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980 University Drive, Pontiac, MI 48342

$88+/SF

Commercial property for sale

Added: 01/30/2012
Last Update: 06/20/2013
980 University Drive Pontiac, MI 48342 US
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Contact info

  • 248-359-9000 [Office] 

Description

Dollar General is tenant with ten year primary lease term with three (five year) options. There is eight years left on the lease as of April 2012. The Dollar General Corportaion has a guarantee for years 1-10 at $6.20 NNN average lease for primary term. Complete renovation of building in 1992. New HVAC units put in 2009 and a new roof in the late 1990's. Building price details: $1,200,000.

Property Details

  • Building Name:Dollar General
  • Type: Retail
  • Use Types:Free-Standing Building
  • Status: Available
  • Year Built: 1960
  • Year Renovated: 2009
  • MSA: Detroit-Warren-Livonia
  • Buildings: 1
  • Tenancy: Single Tenant
  • ConstructionSteel Frame

Exterior Features

  • Parking Type: Surface

Terms

  • Cash to Seller 

Agent

Randall S. Thomas
248-359-9000 [Office]

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