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4421 M 99 S
Homer, MI 49245

$634,873 USD

Storefront For Sale  •  9,100 SF

Property Details

  • Property Type Storefront
  • Total Building Size 9,100 SF
  • Building Class B
  • Year Built 2006
  • Tenancy Single
0 Transit Score
26 Walk Score

Highlights

Offered at $634,873, yielding a 9.00% cap rate.
There are ±6.75 years remaining on the lease, including three 5-year options to extend with 10% rental increases.
The tenant has extended the lease two times, showing their success and long-term commitment to this location.
Corporate guarantee from Family Dollar Corporation.
±9,100 SF building situated on a ±1.69-acre parcel with over 175 feet of frontage and excellent visibility.
2007 build-to-suit construction for Family Dollar. The property has a concrete parking lot with 32 spaces and has been kept in good condition.

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Edward Desimone 732-832-5414 Matthews Real Estate Investment Services
Edward Desimone 732-832-5414 Matthews Real Estate Investment Services