Dollar Tree - Net Lease Property for Sale
Coloma, MI
Key Investment Metrics
Price
$1,169,000
Cap Rate
7.7%
Net Operating Income
$89,440
Building Size
11180 SF
Lot Size
11,180 SF
Land Area
1.92 Acres
Remaining Term
10.5 years
Lease Expiration
06/25/2036
Lease Term
10 years
Lease Commencement
06/25/2026
Lease Type
NNN
Tenant Credit
Credit Rated
Year Built
2005
Occupancy
100%
Tenancy
Single
Rent Increases
Option 1: $7,919/mo., Option 2: $8,385/mo., Option 3: $8,850/mo., Option 4: $9,265/mo.
About This Dollar Tree Net Lease Property
This Dollar Tree NNN (triple net lease) property is located in Coloma, MI and represents an excellent investment opportunity for commercial real estate investors. The property features 11180 square feet of building space and was built in 2005.
With a cap rate of 7.7%, this Dollar Tree net lease property offers stable income potential. The asking price is $1,169,000, making it an attractive option for 1031 exchange investors seeking quality Dollar Tree commercial properties.
Why Invest in Dollar Tree NNN Properties?
- Stable Income: Dollar Tree net lease properties provide predictable cash flow with minimal landlord responsibilities.
- Strong Tenant: Dollar Tree is a nationally recognized brand with proven operational success.
- 1031 Exchange Eligible: This property qualifies for 1031 tax-deferred exchanges, allowing investors to defer capital gains taxes.
- Triple Net Lease: The tenant is responsible for property taxes, insurance, and maintenance, reducing landlord obligations.
Coloma, MI Market Overview
Located in Coloma, MI, this Dollar Tree property benefits from strong local demographics and market fundamentals. The Coloma area offers excellent visibility and accessibility, making it an ideal location for Dollar Tree operations and a solid investment for net lease property buyers.