Dollar General Anchored Center

Shopping Center for Sale
Catylist Listing ID: 30266258
Property Subtypes: Mixed Use, Neighborhood Center, Other
Building Size (RSF): 29,425 SF
Gross Building Area: See Agent
Gross Land Area: 5 Acres
Sale Price: $1,250,000
Unit Price: $42.48 PSF
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/25/2018

Overview / Comments

Subject site is anchored by Dollar General Stores, a fortune 500 company. The remainder of the center are month to month leases, offering the landlord tremendous upside on securing additional anchor credit tenants to the site.

Freeland is a strategically located bedroom community to Midland and Saginaw, MI. Major Area Employers include: Dow Chemical, General Motors, Nexteer automotive, and Covenant Health Care. The area is also served by MBS (Midland, Saginaw, Bay City) International Airport.

The owner is motivated to make a deal. All offers presented are considered.

Additional Details

Nearest MSA: Saginaw
County: Saginaw
Tax ID/APN: 29133163038000
Property Visibility: Excellent

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 900 9,726 22,627
Median Age: 36.97 36.68 39.66
Households: 387 3,059 8,107
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