Contacts
Encore Real Estate Investment Services
Property Details
- Property Type Retail - Freestanding
- Property Size 11,180 SF
- Lot Size 1.24 Acre
- Property Tenancy Single Tenant
- Year Built 1997
- Date Updated Jun 17, 2026
Reach out to the broker for more info on lease terms and amenities
Highlights
- Corporate Guaranteed Lease - Backed by Family Dollar, a nationally recognized discount retailer and subsidiary of Dollar Tree, Inc. (NASDAQ: DLTR), operating over 8,000+ locations nationwide
- Double Net (NN) Lease Structure - Tenant reimburses taxes, insurance, and CAM, providing stable income with limited landlord exposure
- Established Location in Flint, MI - Positioned on Maplewood Avenue with accessibility to surrounding residential neighborhoods, supporting consistent foot traffic
- Long-Term Upside with Options - Lease features six (6) five-year renewal options, providing potential for extended cash flow and long-term hold strategy
- Low Rent Basis - Below-market rent enhances long-term sustainability and reduces risk of tenant default or vacancy
- Minimal Landlord Responsibilities - Landlord responsibility limited primarily to structure and roof, with tenant handling day-to-day operations and maintenance
- Proven Tenant with Strong Credit Profile - Family Dollar serves a necessity-based customer segment, offering essential goods at affordable price points, making it resilient across economic cycles
- Strong Demographics Supporting Discount Retail - Dense surrounding population with solid household counts and income levels that align well with Family Dollar’s core customer base and business model
- Successful Backfill of Former Drugstore - Property was previously occupied by a national drugstore and was quickly backfilled by Family Dollar, demonstrating strong real estate fundamentals and tenant demand
Getting around
-
55/100
Walk Score ®
-
30/100
Transit Score ®
-
54/100
Bike Score ®
Location
- City Flint, MI
- Zip Code 48506
- Market Detroit
Points of Interest
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Flint
1.34 miles
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Marathon
0.17 miles
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Citgo
0.40 miles
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Sunoco
0.48 miles
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Admiral Petroleum
0.61 miles
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Speedway
0.87 miles
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BP
1.06 miles
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ChargePoint
7.34 miles
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Tesla Supercharger
9.50 miles
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Faculty/Staff Parking Lot
1.36 miles
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Parking Lot A
1.44 miles
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Mill Street Parking Deck
1.45 miles
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William S. White Building Parking Lot
1.60 miles
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UM Flint Harrison Street Parking Lot
1.69 miles
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Northbank Center Parking Deck
1.71 miles
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University Pavilion Parking Deck
1.73 miles
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City/Public Parking Lot
1.76 miles
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Riverfront Parking Deck
1.86 miles
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Kettering Mobility Research Center
2.75 miles
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Luigi's
0.07 miles
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Young Sing Chinese Restaurant
0.20 miles
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Maude's Alabama Barbeque
0.31 miles
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Rally's
0.44 miles
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Little Caesars
0.68 miles
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YaYa's
0.90 miles
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Opa Bar & Grill
0.93 miles
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Cocina Mia
0.95 miles
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Big John Steak & Onion
0.99 miles
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Aldo's Coney Island
1.00 miles
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Fresh Choice Market Place
0.07 miles
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Save-A-Lot
0.47 miles
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Flint Farmers Market
1.60 miles
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ALDI
1.71 miles
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Kroger
1.80 miles
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JCPenney
1.87 miles
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Courtland Center
1.96 miles
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The Grainery
1.99 miles
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TJ Maxx
2.03 miles
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Big Lots
2.04 miles
Encore Real Estate Investment Services