Family Dollar for Sale in Burton, MI
Burton, MI
Key Investment Metrics
Price
$950,000
Cap Rate
8.2%
Net Operating Income
$78,000
Building Size
9637 SF
Remaining Term
1.5 years
Lease Expiration
12/31/2027
Lease Type
NNN
Tenant Credit
Corporate Guarantee
Year Built
1994
Occupancy
100%
Tenancy
Single
AI illustration · Not the listed propertyProperty overview
Family Dollar in Burton
Review the reported property and lease details, then request the supporting documents for your acquisition review.
- Building area
- 9,637 SF
- Year built
- 1994
- Lease type
- NNN
- Lease expiration
- 12/31/2027
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.