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2400 W Cadillac Dr Farwell, MI 48622

For Sale
$699,000

9,014 SF Dollar General in Surrey Township on 1.44 acres.

Lot size:
1.44 Acres

Property Features for 2400 W Cadillac Dr

General Information

Lot size
1.44 Acres

Building Details

Year built
2005

Source: NAI Wisinski of West Michigan Agent Jodi K Milks

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


Overview

Operating Dollar General Investment Opportunity

This is an investment opportunity featuring a 9,014 square foot operating Dollar General store located in Surrey Township on a 1.44-acre lot. The property is zoned C-1 Commercial. Dollar General has been operating at this location since 2005 and recently exercised a 5-year option, with the lease now expiring on September 30, 2030. The tenant, Dolgencorp, LLC (Dollar General), a wholly-owned subsidiary of Dollar General Corporation, has three additional 5-year options available. The lease is corporately guaranteed by Dollar General Corporation, which is the nation's largest small-box discount retailer with over 19,400 locations across 48 states and Mexico.
Insight Report Location Intelligence

Current Use by Public Records

Grocery and convenience stores

Suggested Use

Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Daycare Center Pharmacy

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Farwell
County
Wayne
State
Michigan
Longitude
-84.8818
Latitude
43.827

FAQs

What type of property is this?
Grocery and convenience store - 9,014 SF Dollar General in Surrey Township on 1.44 acres.
Where is this grocery and convenience store located?
The property is located at 2400 W Cadillac Dr Farwell, MI.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: - Long-term lease with Dollar General expiring September 30, 2030, plus three 5-year options.; - Corporate guarantee from Dollar General Corporation (NYSE: DG).; - Property is fully leased to Dolgencorp, LLC (Dollar General).
More about this property
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