Walgreens (Dollar Tree sub-let) - Detroit, MI suburb

Retail / Posted 10 months ago by Bill Weitzenkorn, SWE Realty / 331 views

  • Price : $5,200,000
  • Cap Rate : 6.25%
  • Net Operating Income : $325,000
  • Tenant : Dollar Tree
  • Lease Type : NNN
  • Lease Term Remaining (Years) : 9
  • Building Size (SF) : 14,800
  • Land Area (Acres) : 1.46
  • Year Built : 2004
  • Freestanding Dollar Tree Store (as a sub-let to Walgreens)
  • Approx. 9.5 Year NNN Corporate Backed Lease Remaining
  • Population Count 290,000+ Within 5-mile Radius of Site
  • Traffic Count 30,120+ Vehicles Per Day
  • Hard Corner with Traffic Light
  • Main Thoroughfare Site with Excellent Visibility
  • Investment Grade Credit Tenant – S&P “BBB-”
  • Approx. 20 miles from Auburn Hills, MI
  • Close to two regional shopping malls

39040 Garfield RoadClinton Township,Georgia,48038

Bill Weitzenkorn
SWE Realty

4702372043

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