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Dollar General

$1,230,000

300 South Main Street, Brooklyn, MI 49230

Pending
Last Updated: 01/31/2025

8

Cap Rate

98,415

NOI

Details:
Cap Rate:    8%
NOI:    $98,415
Building Size:    9,014 sqft
Lot Area:    1.04 acres
Occupancy:    100%
Year Built:    2010
Tenancy:    Single
Highlights:
  • INVESTMENT GRADE TENANT | CORPORATE GUARANTY
  • 14+ YEAR OPERATING HISTORY | RECENTLY EXERCISED OPTION
  • STRONG RETAIL CORRIDOR | TOP PERFORMING LOCATION
  • PREMIER MAIN STREET LOCATION | PROXIMITY TO MICHIGAN INTERNATIONAL SPEEDWAY
Description:

Mid-America Real Estate Corporation has been retained by the owner to sell the fee simple interest in 300 Main Street, a Dollar General store in Brooklyn, Michigan. Dollar General is operating on a net lease with term through 2030 and has been operating at the site since 2010.

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Documents:
Title
Dollar_General_OM.pdf
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Location
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