CVS (Subleased to Dollar General)

Flint, MI

Bldg Size: 10,880 sq. ft. Land: 1.23 Acres Lease Type: Single Tenant NNN

Price: $2,213,150 Yield: 10.25 (CAP) Expiration Date: 11/30/2017

• 8 years remaining on an absolute triple net 20 year lease to CVS
• Property is currently subleased to and 100% occupied by Dollar General
• Hard corner at the intersection of North Dort Highway (20,345 VPD) and Davidson Road (Flint St.) (17,145 VPD).
• The property has a large pylon sign and high visibility, as well as multiple means of ingress and egress
• Walgreen’s, KFC & Citgo are located at the same intersection
• Dunham’s Sports, JCPenney, Staples, Jo-Ann Fabrics, Lowe’s, Home Depot and Target are approximately 1.5 miles to the South East.
• GM-Buick Motor Division Headquarter, University of Michigan: Flint, Mott Community College, and AC Delphi are also in the area.

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