26058 6 Mile Rd Redford Charter Township, MI 48240

This exceptional retail investment opportunity presents a fee-simple 13,428 square foot Dollar Tree store in Redford Charter Township, MI. Built in 2016 with premium all-brick construction and a brand new roof (2023) boasting a 15-year warranty, this property benefits from a 10-year Net Lease (NN+) with a credit-rated, corporate-guaranteed tenant. The lease, commencing July 17, 2016, and expiring July 31, 2026, includes three, five-year renewal options, each with a $0.50 per square foot rent increase. The property boasts a strong 8% cap rate, generating a net operating income (NOI) of $114,809. Situated on a 1.95-acre lot at 26058 Six Mile Rd, 48240, the location enjoys exceptional visibility and high traffic counts exceeding 41,000 vehicles daily. The 5-mile radius boasts an estimated population of 275,746 residents, while the 10-mile radius encompasses approximately 1,164,787 residents, with an average annual household income of approximately $79,883. This is a rare opportunity to acquire a stable, high-performing retail asset with a strong tenant and significant upside potential. The property is 100% occupied and offers a remaining lease term of approximately 1.7 years.