Dollar General
Parchment, Michigan
Image gallery
Map View
Street View
NNN Pro Group is pleased to present the exclusive listing for a Dollar General located at 530 South Riverview Drive, Parchment, Michigan. The site consists of roughly 9,578 rentable square feet of building space on estimated 1.17-acre parcel of land. This Dollar General is subject to a 15-year absolute triple-net (NNN) lease, which commenced June 14th, 2014. The current annual rent is $104,400 and is scheduled to increase in each of the 5, 5-year renewal options.
About the Investment:
– Long-Term, 15-Year Absolute Triple Net (NNN) Lease
– Approximately 6.1 Years Remaining
– Varied Rental Increases Occurring In Each Option
– Strong Corporate Guarantee
– Five (5), Five (5)-Year Tenant Renewal Options, Bringing the Potential Lease Term to 40 Years
Talk to the pros
Similar Properties
Take 5 Oil Change
3810 Lamar Ave, Parchment, Michigan, 75462
Pizza Hut
1212 Delaware Avenue, Parchment, Michigan, 39648
Popeyes
2505 Hwy 80 West, Parchment, Michigan, 39204
Popeyes
1715 E Tipton Street, Parchment, Michigan, 47274