Dollar General

3431 Joy Road Detroit, MI 48206

FOR SALE
Property Type:
Free Standing Building
Amount:
$1,691,000
Last Verified:
Sep 21, 2022

Highlights

  • DOLLAR GENERAL | BRAND NEW 10-YEAR NET LEASE
  • MINIMAL LANDLORD RESPONSIBILIITES | ROOF/STRUCTURE
  • BRAND NEW 2022 BUILD-TO-SUIT CONSTRUCTION
  • CORPORATE GUARANTEE | 18,200+ LOCATIONS | $4.4B REVENUE
  • FEE SIMPLE ASSET | OFFERED FREE & CLEAR
  • RENT INCREASES EVERY 5 YEARS IN BASE AND OPTION TERMS
  • WELL BELOW MARKET RENTS AT $7.26 PSF
  • SITUATED ON NEARLY 0.81 ACRES | 12,800-SQUARE FEET
  • HIGH VISIBILITY ON JOY ROAD | 10,000+ VPD
  • LOCATED 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 IN A DENSE RETAIL CORRIDOR W/ NATIONAL TENANTS
  • 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

Map of 3431 Joy Road, Detroit, MI, 48206

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Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

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