Dollar General — Sale in Bessemer, MI

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Bessemer, MI 49911

Investment Figures

Cap rate
7.50%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

New Build in 2020 | 10.67 Years Remaining on an Absolute NNN Lease – No Landlord Responsibilities | 10 Percent Rental Increases in Each Five 5-Year Option | Metal Roof Corporate Guarantee| Dollar General (NYSE: DG) Has Over 20,500 Locations in 48 States | Investment Grade Tenant | BBB Rating by S&P Tenant Recently Completed an Interior Remodel, Showing Commitment to Site Resort Town Dollar General – Near Black River Ski Resort, Snowriver Mountain Resort, Big Powderhorn Mountain and Blackjack Ski Area Location Benefits from Year-Round Visitors to Nearby Recreational Areas Such as Ottawa National Forest, Lake Superior, Bluff Valley Park, Black River Falls, and the Iron Belle Trail and Others Property is Located Near Residential Areas and Local Area Retail Establishments | Five Miles from Indianhead Valley Condos Excellent Visibility from Highly Trafficked US Hwy 2, the Longest Highway in the Upper Peninsula | Connects Ironwood and Wakefield, MI Investment Highlights: • New Build in 2020 | 10.67 Years Remaining on an Absolute NNN Lease – No Landlord Responsibilities | 10 Percent Rental Increases in Each Five 5-Year Option | Metal Roof • Corporate Guarantee| Dollar General (NYSE: DG) Has Over 20,500 Locations in 48 States | Investment Grade Tenant | BBB Rating by S&P • Resort Town Dollar General – Near Black River Ski Resort, Snowriver Mountain Resort, Big Powderhorn Mountain and Blackjack Ski Area

Market Context

This retail in Bessemer, MI is listed for sale. It is offered at an approximate 7.5% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 100 days. Compare it against other retail listings for sale in Bessemer, MI — view the full market.

Contact

Explore this market

Similar Retail Business for Sale in Bessemer, MI