Map of Property

NN+ Leased 7-Building Dollar General Portfolio

For Sale

Multiple Addresses, Multiple Cities, MI 00000

This Multiple Cities property for sale is located at Multiple Addresses. The current listed sale price for NN+ Leased 7-Building Dollar General Portfolio is $5,025,319. NN+ Leased 7-Building Dollar General Portfolio is situated on a lot that is 6.82 acre in size.

Contacts

broker
Alexa Venezia

P.A. Commercial

Property Details

  • Property Type Retail - Freestanding
  • Property Size 59,542 SF
  • Lot Size 6.82 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 2004
  • Date Updated Apr 22, 2025
This portfolio of seven Dollar General buildings are strategically positioned across established rural and suburban communities in Michigan, offering a diversified footprint. These sites serve as essential retail hubs in areas where Dollar General often operates as the primary general merchandise provider. Each store is located in underserved trade areas with limited retail competition and consistent consumer demand. These demographics align perfectly with Dollar General’s proven rural market model, ensuring long-term viability and tenant retention.P.A. Commercial is pleased to present a rare opportunity to acquire a stabilized portfolio of seven freestanding Dollar General Stores strategically located across Michigan. All assets are backed by corporate-guaranteed, modified triple net (NN+) leases with established rental histories and consistent income streams. This portfolio offers investors immediate scale, long-term occupancy stability, and minimal landlord responsibilities. With a total rentable square footage of 59,542 SF, the properties generated a 2024 total income of $384,750, supported by strong tenant reimbursement ($95,982.10), and produce a net operating income (NOI) of $389,462.20. The portfolio is being offered at $5,025,319, representing an attractive 7.75% cap rate. Each site benefits from long-term tenancy with an average remaining lease term of approximately 4.5 years, and multiple renewal options in place, providing potential for ongoing cash flow and future upside.
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Highlights

  • Portfolio of Seven (7) Dollar General Stores
  • Consistent Cash Flow with Strong Annual Rent
  • NN+ Leases = Minimal Landlord Responsibility
  • Secure Long-Term Leases with 4-5 Years Remaining
  • Strategic Locations Across Rural & Suburban Michigan
  • Located in Underserved Trade Areas with Limited Retail Competition
  • Attractive NOI of $389,462.20 | 7.75% Cap Rate

Getting around

  • 6/100

    Walk Score ®

  • 100/100

    Bike Score ®

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Location

  • City Multiple Cities, MI
  • Zip Code 00000

Points of Interest

  • Boon Country Store

    1.97 miles

  • Shell

    7.86 miles

  • BP

    8.60 miles

  • Marathon

    9.21 miles

  • Cadillac Bulk Plant

    9.55 miles

  • Meijer

    10.00 miles

  • MCCCT Trail Head

    7.87 miles

  • McKenzie Trail Parking

    7.91 miles

  • M-115 Park

    8.94 miles

  • Missaukee Junction Trailhead

    9.29 miles

  • 13th Street Market

    7.36 miles

  • Timbers

    7.58 miles

  • Spark's Restaurant

    7.84 miles

  • Firehouse 115

    8.81 miles

  • Lakeside Charlies

    9.08 miles

  • Burger King

    9.11 miles

  • Chicos Taco House

    9.13 miles

  • Mr Foisie's Pasty's

    9.17 miles

  • Subway

    9.21 miles

  • McDonald's

    9.25 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

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