Jackson, MI
Price: $1,657,258
Cap Rate: 6.20%
Status: UNDER CONTRACT
Dollar General
1052 Cooper Street | Jackson, MI 49202
Blue West Capital is pleased to exclusively offer for sale a Dollar General located in Jackson, MI. This property offers a lease that is absolute triple net with zero landlord responsibilities.
Positioned approximately one-half mile south of Interstate 94, this property is located within a densely populated area with over 51,000 people living within three miles. Dollar General is an investment grade rated tenant (S&P: BBB) and is the leading dollar store retailer with a $52 billion market capitalization.
- Located within the Jackson MSA which has a population of 160,000 people
- 3% rental increase on November 1, 2022 and 10% increases in each option
- Upgraded high-end construction
- Located along Cooper Street which has traffic counts of 14,000 VPD
OFFERING SUMMARY
Price: $1,657,258
Cap Rate: 6.20%
Building Size: 9,002 SF
Lot Size: .74 Acres
INVESTMENT CONTACT
ZACH WRIGHT
Director
Net Lease Investment Sales
720.966.1628
Zach@BlueWestCapital.com
BRANDON WRIGHT
Analyst
Investment Sales
720.828.7457
Brandon.Wright@BlueWestCapital.com