6067 Jennings Rd Local commercial 778 m² À vendre Lake City, MI 49651 352 435 € (452,97 €/m²) Taux de capitalisation 10 %

Certaines informations ont été traduites automatiquement.

INFORMATIONS PRINCIPALES SUR L'INVESTISSEMENT

  • Freestanding 8,125 SF building on a 0.75-acre lot with 40 surface parking spaces
  • Attractive Cap Rate with stable NOI and strong rent performance
  • Part of a 7-building Dollar General Portfolio
  • NN+ Corporate Lease with 4–5 years remaining and minimal landlord responsibilities
  • Strategic Mid-Michigan Location w/ daily traffic counts of 10,000 VPD

RÉSUMÉ ANALYTIQUE

This freestanding Dollar General store is part of a 7-property NN+ leased portfolio and is located in suburban Missaukee County, MI. The 8,125 SF building sits on a 0.75-acre lot with 40 surface parking spaces and 54 feet of frontage on W Jennings Rd, offering strong visibility, which sees over 10,000 vehicles per day. The
property is 100% leased to Dollar General under a corporate-guaranteed NN+ lease with minimal landlord responsibilities and 4–5 years remaining on the term.
With a low vacancy submarket, above-average household income, and stable retail demand, this property offers investors long-term income stability in a
strategic Mid-Michigan location.
This Dollar General store is strategically positioned in Lake City, MI—a rural community in Missaukee County—within the Cadillac, MI CBSA and the Traverse
City-Cadillac DMA. The site offers excellent visibility with 54 feet of frontage on S Morey Road and convenient access via a dedicated curb cut. Surrounded by a
mix of residential neighborhoods and local businesses, the property benefits from a daily traffic volume of over 10,000 vehicles on nearby S Morey Rd and M-55/M66. The area demonstrates stable demographics with modest population and household growth projected through 2029. With a Walk Score of 9, this car dependent area caters well to Dollar General's value-oriented customer base,
making it a reliable long-term retail location.

INFORMATIONS SUR L’IMMEUBLE

Type de vente
Investissement
Type de bien
Local commercial
Sous-type de bien
Immeuble de commerce
Surface de l’immeuble
778 m²
Classe d’immeuble
C
Année de construction/rénovation
1976/2004
Prix
352 435 €
Prix par m²
452,97 €
Taux de capitalisation
10 %
RNE
35 244 €
Occupation
Mono
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,26
Surface du lot
0,30 ha
Zonage
Commercial
Stationnement
40 places (51,41 places par 1 000 m² loué)
Façade
16 m sur S Morey Rd

CARACTÉRISTIQUES

  • Enseigne sur pylône

TAXES FONCIÈRES

  • ID de l’annonce: 36270937

  • Date de mise sur le marché: 16/06/2025

  • Dernière mise à jour:

  • Adresse: 6067 Jennings Rd, Lake City, MI 49651