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10600 Rd Burt, MI 48417

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For Sale
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Michigan Retail Property - High ROI

Property size:
9,026 SF

Property Features for 10600 Rd

General Information

Property type
Individual retail properties
Square Feet
9,026 SF
Lot Size
55,757 SF

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Listing Contact
Peter Colvin
Peter Colvin

Listing Agency: SVN | Silveri Company Listing Agent: Peter Colvin

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

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Overview

This exceptional investment opportunity presents a 9,026 square foot Dollar General located at 10600 E Rd, Burt, MI 48417, in Saginaw County. The property sits on a 1.28-acre lot and boasts a strong 6.77% cap rate, generating a net operating income (NOI) of $89,982. Currently operating under a triple-net (NNN) absolute lease with Dollar General, the lease extends until September 30, 2032, offering a remaining term of 7.9 years. Five 5-year renewal options exist, each with a 10% rent increase. The tenant is responsible for all maintenance, repairs, and replacements. The property's asking price is $1,330,000, translating to a price per square foot of $147.35. With 100% occupancy and situated in a popular family-friendly area near major attractions like Frankenmuth and Birch Run Premium Outlets, this investment offers significant potential for long-term growth and stability. A clean Phase 1 Environmental Report and ALTA Survey are available, streamlining the acquisition process for 1031 exchanges or portfolio additions. The property benefits from a large customer base, with over 55,000 people residing within a 10-mile radius. This is a turnkey investment opportunity with a proven tenant and a strong lease structure.
Property Profile Location Intelligence

Current Use by Public Records

Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

Suggested Use

Big Box & Wholesale Store Storage Facility

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

Location Insight

  • Map
  • Local Demand
City
Burt
County
Saginaw
State
Michigan
Longitude
-83.952773643651
Latitude
43.26913385183

FAQs

What type of property is this?
Individual retail property - Michigan Retail Property - High ROI
Where is this individual retail property located?
The property is located at 10600 Rd Burt, MI.
What is the asking price?
The asking price for this property is $1,330,000.
What are key features of this property?
This property features: 9,026 SF Dollar General on 1.28-acre lot in Burt, MI.; Strong 6.77% cap rate, $89,982 NOI.; NNN lease to Dollar General expiring 9/30/2032, with five 5-year renewal options (10% rent increases).
(616) 949-6168 Call to check price and availability
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