Offering Memorandum
Investment Sale
Dollar Tree
408 W Maumee St
Adrian, Michigan
Adrian, Michigan
eCode:072i
Sales Price
$1,710,000
NOI
$145,500
Cap Rate
8.50%
Lease Expiration
05/31/2034
Building Size
19,833 SF
Lot Size
3.83 AC
Year Built
1961 / Renovated 2023
Zoning
Commercial
Traffic Count
W Maumee St (6,183 CPD)
W Church St (6,872 CPD)
Highlights
- Long Term Lease
- Large 3.83 AC Parcel
- Low Rent PSF
- New Parking Lot, Roof, HVAC, Plumbing & Electrical
- Value-Add Component
| Radius | 1 mile | 3 mile | 5 mile |
| Population Density | 11,490 | 30,763 | 36,254 |
| Household Income | $56,927 | $66,487 | $69,326 |
| Daytime Pop | 3,805 | 13,762 | 15,069 |
SIMILAR PROPERTIES
Multi-Tenant
MICHIGAN, FLORIDA, ILLINOIS, INDIANA,
VIRGINIA, MISSOURI, North Carolina
Unpriced | 662,257 SF
VIRGINIA, MISSOURI, North Carolina
Unpriced | 662,257 SF
Multi-Tenant
1143-1161 Williams Reserve Blvd
Wadsworth, Ohio
$5,119,252 | 45,525 SF
Wadsworth, Ohio
$5,119,252 | 45,525 SF
