Discount
Dollar General
6640 Red Arrow Hwy, Coloma, MI 49038
Listing Price: $726,723
Cap Rate
8.85%
Tenant Name
Dollar General
Years Remaining On Lease
2.9
Guarantor
Corporate Guarantee
Rentable SF
9,150
Lease Type
Double Net
Rent Per Square Feet
$0.73
Investment Overview
This investment is being offered at $726,723 which represents an 8.85% cap rate
Dollar General
Investment Highlights
- NN Lease with 3 years remaining
- 25+ year operating history at this store
- Located on the main highway directly into town
- Located near national tenants including McDonald's, Wendy's, Taco Bell, Burger King, Speedway, Biggby Coffee, Pizza Hut, Subway and more
- Positioned directly across the street from a mobile home community and near other residential homes
- Coloma is located off I-94 and two hours from Chicago
- Store is part of DG's National Insurance Program
- Located near Paw Paw Lake, a popular resort area known for it's vineyards and wineries
Exclusively Listed By
Broker of Record
-
Steve Chaben
Senior Vice President / Regional Manager
Listing Price: $726,723
Cap Rate
8.85%
Tenant Name
Dollar General
Years Remaining On Lease
2.9
Guarantor
Corporate Guarantee
Rentable SF
9,150
Lease Type
Double Net
Rent Per Square Feet
$0.73
Investment Highlights
- NN Lease with 3 years remaining
- 25+ year operating history at this store
- Located on the main highway directly into town
- Located near national tenants including McDonald's, Wendy's, Taco Bell, Burger King, Speedway, Biggby Coffee, Pizza Hut, Subway and more
- Positioned directly across the street from a mobile home community and near other residential homes
- Coloma is located off I-94 and two hours from Chicago
- Store is part of DG's National Insurance Program
- Located near Paw Paw Lake, a popular resort area known for it's vineyards and wineries
Investment Overview
This investment is being offered at $726,723 which represents an 8.85% cap rate
Exclusively Listed By
Broker of Record
-
Steve Chaben
Senior Vice President / Regional Manager
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