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