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26058 W 6 Mile Rd, Redford, MI, 48240

Dollar Tree

$1,408,704

Key Information

Cap Rate
8.15%
Tot. SF
13,428
Lot Size
1.95 Acres
Year Built
2016
Type
Retail
NOI
$114,809

Highlights

• 2016 retrofit for Dollar Tree
• Premium all-brick construction building with no metal sides
• Brand new roof in 2023 which is accompanied by a 15-year roof warranty
• Corporately guaranteed lease
• Three, 5-Year renewal options all of which include a $.50/SF rent increase
• 5-Mile population of ±277,109 residents
• 10-Mile population of ±1,183,183 residents
• Average household income of $89,957 annually within 5-Mile radius
• Traffic counts at the corner of 6 Mile Rd and Beech Daly exceed ±34,300 vehicles daily combined
• Investment Grade Credit Tenant – S&P Rated BBB

Photos

Location

Agents

Broker of Record

Matt Fitzgerald

License # 6502432668, 6505432273 (MI)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203