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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

10600 Rd Burt, MI 48417

9,026 SF 1.28 ac lot
Property ID
Property summary
AI-generated 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
Verified
Property type Retail properties & Spaces
Total area 9,026 SF
Lot 1.28 ac (55,757 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Isalis (Bike/Boat/Book/etc) Store
  • Party City Party Supply Store (Bike/Boat/Book/etc) Store
  • Skunk Funk Big Box & Wholesale Store
  • Carl's Trading Co Hat Shop
  • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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