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###### Single-Tenant Retail
# Burger King | 15-Year Absolute Net | Across from Walmart
##### 1701 US-2, Devils Lake, ND
## Listing Price: $1,200,000
* **Cap Rate**6.55%
* **Building SF**4,400 SF
* **Price/SF**$272.73
* **Year Built / Renovated**2016
### Investment Highlights
* Absolute Net Burger King | Operated by Dakota Restaurant Partners, Inc. (14 Units | 10 Located in North Dakota)
* 15 Years Lease Term Remaining | (4) 5-Year Options
* Percentage Rent Upside: Annual Base Rent to Equal 7.5% of Sales, in No Event to be Less Than the Previous Year (Percentage Rent Clause Begins on 11/1/2026)
* Strategic Location: the Only Burger King within an 80-Mile Radius (Only 15 Burger Kings in North Dakota) | Limited Competition in the Marketplace | 6 Total Quick-Service Restaurants in the Area
* High Visibility Along US-2 (5,215 VPD) | Arterial Highway Serving Retail Corridor
* Across from Walmart Supercenter | 1.7M Annual Visitors | Next Nearest Walmart is in Grand Forks (85 Miles Away)
* Devils Lake is North Dakota’s Premier Vacation Destination | 160,000-Acre Lake | Hundreds of Miles of Shoreline | Multiple Resorts, Hotels, & Campgrounds | “Perch Capital of the World” | Ranked Top 5 Fishing Lakes in the U.S.
* 5 Miles from Camp Grafton North | 1,000-Acre Military Base | Level III Military Training, Lodging, PX, & Dining Facilities | (Camp Grafton South 45 Miles Away | 9,300 Acres)
Contact For More Info
###### Lead Agent
### 
#### Senior Associate
* 248.415.2634
* Email Darin
Lic: MI 6501384871
#### First Vice President Investments
* 248.415.2605
* Email Seth
Lic: MI 6501373006
#### Senior Vice President Investments
* 248.415.2636
* Email Ashish
Lic: MI 6501322501
### NORTH DAKOTA BROKER OF RECORD: JON RUZICKA | 1601 UTICA AVE S, SUITE 301, MINNEAPOLIS, MN | 952.852.9700 | LIC: ND 10032
#### Navigation
#### Contact
* Two Towne Square, Suite 450
  Southfield, MI 48076
* 248.415.2600
* vhgcre@marcusmillichap.com
Copyright © 2025 VHG CRE - All Rights Reserved.
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# Citizens Bank | Absolute Net | Across From Meijer
##### 23455 Eureka Rd, Taylor, MI
## Listing Price: $1,846,345
* **Cap Rate**7.25%
* **Building SF**4,069 SF
* **Price/SF**$453.76
* **Year Built / Renovated**1995
* Single-Tenant Bank on Absolute Net Lease | 18 Years of Historical Occupancy
* 2% Annual Rent Increases Through Remaining Term & Each of the (3) 5-Year Options
* Corporate Guarantee by Citizens Bank, N.A. | One of the Largest Financial Institutions in the U.S. | S&P: BBB+ / Moody’s: Baa1
* 4 Drive-Thru Lanes | 1 Dedicated ATM Lane | 2024 Deposits: $99.668 Million
* Top Tier Placer.ai Ranking | #92 Nationally (Top 15%) | #3 Location for All Michigan Branches
* Prime Location Off Eureka Road (31,438 VPD) Across from Meijer
* Strong Retail Market: 3.4 Million SF of Retail within a 1-Mile Radius | 96.4% Occupancy Rate
* Large Industrial Area: 28.3 Million SF of Industrial Space within a 5-Mile Radius | 97.1 % Occupancy Rate
### MICHIGAN BROKER OF RECORD: STEVEN R. CHABEN | 2 TOWNE SQUARE, SUITE 450, SOUTHFIELD, MI | 248.415.2600 | LIC: MI 6502387903
# Dollar Tree | New Construction 2024
##### 4148 W Polk Rd, Hart, MI
## Listing Price: $2,083,916
* **Cap Rate**7.15%
* **Building SF**10,000 SF
* **Price/SF**$208.39
* **Year Built / Renovated**2024
* New Construction Dollar Tree | 2024 Build-To-Suit
* “Dollar Tree Stores, Inc.” Lease Entity | Publicly-Traded (NYSE: DLTR / S&P: BBB) | Largest Small Box Discount Retailer in the U.S.
