Active
Sale
Retail
ID 6ed1242b
Family Dollar
1810 Maplewood Ave, Flint, MI 48506
For Sale
$1,090,909$97.58/SF
- Building Size
- 11,180 SF
- Lot Size
- 1.265 ac
- County
- Genesee
- Listed
- 03/30/2026
- Updated
- 08/11/2026
Overview
- 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
- 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
- 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
- Double Net (NN) Lease Structure - Tenant reimburses taxes, insurance, and CAM, providing stable income with limited landlord exposure
- Minimal Landlord Responsibilities - Landlord responsibility limited primarily to structure and roof, with tenant handling day-to-day operations and maintenance
- Low Rent Basis - Below-market rent enhances long-term sustainability and reduces risk of tenant default or vacancy
- 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
- Long-Term Upside with Options - Lease features six (6) five-year renewal options, providing potential for extended cash flow and long-term hold strategy
- Established Location in Flint, MI - Positioned on Maplewood Avenue with accessibility to surrounding residential neighborhoods, supporting consistent foot traffic
Additional Information
- City
- Flint
- State
- MI
- Zip Code
- 48506
- Zoning
- D-3
- Parcel APN
- 41-08-202-030
- Listing ID
- 6ed1242b
- City
- Flint
- State
- MI
- Zip Code
- 48506
- Zoning
- D-3
- Parcel APN
- 41-08-202-030
- Listing ID
- 6ed1242b