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Dollar General
1202 E Center St, Ithaca, MI
Property Information
Price Summary
$ 903,390
Cap Rate
8.5 %
NOI
$ 76,788
Total Lot Size
0.56 Acres
Building Size
9,014 SF
Property Highlights
- Low Price Point Dollar General in Ithaca, MI
- NN Lease With 4+ Years Remaining on Current Term
- Longstanding Presence With Tenant Exercising the First Extended Term, Demonstrating Commitment to the Location
- 10% Rent Increases in the Option Periods
- Corner Lot Property Along E Center St With 13,000+ Vehicles Passing Daily
- Limited Retail Competition – the Only Dollar Store Within 8 Miles
- Backed by Dollar General’s Corporate Guarantee, an Investment-Grade Retailer Operating Over 20,000 Locations Nationwide
- Dollar General
- 1202 E Center St, Ithaca, MI 48847
Point of Contact
Chance Hales
Partner
Cody Crist
Partner/Director
Eric Kelley
Director
Branson Blackburn
Managing Partner
In cooperation with Brian Brockman at Bang Realty-Michigan, Inc | MI #6502428679 | bor@bangrealty.com | (513) 898-1551
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