Skip to content
Homepage
  • Market
    • Illinois
    • Illinois
    • Indiana
    • Iowa
    • Kansas
    • Kentucky
    • Michigan
    • Midwest
    • Minnesota
    • Missouri
    • N Dakota
    • National
    • Nebraska
    • Ohio
    • S Dakota
    • Tennessee
    • Texas
    • Wisconsin
  • Events
  • Sector
    • CRE
    • Finance
    • Healthcare
    • Hospitality
    • Industrial
    • Legal
    • Multifamily
    • Net Lease
    • Office
    • Retail
    • section
    • Seniors Housing
    • Student Housing
  • Real Estate Awards
  • Subscribe
  • Publications
MichiganNet LeaseRetail

Boulder Group closes sale of Dollar General in Michigan

June 16, 2020
Share on Facebook Share on Twitter Share on LinkedIn Share via email

The Boulder Group completed the sale of a single-tenant Dollar General at 4531 Lansing Road in Bancroft, Michigan, for $1.325 million.

The recently built 9,100-square-foot property is located just off Interstate-69, which connects Bancroft to Lansing and Flint. Bancroft is located about 25 miles east of Michigan State University. More than 51,000 people live within 10 miles of the property.

Randy Blankstein and Jimmy Goodman of The Boulder Group represented the seller, a Midwest-based developer. The buyer was a private investor from Michigan.

There are 15 years remaining on the Dollar General lease. The lease features 10 percent rental escalations in each of the four five-year renewal option periods.

Tags
BancroftJimmy GoodmanMichigannet leaseRandy BlanksteinThe Boulder Group
" "

Subscribe

Subscribe to our email list to read all news first.

Subscribe
Related Articles
TexasOffice

Partners Real Estate arranges lease with Texas Chiller Systems in San Antonio

March 30, 2023
IllinoisIndustrial

Brown Commercial Group negotiates 48,171 square feet of industrial sales transactions

March 30, 2023
TexasCRE

StreetLights Residential announces new CFO and two senior leadership promotions

March 30, 2023
IllinoisOffice

CBRE arranges HQ lease for Chicago Red Stars soccer club

March 30, 2023

Subscribe

Subscribe to our email list to read all news first.

Subscribe
REJournals logo

Market

  • Illinois
  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Michigan
  • Midwest
  • Minnesota
  • Missouri
  • N Dakota
  • National
  • Nebraska
  • Ohio
  • S Dakota
  • Tennessee
  • Texas
  • Wisconsin

Sector

  • CRE
  • Finance
  • Healthcare
  • Hospitality
  • Industrial
  • Legal
  • Multifamily
  • Net Lease
  • Office
  • Retail
  • section
  • Seniors Housing
  • Student Housing

Subscribe

Subscribe to our email list to read all news first.

Subscribe
  • Contact Us
  • Events
  • Office Locations
  • Advertise
© 2023 REjournals.com