Single-Tenant Retail

Family Dollar Tree | New Construction 2023

500 S Mable St, Pinconning, MI

Listing Price: $1,671,975

Click To Access Offering Memorandum
  • Cap Rate7.85%
  • Building SF10,500 SF
  • Price/SF$159.24
  • Year Built / Renovated2023

Investment Highlights

  • New Construction Family Dollar Tree Combination Store Concept | 2023 Build-To-Suit
  • “Family Dollar Stores, INC.” Lease Entity – Publicly-Traded (NYSE: DLTR / S&P: BBB) | Largest Small Box Discount Retailer in the U.S.
  • 10-Year Initial Double-Net Lease Term | (4) 5-Year Options
  • Rent Increases: $0.50/SF in Each Option
  • Main & Main Location at Signalized Intersection | 2 Ingress/Egress Points | Combined 16,458 VPD
  • Pinconning Famously Known as the “Cheese Capital of Michigan” for it’s Local Pinconning Cheese & Cheese Shops
  • 2 Miles from Bay County Pinconning Park & Saginaw Bay | Boardwalks, Tails, Beach, Campsites, Cabin & Kayak Rentals
  • 20 Miles North of Bay City
Lead Agent

Ashish Vakhariya

Senior Vice President Investments

Lic: MI 6501322501

Darin Gross

Senior Associate

Lic: MI 6501384871

Seth Haron

First Vice President Investments

Lic: MI 6501373006

MICHIGAN BROKER OF RECORD: STEVEN R. CHABEN | 2 TOWNE SQUARE, SUITE 450, SOUTHFIELD, MI | 248.415.2600 | LIC: MI 6502387903