1308 N Nottawa St Sturgis, MI 49091

Listing agency The Kase Group Show Phone

Listed by Kevin Cordova · License #NM 19145

Source Crexi

Added: Apr 11 Updated: Jul 21 at 3:15AM Checked: Jul 21 at 3:15AM

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Investment Insights

Based on property information with market context.

This sale presents a corporately guaranteed Dollar General retail asset structured with an absolute NNN lease. The lease is new with a 15-year initial term and is described as requiring zero landlord obligations. The tenant also has four, 5-year renewal options, with 10% increases on each renewal period.

The property is located at 1308 N Nottawa St, Sturgis, MI 49091. The public remarks also cite an announced expansion by Heartland RV and Cruiser RV selecting Sturgis for manufacturing facilities and creating 450 new jobs.

The offering is positioned in the provided materials for long-term, passive investment. All lease timing and renewal terms are as stated in the remarks provided with the listing.

Key Highlights

• Dollar General asset with a corporately guaranteed absolute NNN lease in Sturgis, MI
• New 15‑year lease term with zero landlord obligations
• Lease includes four 5‑year renewal options

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FAQs

What type of property is this?

NNN property - Corporately guaranteed Dollar General asset with an absolute NNN lease and a new 15-year term.

Where is this nnn property located?

The property is located at 1308 N Nottawa St Sturgis, MI.

What are key features of this property?

This property features: Dollar General asset with a corporately guaranteed absolute NNN lease in Sturgis, MI; New 15‑year lease term with zero landlord obligations; Lease includes four 5‑year renewal options