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6485 Bluewater Ct Marlette, MI 48453

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For Lease
$1,500,000

Dual concept store in Marlette, Michigan, available for rent.

Building Details

Year built
2023

Source: Kyle Carson Agent Kyle Carson

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Freestanding Family Dollar | Dollar Tree

This 10,500 SF freestanding Family Dollar | Dollar Tree dual concept store is located in Marlette, Michigan. The property is currently under construction with an expected rent start date in November 2023. The lease is a Double Net (NN) Lease, requiring minimal landlord responsibilities, and includes 4 options to renew, each for 5 years, with a $0.50 PSF rental rate increase. The lease is corporately guaranteed by Dollar Tree, which holds a credit rating of “BBB”, classified as Investment Grade. The store is positioned along S Van Dyke, which sees 12,313 cars per day. Within a 10-mile radius, the population is 14,543, and the average household income is $65,107 per year. Marlette is located in Sanilac County, Michigan, and is known for its friendly atmosphere. The city offers local amenities, including schools, parks, and small businesses, and provides access to Michigan's rural landscapes. Historically, Marlette is associated with agriculture and the production of crops. Dual concept stores see a 20% increase in revenue. The lease term is 10 years.
Location Intelligence

Current Use by Public Records

Storefront properties

Map

City
Marlette
County
Sanilac
State
Michigan
Longitude
-83.0258
Latitude
43.3466

FAQs

What type of property is this?
Storefront property - Dual concept store in Marlette, Michigan, available for rent.
Where is this storefront property located?
The property is located at 6485 Bluewater Ct Marlette, MI.
What are key features of this property?
This property features: - Investment Grade Credit Tenant (Dollar Tree, rated BBB) provides financial security.; - Double Net (NN) Lease minimizes landlord responsibilities.; - New 2023 Construction with rent starting November 2023.
More about this property
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