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DOLLAR GENERAL 3055 Williamston rd

12,687 SF 4-Star Retail Building Williamston, MI 48895 $3,344,237 CAD ($264 CAD/SF) 6.65% Cap Rate

Investment Highlights

  • Brand new build-to-suit construction/Dollar General’s largest ±12,687 SF Market prototype
  • The subject property is strategically located adjacent to Tractor Supply Co. reflecting the favorable business environment of the area
  • Brand new 15 year corporately guaranteed Next-Gen lease featuring 5% rental increases every 5 years with five, 5 year options
  • Located in the Lansing MSA with over 70,000 people in a 10 mile radius and above avg. annual household income in excess of $100,000
  • Wheatfield Valley Golf, a municipal 18-hole par-70 course, is located just down the road driving additional traffic to the subject property
  • Dollar General boasts an investment grade credit rating of BBB (S&P)

Executive Summary

Broker of Record
Matt Fitzgerald
License No. 6505432273 (MI)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
12,687 SF
Building Class
B
LoopNet Rating
4 Star
Construction Status
Proposed
Price
$3,344,237 CAD
Price Per SF
$264 CAD
Cap Rate
6.65%
NOI
$222,391 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
4.04 AC

Nearby Major Retailers

Huntington National Bank
Citizens Bank
Fifth Third Bank
Biggby Coffee
Grand Rental Station

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
18-07-02-400-037
Land Assessment
$340,902 CAD
Improvements Assessment
$0 CAD
Total Assessment
$340,902 CAD
  • Listing ID: 34152426

  • Date on Market: 2024-12-10

  • Last Updated:

  • Address: 3055 Williamston rd, Williamston, MI 48895

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