Dollar Tree | 2015 Prototype Construction | 7% CAP Rate | Long Term Lease

Agent Info

Brandon Hanna

248.702.0290
bhanna@encorereis.com

Deno Bistolarides

248.702.0288
denob@encorereis.com

Ryan Vinco

248.702.0299
ryan@encorereis.com

Request More Info

Offering Information

3560 Dixie Highway
Saginaw, MI 48601

  • Price: $1,458,900
  • Cap. Rate: 7.0%
  • NOI: $102,125
  • Building Size: 9,500SF
  • Lot Size: .80 AC

Investment Highlights

  • 10 Year NN Lease | Requires Minimal Landlord Responsibility
  • New 2015 Construction Featuring Dollar Tree’s Modern Prototype Store
  • Lease Supports Three (3), 5-Year Option Periods
  • Rent Escalations of $0.50 PSF Featured During Each Option Period
  • Rent Increase Provides Investor with Hedge Against Inflation
  • Corporate Guarantee by Dollar Tree which Carries a “BB+” Rating
  • Attractive Location in a Densely Populated Market with Strong Demographics for a Discount Retailer
  • 5 Mile Population Surrounding the Investment Property Exceeds 78,000
  • Subject Property is Ideally Located Within the Areas Main Retail Corridor