326 Main StEdmore, MI 48829

This exceptional investment opportunity presents a fully renovated 10,483 square foot Family Dollar store situated on a 0.7-acre lot in Edmore, Michigan. The property boasts a strong 6.10% cap rate and is strategically located at 326 E Main St, 48829, within Montcalm County. The building, which underwent a complete renovation in 2023, features a new HVAC system, updated electrical, modern interior finishes, including new restrooms, fresh exterior paint, and a roof covered by a warranty. The property is zoned for commercial use and comprises a single-story building. The current lease with Family Dollar (a Dollar Tree brand) commenced October 1, 2023, and extends for a primary term of 10 years, with three 5-year renewal options. Rent increases are included in the lease options. The lease is a Net-Net-Net (NNN) agreement, with the landlord responsible for roof, structure, and parking lot maintenance. Family Dollar, a highly reputable tenant with a BBB+ credit rating, serves as the lease guarantor, providing significant financial security. This turnkey investment offers a compelling combination of strong tenant occupancy, attractive lease terms, and a recently renovated property, making it an ideal addition to any portfolio. The property's location in Edmore, MI, provides excellent visibility and accessibility. This is a rare opportunity to acquire a high-performing retail asset with significant long-term growth potential.