Dollar General
$1,934,846
7951 South Arnold Road, Ashley, MI 48806
For Sale
Retail
Street Retail
Active
Last Updated: 10/19/2023
6.5
Cap Rate
125,765
NOI
Details:
Cap Rate: 6.5%
NOI: $125,765
Building Size: 10,640 sqft
Year Built: 2023
Highlights:
- Brand New 2023 Construction | Long-Term Absolute NNN Lease
- 15-Year Lease with Five, 5-Year Options
- Lease Supports 5% Rental Increases Every 5 Years Throughout the Term and in Each Option
- Excellent Visibility and Easily Accessible Along S Arnold Rd
- Dollar General Has Over 19,400 Locations | NYSE: DG | S&P: BBB
- Located Approximately 40 Miles North of Lansing, 50 Miles Northwest of Flint and 70 Miles Northeast of Grand Rapids
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