Shopping Regional
Dollar General | 7+ Years Remaining | Absolute NNN Lease
5455 W Isabella Rd, Shepherd, MI 48883
Listing Price: $1,233,000
Investment Overview
Marcus & Millichap is proud to announce the listing of Dollar General in Shepherd, Michigan. The property has over seven years remaining on an original 15-year corporate guaranteed triple-net lease with 10 percent rent increases every five years in the options. Tenant is 100 percent responsible for all expenses, including parking lot, taxes, insurance, roof, and structure. This is a true triple-net lease with no landlord responsibilities or expenses.
Investment Highlights
- Investment Grade Tenant (S&P: BBB) with 21,000 plus Locations
- Seven plus Years Remaining on an Original 15-Year Lease
- 10-Miles from Central Michigan University (14,000 plus Students Enrolled)
Exclusively Listed By
Broker of Record
Shopping Regional
Dollar General | 7+ Years Remaining | Absolute NNN Lease
Listing Price: $1,233,000
Investment Highlights
- Investment Grade Tenant (S&P: BBB) with 21,000 plus Locations
- Seven plus Years Remaining on an Original 15-Year Lease
- 10-Miles from Central Michigan University (14,000 plus Students Enrolled)
Investment Overview
Marcus & Millichap is proud to announce the listing of Dollar General in Shepherd, Michigan. The property has over seven years remaining on an original 15-year corporate guaranteed triple-net lease with 10 percent rent increases every five years in the options. Tenant is 100 percent responsible for all expenses, including parking lot, taxes, insurance, roof, and structure. This is a true triple-net lease with no landlord responsibilities or expenses.
Exclusively Listed By
Broker of Record