10600 Rd, Burt, MI 48417
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.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.