Dollar Tree

13901 Metro Pkwy, Sterling Heights, MI
Deal Type:
Net Lease
Price:
$3,427,000
Cap Rate:
11%
Current Rent:
$377,000
Lease Type:
Triple Net
Landlord Responsibilities:
None
Renewal Options:
10, Five-year
Rent Increases:
Flat

Investment Highlights

  • Zero Landlord Responsibilities: Absolute NNN lease structure allowing for passive ownership.
  • Well Positioned: Situated at the intersection of 16 mile Rd and Schoenherr Rd which has a combined traffic count of 112,858 VPD.
  • Long Term Control: The tenant has 50+ years left of control over the site.
  • Excellent Visibility: Nearly 3 acre parcel located at the corner of 16 mile Rd and Schoenherr Rd providing ease of access for its customers.
  • Strong Sublease: Subleased to a quality tenant in Dollar Tree, rated BBB by Standard and Poor’s.

Listing Agents

Connor Shell

Managing Director
407 913 9009
[email protected]

Jordan Koeppel

Senior Vice President
561 789 5504
[email protected]

Bang Realty-Michigan, Inc. | Brian Brockman, License #: 6502428679

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