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Single-Tenant Retail
Dollar Tree | New Construction 2024
4148 W Polk Rd, Hart, MI
Listing Price: $2,083,916
Click To Access Offering Memorandum- Cap Rate7.15%
- Building SF10,000 SF
- Price/SF$208.39
- Year Built / Renovated2024
Investment Highlights
- New Construction Dollar Tree | 2024 Build-To-Suit
- “Dollar Tree 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 | (5) Five-Year Options
- Rent Increases: $0.50/SF in Each Option
- High Visibility on W Polk Road (8,636 VPD) | Immediate Access to US-31 (10,286 VPD)
- Positioned Next to Newer Construction AutoZone (Built in 2020) & Adjacent to Tractor Supply
- 7 Miles from Silver Lake State Park | World Famous Sand Dunes & Tourist Attraction
- 21 Miles South of Ludington | 35 Miles North of Muskegon
MICHIGAN BROKER OF RECORD: STEVEN R. CHABEN | 2 TOWNE SQUARE, SUITE 450, SOUTHFIELD, MI | 248.415.2600 | LIC: MI 6502387903