Map of Property

395 E South Ave

For Sale

395 E South Ave, Hesperia, MI 49421

This Hesperia property for sale is located at 395 E South Ave. The current listed sale price for 395 E South Ave is $779,310.23. 395 E South Ave is situated on a lot that is 1.04 acre in size.

Contacts

broker
Alexa Venezia

P.A. Commercial

Property Details

  • Property Type Retail - Freestanding
  • Property Size 9,014 SF
  • Lot Size 1.04 Acre
  • Parking Spaces Avail. 35
  • Property Tenancy Single Tenant
  • Year Built 2005
  • Date Updated Jun 16, 2025
This portfolio of seven (7) Dollar General stores is strategically located throughout rural and suburban markets in Michigan, primarily within Newaygo County, part of the West Michigan region. These locations benefit from stable, low-competition trade areas, providing consistent customer traffic and strong tenant performance. The representative store highlighted in this listing is situated in Hesperia, MI (ZIP 49421), a suburban community with strong local demographics and growing household populations. The site features excellent visibility and accessibility, positioned along M-20 and major local corridors with daily traffic counts exceeding 4,667 vehicles. These markets support Dollar General’s core customer base with median household incomes around $48,000, limited retail alternatives, and above-average population growth projections through 2029. The area is served by the Grand Rapids–Kalamazoo–Battle Creek DMA, ensuring regional stability and long-term retail demand.This freestanding Dollar General store is part of a 7-property NN+ leased portfolio and is located in Newaygo County, MI. The 9,014 SF building sits on a 1.04-acre lot with 35 surface parking spaces and sees over 4,667 VPD. The property is 100% leased to Dollar General under a corporate-guaranteed NN+ lease with minimal landlord responsibilities and 4–5 years remaining on the term. With a low vacancy submarket, above-average household income, and stable retail demand, this property offers investors long-term income stability in a strategic West Michigan location.
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Highlights

  • Attractive Cap Rate with stable NOI and strong rent performance
  • Freestanding 9,014 SF building on a 1.04-acre lot with 35 surface parking spaces
  • NN+ Corporate Lease with 4–5 years remaining and minimal landlord responsibilities
  • Part of a 7-building Dollar General Portfolio
  • Strategic West Michigan Location near high-traffic M-20 corridor (4,667+ VPD)

Getting around

  • 32/100

    Walk Score ®

  • 37/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Hesperia, MI
  • Zip Code 49421

Points of Interest

  • Mobil

    0.38 miles

  • Wesco

    0.45 miles

  • Sunoco

    0.57 miles

  • Meijer Gas Station

    7.45 miles

  • Murphy USA

    7.53 miles

  • BP

    7.88 miles

  • Speedway

    7.94 miles

  • Marathon

    8.04 miles

  • Busch Oil

    8.04 miles

  • Horseshoe Motorcycle Trailhead

    5.86 miles

  • M-20 Motorsport Trailhead

    9.25 miles

  • Angelo's & Riccardo's

    0.40 miles

  • Subway

    0.44 miles

  • Moon Dance Cafe

    7.52 miles

  • El Burrito Feliz

    7.69 miles

  • Arby's

    7.74 miles

  • Taco Bell

    7.74 miles

  • Burger King

    7.75 miles

  • McDonald's

    7.76 miles

  • Spanky's Pizza

    7.87 miles

  • The Blind Squirrel Tavern

    8.27 miles

  • Meijer

    7.32 miles

  • Walmart Supercenter

    7.41 miles

  • ALDI

    7.47 miles

  • Bill's Shop N Save

    7.89 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Alexa Venezia

P.A. Commercial

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.