Cap Rate
8%
Tot. SF
13,428
26058 W 6 Mile Rd, Redford, MI, 48240
DOLLAR TREE
$1,300,837
Key Information
Lot Size
1.95 Acres
Year Built
2016
Type
Retail
NOI
$104,067
Highlights
- 2016 retrofit for Dollar Tree
- Dollar Tree just signed an early extension, proving their commitment to the location and market
- 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 which include 16.77% in O1 and $.50/SF in O2&3
- 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
J
Josh BishopLicense # 688810 (TX)
Broker of Record
Matt Fitzgerald
License # 6505432273 (MI)Matthews Real Estate Investment Services, Inc.1600 West End, Ste. 1500 Nashville, TN 37203