Dollar General

3431 Joy Road Detroit, MI 48206

FOR SALE
Property Type:
Free Standing Building
Amount:
$1,462,222
Last Verified:
Jan 05, 2023

Highlights

  • 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

Map of 3431 Joy Road, Detroit, MI, 48206

Presented by:
The Jonna Group

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Simon Jonna


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