5935 E Old M 63 | Luther, MI 49656
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5935 E Old M 63
Luther, MI 49656
Dollar General · Retail Property For Sale
Investment Highlights
- Investment grade tenant (S&P: BBB) and corporate guarantee from Dollar General Corp. (NYSE: DG), a Fortune 500 company
- Attractive return providing an above average market yield
- E-commerce and recession proof company
- Absolute NNN lease requiring no landlord responsibilities
- No competition in over 14 miles
- ±12.5 years of lease term remaining and an additional five, 5 year options with 10% increases in each option
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,100 SF
Building Class
C
Year Built
2021
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
1.26 AC
Zoning
CM
Parking
23 Spaces (2.53 Spaces per 1,000 SF Leased)
Frontage
140 ft on East Old M 63
PROPERTY TAXES
| Parcel Number | 43-207-002-00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $410,253 |
PROPERTY TAXES
Parcel Number
43-207-002-00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$410,253
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