Family Dollar – Recently Exercised Five Year Renewal – Built in 2004

Agent Info

Deno Bistolarides

248.702.0288
denob@encorereis.com

Ryan Vinco

248.702.0299
ryan@encorereis.com

Matt Weber

248.702.0285
mweber@encorereis.com

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Offering Information

1120 Crystal Avenue
Crystal Falls, MI 49920

  • Price: $486,000
  • Cap. Rate: 9.50%
  • NOI: $46,954
  • Building Size: 8,000SF
  • Lot Size: 2.28 AC

Investment Highlights

  • 8,000 Square Foot Family Dollar Built in 2004
  • Recently Exercised Five Year Renewal
  • (4) Five-Year Renewal Options with Increases
  • Family Dollar Has Occupied The Site Since 2004
  • The Subject Property is Located in Crystal Falls, MI - Iron County
  • Average Household Income is over $50,000 Within a Five Mile Radius
  • 5 Mile Population Surrounding the Investment Property Exceeds 2,800