Dollar General for Sale in Oakley, MI
Oakley, MI
Key Investment Metrics
Price
$2,151,000
Cap Rate
6.8%
Net Operating Income
$145,176
Building Size
10640 SF
Land Area
5.03 Acres
Remaining Term
15 years
Lease Expiration
11/29/2040
Lease Term
15 years
Lease Commencement
10/31/2025
Lease Type
NNN
Tenant Credit
Corporate Guarantee
Year Built
2025
Occupancy
100%
Tenancy
Single
Rent Increases
Yes
Property overview
Dollar General in Oakley
Review the reported property and lease details, then request the supporting documents for your acquisition review.
- Building area
- 10,640 SF
- Land area
- 5.03 acres
- Year built
- 2025
- Lease type
- NNN
- Lease expiration
- 11/29/2040
Confirm current availability, pricing and lease terms through the inquiry form before relying on this listing.
Before you make an offer
Four things to verify
- 1
Lease and guaranty
Request the executed lease and amendments. Identify the legal tenant, guarantor and landlord obligations.
- 2
Income and expenses
Obtain the rent roll and operating statement supporting the advertised NOI and cap rate.
- 3
Property condition
Review survey, title, condition and environmental information relevant to this property.
- 4
Exchange requirements
For a 1031 exchange, confirm eligibility and deadlines with your qualified intermediary and tax adviser.