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Family Dollar

Carson City, Michigan

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NNN Pro Group is pleased to present the exclusive listing for Family Dollar located at 321 East Main St, Carson City, Michigan. The site consists of roughly 8,320 rentable square feet of building space on estimated 0.48-acre parcel of land. This Family Dollar is subject to a 15-year absolute triple-net (NNN) lease, which commenced October 11, 2016. The current annual rent is $113,281 and is scheduled to increase by 10% in June 2026 and in each of the 6, 5-year renewal options.

 Original 15-Year – Absolute Triple Net (NNN) Lease
 Approximately 7.8 Years Remaining
 Ten Percent (10%) Rental Increase in July 2026
 Six (6), Five (5)-Year Tenant Renewal Options

Key Details

Price:
$1,443,071
Cap Rate:
7.85%
Annual Rent:
$110,092
Address:
321 E Main St, Carson City, Michigan 48811
Lease Type:
Triple Net (NNN)

Original Lease Term:
15 Years
Lease Commencement:
October 11, 2016
Lease Expiration:
June 30th, 2031
Lease Term Remaining:
7 Years
Lot Size:
.48 Acres
Building Size:
8,320 SF
Year Built:
2016
Tenant:
Family Dollar

Talk to the pros

Glen Kunofsky

License: 49KU1129178

Christopher Urban

License: 10401294011

Broker of record

Brian Brockman

Bang Realty-Michigan Inc.

License: 6502428679


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