Dollar General – Fowlerville, MI

February 22, 2024

Henry Street Capital has arranged $865,000 in term debt to finance the sale of a newly constructed single tenant building in Fowlerville, MI.  The tenant, Dollar General, recently executed a new 15-year lease.  Kevin Sellers arranged the financing on behalf of the buyer, a private investor in Arizona.  The interest rate is fixed for 7 years @ 7.20% with 10-year loan term on a 30-year amortization schedule.  Financing was secured through the national single tenant lending division of a Midwest based commercial bank.