Family Dollar

610 US-23, Harrisville, Michigan, 48740

Details

For sale to qualified investors is an opportunity in the single tenant, NN+ leased Family Dollar (Nasdaq: DLTR) located at 610 US-23 in Harrisville, Michigan. Family Dollar has occupied the property since 2005 and recently showed their long-term commitment to this site by adding 9 years to the current lease term, giving them 8 years of corporately-guaranteed term remaining. The purchaser of this property will benefit from a unique and advantageous lease structure, which requires Family Dollar to be responsible for HVAC repairs, maintenance and replacement, parking lot maintenance and property landscaping, parking lot striping and cleaning, and parking lot patching up to $1,000 per year. Due to Family Dollar’s tenant obligations set forth in this lease, this particular Family Dollar investment is more hands-off than most on the market today. Family Dollar serves as the primary retailer to this community along with its frequent vacation travelers. This investment offers the purchaser the ability to acquire a property with a solid tenant history, commitment to the future, and with relatively few owner obligations.

Location