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Single-Tenant Retail
Family Dollar Tree | New Construction 2023
470 N Main St, Reading, MI
Listing Price: $1,571,656
Click To Access Offering Memorandum- Cap Rate7.85%
- Building SF10,500 SF
- Price/SF$149.68
- 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 | (3) 5-Year Options
- Rent Increases: $0.50/SF in Each Option
- Main Street Location
- One of Only Two Dollar Stores within Six Miles
- 19 Miles Southeast of Coldwater & 45 Miles Southwest of Jackson
MICHIGAN BROKER OF RECORD: STEVEN R. CHABEN | 2 TOWNE SQUARE, SUITE 450, SOUTHFIELD, MI | 248.415.2600 | LIC: MI 6502387903