Family Dollar for Sale in Burton, MI

Burton, MI

RetailStorefrontDollar StoreNNNNet LeaseFee Simple

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

Family Dollar representative storefront illustrationAI illustration · Not the listed property

Property 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. 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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