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For Sale

TWO NEW NET LEASED DOLLAR TREE STORE DEVELOPMENTS

422 N Saginaw Street
Holly, Michigan 48217

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For Sale

TWO NEW NET LEASED DOLLAR TREE STORE DEVELOPMENTS

422 N Saginaw Street
Holly, Michigan 48217

- Property Information

eCODE 602
County: Oakland
Property Type: Retail
Total Building SF: ± 9,550 SF
Occupancy Rate: 100%
Sale Price: $1,432,000
Sale Price Per SF: $149.95

- Property Details

Year Built: 2017
# Acres: 1.094
Parking Type: Surface

- Additional Information

  • Brand new Michigan Dollar Tree store property
  • Currently under construction (Est. November 1, 2017)
  • New 10 year corporate lease + multiple renewal options with escalations
  • Dollar Tree Stores, Inc. (Nasdaq: DLTR) / BB+credit rating / 20.72 Billion in sales (2016)
  • NN lease with minimal landlord responsibilities
  • Located along downtown Holly’s main retail corridor
  • Nearby retailers include CVS, Hungry Howie’s, Goodwill, Wendy’s, Snap Fitness, Autozone, the US Post Office, and many more
  • Very strong demographics & traffic counts
  • In-Place NOI: $100,275
  • Asking price: $1,432,000

- For more information, contact:

Steven Silverman

248.324.2000 Request a call