Dollar General
3431 Joy Road
Detroit, MI 48206
FOR SALE
Property Type:
Free Standing BuildingAmount:
$1,462,222
Last Verified:
Jan 05, 2023Highlights
- INVESTMENT HIGHLIGHTS
- DOLLAR GENERAL | BRAND NEW 10-YEAR NET LEASE
- MINIMAL LANDLORD RESPONSIBILIITES | ROOF/STRUCTURE
- 10-YEAR TRANSFERABLE ROOF WARRANTY
- BRAND NEW 2022 BUILD-TO-SUIT CONSTRUCTION
- CORPORATE GUARANTEE | 18,200+ LOCATIONS | $4.4B REVENUE
- FEE SIMPLE ASSET | OFFERED FREE & CLEAR
- 10% RENT INCREASES EVERY 5 YEARS IN BASE AND OPTION TERMS
- WELL BELOW MARKET RENTS AT $7.71 PSF
- SITUATED ON NEARLY 0.81 ACRES | 12,198-SQUARE FEET
- HIGH VISIBILITY ON JOY ROAD | 10,000+ VPD
- JUST OFF I-96 / JEFFRIES FREEWAY | 104,000+ VPD
- STRONG DEMOS | NEARLY 400k PEOPLE IN 5-MILE RADIUS
- DENSE AREA | 148k HOUSEHOLDS IN 5-MILE RADIUS
- LIMITED COMPETITION | ONLY DOLLAR GENERAL IN VICINITY
- LOCATED IN DETROIT | LARGEST CITY IN MICHIGAN
- 18TH LARGEST CITY IN THE UNITED STATES
- LOCATED NEAR VARIETY OF RETAILERS AND CLOSE PROXIMITY TO NEIGHBORHOODS
- MINUTES FROM HENRY FORD HOSPITAL DETROIT
- MINUTES FROM NEW CENTER | THRIVING DETROIT DISTRICT
Description
Brand New Construction Dollar General in Detroit, MI.
Detroit MI
Year Built: 2022
Building Size: 12198sq ft
Lot Size: 0.81 acres