* 10-Year Initial Double-Net Lease Term | (5) Five-Year Options
* Rent Increases: $0.50/SF in Each Option
* High Visibility on W Polk Road (8,636 VPD) | Immediate Access to US-31 (10,286 VPD)
* Positioned Next to Newer Construction AutoZone (Built in 2020) & Adjacent to Tractor Supply
* 7 Miles from Silver Lake State Park | World Famous Sand Dunes & Tourist Attraction
* 21 Miles South of Ludington | 35 Miles North of Muskegon
# Family Dollar | New Construction 2024
##### 5035 E Berry Rd, Pleasant Lake, MI
## Listing Price: $1,612,745
* **Cap Rate**7.65%
* **Building SF**10,500 SF
* **Price/SF**$153.59
* New Construction Family Dollar Store | 2024 Build-To-Suit
* “Family Dollar Stores of Michigan, LLC” Lease Entity | Publicly-Traded (NYSE: DLTR / S&P: BBB) | Largest Small Box Discount Retailer in the U.S.
* High Visibility on E Berry Road Near Corner of Bunkehill Road (9,830 VPD Combined) | Bunkehill Road Provides a Direct Route to Jackson
* Limited Competition: One of Only Two Dollar Stores within Eight Miles
* 9 Miles Northeast of Jackson
* 30 Miles South of Lansing | 35 Miles Northwest of Ann Arbor
# Family Dollar Tree | New Construction 2024
##### 7029 W Mount Morris Rd, Flushing, MI
## Listing Price: $1,681,373
* **Price/SF**$160.13
* New Construction Family Dollar Tree Combination Store Concept | 2024 Build-To-Suit
* Large Corner Lot at W Mt. Morris & Elms Roads | 2 Ingress/Egress Points | Combined 11,679 VPD
* 2.5 Miles from I-75 (73,736 VPD) | Direct Route Via W Mt. Morris Road
* 9 Miles from Flint
* 26 Miles from Saginaw
# Family Dollar Tree | New Construction 2023
##### 500 S Mable St, Pinconning, MI
## Listing Price: $1,671,975
* **Cap Rate**7.85%
* **Price/SF**$159.24
* **Year Built / Renovated**2023
* New Construction Family Dollar Tree Combination Store Concept | 2023 Build-To-Suit
* “Family Dollar Stores, INC.” Lease Entity – Publicly-Traded (NYSE: DLTR / S&P: BBB) | Largest Small Box Discount Retailer in the U.S.
* 10-Year Initial Double-Net Lease Term | (4) 5-Year Options
* Main & Main Location at Signalized Intersection | 2 Ingress/Egress Points | Combined 16,458 VPD
* Pinconning Famously Known as the “Cheese Capital of Michigan” for it’s Local Pinconning Cheese & Cheese Shops
* 2 Miles from Bay County Pinconning Park & Saginaw Bay | Boardwalks, Tails, Beach, Campsites, Cabin & Kayak Rentals
* 20 Miles North of Bay City
##### 470 N Main St, Reading, MI
## Listing Price: $1,571,656
* **Price/SF**$149.68
* 10-Year Initial Double-Net Lease Term | (3) 5-Year Options
* Main Street Location
* One of Only Two Dollar Stores within Six Miles
* 19 Miles Southeast of Coldwater & 45 Miles Southwest of Jackson
# Walgreens
##### 1065 Duluth Hwy, Lawrenceville, GA
## Listing Price: $3,950,000
* **Building SF**13,650 SF
* **Price/SF**$289.38
* **Year Built / Renovated**2004
* Absolute Net Walgreens | Recent 5-Year Extension
* 10 Years Lease Term Remaining | (10) 5-Year Options
* FedEx Pickup / Drop Off Services On-Site
  Beer & Wine Sales | Propane Gas Exchange | PNC ATM
* High Visibility at the Northeast Corner of Duluth Highway & Riverside Parkway (31,200 VPD Combined)
  Quick Access to Highway-316 (98,600 VPD) & I-85 (170,000 VPD)
* Core Retail Market: 13.4 Million SF of Retail within a 5-Mile Radius (96.1% Occupancy Rate)
* Across from Kroger-Anchored River Exchange Shopping Center (263,650 SF)
* 2.8 Miles from Sugarloaf Mills Shopping Mall (1.18M SF)
* Strong Healthcare Market: 2.3 Million SF of Medical Space within a 5-Mile Radius (95.3% Occupancy Rate)
* 1.7 Miles from Northside Hospital Gwinnett (388 Beds | Level II Trauma Center | 1,400 Physicians)
  Only Trauma Center in Northeast Metro Atlanta
  Future 230FT Tower Currently Under Construction (On Track for Completion in 2025 | Adding 300+ Beds, Making it the Largest Facility in the Northside System)
* Demographics: 226,149 Residents & $98,556 Average Household Income within a 5-Mile Radius
  Strong Daytime Population: 246,309
* Projected Population Growth: 3.95% Over the Next 5 Years
* 30 Miles Outside of Downtown Atlanta
### GEORGIA BROKER OF RECORD: JOHN LEONARD | 1100 ABERNATHY RD NE, BLDG 500, STE 600, ATLANTA, GA | 678.808.2700 | LIC: GA 252904