Description:

KW Commercial is pleased to present a Dollar General Anchored Strip Center located in Battle Creek, MI. The subject property is a two-tenant 12,525 sqaure foot building situated on a 0.81 acre lot. Dollar General, recently extending to October 2028 and Valiant Outfitters (12/2024) are both operating under a NN+ lease with reimbursements for real estate taxes, insurance, parking lot maintenance, and snow removal. Both leases feature minimal landlord responsibilities and risk to expense recapture. Dollar General's lease features 10% rental bumps in each of their remaining 4-5 year options. The property features an attractive credit rated tenant mix, passive investment opportunity at below replacement cost value.
70% of Strip Leased to Fortune 500 Tenant (85% of NOI)
Dollar General Boasts Strong Sales - Recent & Rare 7 Year Extension (10/31/2028)
Attractive Cap Rate
Dollar General has Four-Five Year Options To Renew
Both tenants have long term leases and show commitment to the site
Replaceable/Below Market Rents
Limited Landlord Responsibilities - Roof & Structure
Attractive Demographics - 77,820 within 5 miles
Prime location in Battle Creek, MI ~ 20,000 Vehicles Per Day

Presented by:

David  Yashar

Director

(310) 724-8043

(310) 710-5626

Click here to email

Listed by:

Keller Williams Realty Wichita East

Wichita East