Dollar General
$1,355,785
3607 68th St SE, Caledonia (Grand Rapids MSA), MI 49316
For Sale
Retail
Free Standing
Active
Last Updated: 12/02/2024
9,301 sqft
Building Size
1.83 acres
Lot Area
Details:
Building Size: 9,301 sqft
Lot Area: 1.83 acres
Occupancy: 100%
Units: 1
Year Built: 2013
Highlights:
- Absolute NNN Lease - Zero Landlord Responsibilities
- Build to Suit for Dollar General in 2013 Per Tenant's Specifications
- 9,301 Square Foot Building Located on 1.83 Acres of Land
- 4+ Years Remaining on the Lease - Equipped with Five, 5 Year Options to Renew with Increases in Each Option Period
- Very Strong Location and Demographics - Caledonia is a Growing Suburban Market 20 Minutes from Downtown Grand Rapids and is Experiencing Strong Retail, Residential and Industrial Growth
- Corporate Backed Guarantee by Dollar General - "BBB" By Standard & Poor's
- 1 Mile from 1MM Square Foot Amazon Fulfillment Center AND 800K SF Amazon Sort Center - Constructed in 2020 the Center Employs Close to 3,000 People
- Excellent Location on 68th Street - A Retail Mainstay in the Caledonia/Gaines Township Market and in Close Proximity to Strong Suburban Residential Developments as well as Gerald Ford International Airport
- There is 7.1M Square Feet of Industrial & Distribution within a 5 Minute Drive of the Property - Very Strong Location
- Properties of Note in Close Proximity to the Property include: Steelcase Manufacturing (600K SF,) Coca Cola Distribution Center (200K SF,) Amazon (1.8MM SF) and Many More National, Regional and Industrial & Distribution Tenants
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