar General
Years Remaining On Lease
10.3
Gross SF
9,100
Guarantor
Corporate Guarantee
Rentable SF
9,100
Price/Gross SF
$141.87
Lease Type
Absolute Net
Rent Per Square Feet
$10.28
Investment Overview
Ten years remaining on an absolute-net lase for this Dollar General located near Boyne Mountain Ski and Golf Resort in Boyne Falls, Michigan , just five-miles from Lake Charlevoix, Michigan's third largest inland lake.
Investment Highlights
- Ten Years Remaining on Absolute-Net Lease - Expires 2035
- Placer Ranking – 79 Percent of all Michigan Stores and 87 Percent within 50-Mile Radius
- Near Boyne Mountain Ski Resort and Avalanche Bay Water Park – Ranked in Top 3 Midwest Resorts
- Three Acre Parcel - Future Development Potential
- Dollar General - 20,000+ Locations - S&P Rating - "BBB-"
- Boyne Falls Only Convenience Store to Serve Year-Round Tourism
Exclusively Listed By
Financing By
Listing Price: $1,291,000
Cap Rate
7.25%
Tenant Name
Dollar General
Years Remaining On Lease
10.3
Gross SF
9,100
Guarantor
Corporate Guarantee
Rentable SF
9,100
Price/Gross SF
$141.87
Lease Type
Absolute Net
Rent Per Square Feet
$10.28
Investment Highlights
- Ten Years Remaining on Absolute-Net Lease - Expires 2035
- Placer Ranking – 79 Percent of all Michigan Stores and 87 Percent within 50-Mile Radius
- Near Boyne Mountain Ski Resort and Avalanche Bay Water Park – Ranked in Top 3 Midwest Resorts
- Three Acre Parcel - Future Development Potential
- Dollar General - 20,000+ Locations - S&P Rating - "BBB-"
- Boyne Falls Only Convenience Store to Serve Year-Round Tourism
Investment Overview
Ten years remaining on an absolute-net lase for this Dollar General located near Boyne Mountain Ski and Golf Resort in Boyne Falls, Michigan , just five-miles from Lake Charlevoix, Michigan's third largest inland lake.
Exclusively Listed By
Financing By

