8530 S Mason Dr

For Sale

8530 S Mason Dr, Newaygo, MI 49337

This Newaygo property for sale is located at 8530 S Mason Dr. The current listed sale price for 8530 S Mason Dr is $831,691.03. 8530 S Mason Dr is situated on a lot that is 1 acre in size.

Contacts

broker
Alexa Venezia

P.A. Commercial

Property Details

  • Property Type Retail - Freestanding
  • Property Size 9,014 SF
  • Lot Size 1 Acre
  • Parking Spaces Avail. 50
  • Property Tenancy Single Tenant
  • Year Built 2004
  • Date Updated Jun 16, 2025
This Dollar General store is prominently located along Mason Drive (M-37) in Newaygo County, a key north-south commercial corridor in West Michigan. Positioned in a suburban setting with strong regional connectivity, the site benefits from excellent frontage and visibility, drawing over 12,000 vehicles per day and serving a growing local population. Surrounded by residential neighborhoods, schools, and service businesses, the property captures both daily convenience shoppers and regional traffic. With projected 6% household growth in a 3-mile radius and minimal retail competition, the site offers long-term retail stability. Located within the Grand Rapids–Kalamazoo–Battle Creek DMA, the property is well-situated in a low-vacancy retail submarket, offering investors a solid presence in a demographically sound and logistically advantageous area.This 9,014 SF freestanding Dollar General store, located in suburban Newaygo County, Michigan, offers investors stable, long-term cash flow as part of a 7-property Dollar General NN+ leased portfolio. The property presents a compelling opportunity for passive income with limited landlord responsibilities. Situated on 1.0 acre along Mason Drive (M-37) with a traffic count of over 12,000 vehicles per day, the property benefits from excellent visibility, strong access via one curb cut, and 50 surface parking spaces. The building features single-tenant occupancy, a pylon sign, and a typical Dollar General layout optimized for essential retail in a high-demand, low-competition market. With 4–5 years of remaining lease term, corporate guarantee, and consistent rent performance, this property is ideally positioned in a growth market (projected 6% household growth by 2029) and offers a low-vacancy, income-generating asset in a resilient retail category.
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Highlights

  • Attractive Cap Rate with stable NOI and strong rent performance
  • Freestanding 9,014 SF building on a 1-acre lot with 50 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-37 corridor (12,000+ VPD)

Getting around

  • 33/100

    Walk Score ®

  • 36/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Newaygo, MI
  • Zip Code 49337

Points of Interest

  • Speedway

    0.04 miles

  • BP

    0.69 miles

  • Wesco

    0.83 miles

  • Marathon

    1.47 miles

  • Snowmobile Staging Area

    4.97 miles

  • Coolbough Parking

    5.01 miles

  • NCT Trailhead - 40th Street

    5.68 miles

  • Newaygo-Whitecloud Carpool Parking

    5.89 miles

  • Subway

    0.38 miles

  • Wendy's

    0.40 miles

  • City Limits Resturaunt

    0.45 miles

  • McDonald's

    0.48 miles

  • Burger King

    0.50 miles

  • KFC/Taco Bell

    0.56 miles

  • Little Caesars

    0.87 miles

  • Driftwood Bar and Grill

    8.11 miles

  • Elsie's Ice Cream

    8.59 miles

  • The Lunch Pail

    8.66 miles

  • Save-A-Lot

    0.48 miles

  • Leppinks Food Centers

    0.49 miles

  • North Woods General Store

    1.35 miles

  • Gene's Family Market

    4.35 miles

  • Bill's Shop N Save

    9.34 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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