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Single-Tenant Retail
Family Dollar Tree | New Construction 2024
7029 W Mount Morris Rd, Flushing, MI
Listing Price: $1,681,373
Click To Access Offering Memorandum- Cap Rate7.65%
- Building SF10,500 SF
- Price/SF$160.13
- Year Built / Renovated2024
Investment Highlights
- New Construction Family Dollar Tree Combination Store Concept | 2024 Build-To-Suit
- “Family Dollar Stores of Michigan, LLC” 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
- Large Corner Lot at W Mt. Morris & Elms Roads | 2 Ingress/Egress Points | Combined 11,679 VPD
- 2.5 Miles from I-75 (73,736 VPD) | Direct Route Via W Mt. Morris Road
- 9 Miles from Flint
- 26 Miles from Saginaw
MICHIGAN BROKER OF RECORD: STEVEN R. CHABEN | 2 TOWNE SQUARE, SUITE 450, SOUTHFIELD, MI | 248.415.2600 | LIC: MI 6502387903