Dollar Tree for Sale in Coloma, MI

Coloma, MI

RetailConvenience StoreDollar StoreNNNNet LeaseFee Simple

Key Investment Metrics

Price

$1,169,000

Cap Rate

7.7%

Net Operating Income

$89,440

Building Size

11180 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.

Dollar Tree representative storefront illustrationAI illustration · Not the listed property

Property overview

Dollar Tree in Coloma

Review the reported property and lease details, then request the supporting documents for your acquisition review.

Building area
11,180 SF
Land area
1.92 acres
Year built
2005
Lease type
NNN
Lease expiration
06/25/2036

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. 1

    Lease and guaranty

    Request the executed lease and amendments. Identify the legal tenant, guarantor and landlord obligations.

  2. 2

    Income and expenses

    Obtain the rent roll and operating statement supporting the advertised NOI and cap rate.

  3. 3

    Property condition

    Review survey, title, condition and environmental information relevant to this property.

  4. 4

    Exchange requirements

    For a 1031 exchange, confirm eligibility and deadlines with your qualified intermediary and tax adviser.

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