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For Sale

NNN Dollar General Prescott MI

1958 E. Greenwood Rd,
Prescott, MI 48756

Asset Snapshot

1
Floor Count
100%
Occupancy

Offering Summary

Investment Overview

The SVN Colvin Team is proud to present this Absolute NNN leased Dollar General investment located in beautiful Prescott Michigan. This Absolute NNN lease runs through 7-31-2032. Prescott is located in Eastern Mid-Michigan between the popular lakefront resort areas of Tawas City and Houghton Lake and offers year round activities like boating, golf, hiking, skiing, snowmobiling, wine tasting, craft breweries, antiquing, live music and much more. See why so many real estate investors like to visit their Michigan properties (and write-off their trip costs!). This building was developed by one of the largest Dollar General developers in the Country. In addition to the 15-year lease, Dollar General has five renewal periods of 5 years each. The rent increases by 10% every five years during those renewal periods. A great price point and easy to finance. The SVN Colvin Team specializes in Dollar General Properties and will make your purchase very smooth. This location is part of a portfolio of Six Michigan NNN Leased Dollar Generals. It can be purchased separately or in groupings to fit a 1031 Exchange.


Investment Highlights

  • 15 Year NNN Lease
  • Fortune 500 Tenant
  • Beautiful Resort Town

How it Works

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Listing Syndicated From

Buildout
For Sale
$1,133,320
Asking Price