307-321 E Main St - Freestanding FOR SALE


Carson City, MI 48811
$1,132,810 USD
332-345-4222
307-321 E Main St, Carson City, MI for Sale
$1,132,810 USD
Freestanding - FOR SALE
1/2
null | 10% Cap Rate

307-321 E Main St
Carson City, MI 48811


HIGHLIGHTS

  • Original 15-Year - Absolute Triple Net (NNN) Lease
  • Approximately 7.8 Years Remaining
  • Ten Percent (10%) Rental Increase in July 2026

OVERVIEW

NNN Pro Group is pleased to present the exclusive listing for Family Dollar located at 321 East Main St, Carson City, Michigan. The site consists of roughly 8,320 rentable square feet of building space on estimated 0.48-acre parcel of land. This Family Dollar is subject to a 15-year absolute triple-net (NNN) lease, which commenced October 11, 2016. The current annual rent is $113,281 and is scheduled to increase by 10% in June 2026 and in each of the 6, 5-year renewal options.

FOR SALE DETAILS

PRICE

$1,132,810 USD

PRICE/SF

$136 USD /SF

CAP RATE

10%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Family Dollar

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2016

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.8 AC

LAND SF

34,848 SF

ZONING

Commercial

APN/PARCEL ID

051-600-032-00,051-600-034-00,051-600-035-00

ASK ABOUT THIS PROPERTY

Glen KunofskyNNN Pro GroupMore Info
332-345-4222

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Glen KunofskyNNN Pro GroupMore Info
332-345-4222

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.