Triple Net Family Dollar
Market Price
321 E Main St, Carson City, MI 48811
8,320 sqft
Building Size
0.2 acres
Lot Area
Details:
Highlights:
- Original 15-Year Absolute Triple Net (NNN) Lease
- 6 1/2 years remaining on lease
- 10% rental increase in July 2026
- Six, Five-Year Tenant Renewal Options
Description:
SVN Auction Services is pleased to present our latest auction opportunity! This Family Dollar Carson City, Michigan. is currently on a 15-year triple net lease which began on October 11th, 2016. The current annual rent is $113,281 and is set to increase by 10% in June 2026 and in each of the 6, 5-year renewal options.
The building itself is currently sitting vacant, however Family Dollar is still paying the lease and plans to until the end of the lease term 6 years from now! This is a fantastic opportunity for a savvy investor who understands triple net deals and wishes to add another to their portfolio at a discount.
The online auction opens for bidding on Thursday, June 19th, 2025 and begins to close at 4 pm on Wednesday, June 25th, 2025.
Terms:
Online Auction
10% Deposit
Close in 30 days
As is / Where is Sale
No contingencies
CarsonCityAuction.com
Carson City, Michigan is a small town about an hour East of Grand Rapids and 45 minutes North of Lansing.
Location
Gallery
