Five-Store Absolute Net
For Sale
$1,098,000
1002 Estey Rd, Beaverton, MI 48612
Five corporately guaranteed stores carry absolute-net leases with an average 5.5 years remaining.
Property Size9,100 SF
Price / SF$120.66
Days on Market47
Property Features for 1002 Estey Rd
General Information
Standard status
Active
Size
9,100 SF
Property subtype
Discount
Lease Type
Absolute Net
Amenities
Five Midwest Dollar Generals Offered as a Portfolio. Built-to-Suit in 2016-2017 with Average of 5.5 Years Remaining on Original 15 Year Leases
Absolute Net Lease Through November 2031 - No Landlord Responsibilities
Corporate Guarantee: 20,000 Locations and Growing
10 Percent Rent Increases in Each Option
Building Details
Building Size
9,100 SF
Listing Agency:
Marcus & Millichap - Detroit
(262) 364-1924
Listed By:
Jeff R. Rowlett · License #License(s): WI: 74743-94, IL: 471.016866
(262) 364-1924
Source:
Marcusmillichap
Added: Jul 15
Changed: Aug 29
Last Checked: Aug 29 at 10:34PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Detroit
Investment Insights
Based on property information with market context.
This five-property retail portfolio comprises Dollar General stores in Roby, Missouri; Bark River, Michigan; Beaverton, Michigan; Grey Eagle, Minnesota; and Motley, Minnesota. Each location was developed specifically for Dollar General occupancy during 2016–2017, creating a consistent portfolio of purpose-built retail facilities.
The leases are structured on an absolute-net basis and carry corporate guarantees. Average remaining lease term across the portfolio is 5.5 years. The properties are offered together as a multi-state NNN investment comprising five operating store locations.
The leases are structured on an absolute-net basis and carry corporate guarantees. Average remaining lease term across the portfolio is 5.5 years. The properties are offered together as a multi-state NNN investment comprising five operating store locations.
Key Highlights
- Five Dollar General stores located across Missouri, Michigan, and Minnesota
- Built‑to‑suit development completed during 2016–2017
- Absolute‑net lease structure across all five properties
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
37
Businesses Nearby
4k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Dollar General
Shops & Services
4,269 visits/mo
0.1 miles
Demographics for 48612, MI
9,135
Population
5,375
Households
1.7
Avg Household Size
50
Median Age
17%
College-Educated
91%
High-School Grad
124.9 sq mi
ZIP Area
73
Density / Sq Mi
$55,445
Median Household Income
$37,027
Median Earnings
$694
Median Rent
$156,700
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Five corporately guaranteed stores carry absolute-net leases with an average 5.5 years remaining.
Where is this nnn property located?
The property is located at 1002 Estey Rd Beaverton, MI.
What is the asking price?
The asking price for this property is $1,098,000.
What are key features of this property?
This property features: Five Dollar General stores located across Missouri, Michigan, and Minnesota; Built‑to‑suit development completed during 2016–2017; Absolute‑net lease structure across all five properties
