Dollar General Retail Center

614 N Main St Olivet, MI 49076

614 N Main St, Olivet, MI, 49076
614 N Main St, Olivet, MI, 49076
FOR SALE
Property Type:
Street Retail
Amount:
$960,454
Last Verified:
Nov 02, 2024

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Highlights

  • Dollar General is Investment Credit | BBB Credit Rating
  • Dollar General has Occupied this Site Since 2009 | Recently Exercised their First Option Showing Strong Commitment to This Site
  • No Rent Concession or Tenant Improvement Dollars were Granted to the Tenant for Option Renewal
  • Low Rent PSF of $4.97
  • Price Well Below Replacement Cost

Description

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Year Built: 1970
Building Size: 17890sq ft
Lot Size: 1.66 acres

Map of 614 N Main St, Olivet, MI, 49076

What are Real Estate Incentives?

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."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.