3607 68th St SE Caledonia, MI 49316
NNN leased Dollar General near Grand Rapids and Amazon facilities.
Type:Retail
Property size:
9,301 SFLot size:
1.83 Acres- Added:
- May 27, 2024
- Days on Market:
- 695
- Last Refresh:
- Mar 17 at 1:25 pm
Property Features for 3607 68th St SE
General Information
- Standard status
- Active
- Size
- 9,301 SF
- Lot size
- 1.83 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 2013
Listing agent Deno Bistolarides License #6502378067
Listing office Encore Real Estate Investment Services
Listing date May 27, 2024
Source Crexi
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 Encore Real Estate Investment Services
Overview
Dollar General NNN Lease Property
This property, built to suit Dollar General specifications in 2013, features an absolute NNN lease, meaning zero landlord responsibilities. The 9,301 square foot building is situated on 1.83 acres and has over 4 years remaining on the lease, with five 5-year renewal options, each including rent increases. The lease is guaranteed by Dollar General, which holds a "BBB" rating from Standard & Poor's. Located in Caledonia, a growing suburban market 20 minutes from downtown Grand Rapids, the area is experiencing strong retail, residential, and industrial growth. The property is located on 68th Street, a major retail area, near residential developments and Gerald Ford International Airport. It is also positioned approximately 1 mile from a large Amazon Fulfillment Center and Sort Center employing nearly 3,000 people. The surrounding area contains 7.1 million square feet of industrial and distribution space within a 5-minute drive, including major facilities such as Steelcase Manufacturing, Coca Cola Distribution Center, and several Amazon facilities.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
FedEx OnSite
Postal Service
Dollar General
Discount Store
Western Union
Bank
Location Insight
- Map
- Local Demand
- City
- Caledonia
- County
- Kent
- State
- Michigan
- Longitude
- -85.574844
- Latitude
- 42.841415
Nearby Similar for Sale
FAQs
What type of property is this?
NNN property - NNN leased Dollar General near Grand Rapids and Amazon facilities.
Where is this nnn property located?
The property is located at 3607 68th St SE Caledonia, MI.
What is the asking price?
The asking price for this property is $1,355,785.
What are key features of this property?
This property features: Absolute NNN Lease: Zero landlord responsibilities.; Lease guaranteed by Dollar General (rated "BBB" by Standard & Poor's).; Located 1 mile from a large Amazon Fulfillment Center and Sort Center employing nearly 3,000 people.
