Dollar General
Single-Tenant Offerings
Dollar General
8901 Onsted Hwy.
Onsted (Southwest of Ann Arbor), MI
- Price:
- $1,810,000
- Cap Rate:
- 7.25%
- NOI:
- $131,250
- Rentable SQFT:
- 10,924 SF
- Year Built:
- 1992/2023
- Lot Size:
- 2.791 +/- Acres
- Lease Type:
- NN
- Status:
- Available
Investment Highlights
- New 10-Year Lease with Minimal Landlord Responsibilities
- 10% Rental Increases Beginning in Option Periods
- Investment Grade Credit Tenant, Rated ‘BBB’ by S&P
- Dollar General is the Nation’s Largest Retailer with 19,000+ Stores
- Classified Nationally as an Essential Retailer for Daily Shopping Needs
- All-Brick Building, Brand New Roof with 15-Year Transferrable Warranty
- Strategic Location, Closest Dollar General is 11+ Miles Away
- Competition Void, High Need for Goods and Services
- Serving Over 36,280 Residents in Growing Trade Area
- Average Household Income Exceeds $84,000 within 3 Miles and $80,000 within 5 Miles
- Easy Access to M-50, a Major East/West Artery in the State
- Minutes to Michigan International Speedway, NASCAR Track with Over 385,000 Annual Visitors
- West of Lake Erie with 11 Million Visitors Annually
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