Dollar General

For Sale

980 University Dr, Pontiac, MI 48342

This Pontiac property for sale is located at 980 University Dr. The current listed sale price for Dollar General is $1,047,010. Dollar General is situated on a lot that is 1.29 acre in size.

Contacts

broker
Nick Yaldo

Encore Real Estate Investment Services

Property Details

  • Property Type Retail - Street Retail
  • Property Size 13,500 SF
  • Units 1
  • Lot Size 1.29 Acre
  • Year Built 1968
  • Year Renovated 2010
  • Date Updated Aug 4, 2025
Pontiac, Michigan is a historic city located in the heart of Oakland County, approximately 30 miles north of downtown Detroit. As part of the Detroit metropolitan area, Pontiac benefits from its central location and accessibility, with major freeways like I-75, M-59, and Woodward Avenue connecting the city to surrounding suburbs and regional economic centers. This strategic position has long made Pontiac a transportation and commercial hub within Southeast Michigan. Once a powerhouse of the American automotive industry, Pontiac was home to the General Motors Truck and Coach Division and played a key role in the region’s manufacturing growth throughout the 20th century. While the city faced economic challenges during the automotive downturn, recent years have seen significant reinvestment and momentum toward revitalization. Public-private partnerships, downtown redevelopment initiatives, and infrastructure upgrades are helping reshape the city’s image and drive economic resurgence. Pontiac’s downtown area is undergoing a renaissance, marked by the restoration of historic buildings, the opening of new restaurants, cafés, tech startups, and creative workspaces. The Flagstar Strand Theatre, a historic performing arts venue, serves as a cultural anchor, and local events and markets help foster community engagement and vibrancy. Affordable real estate, opportunity zone designations, and city-led incentives have made Pontiac increasingly attractive to developers, entrepreneurs, and small businesses. Beyond its business potential, Pontiac also offers access to nature and recreation. The Clinton River runs through the city, and the nearby Clinton River Trail provides biking and walking paths that link Pontiac to surrounding communities. Several lakes, parks, and golf courses are just a short drive away, offering residents and visitors a balance of urban convenience and outdoor leisure. With its blend of historic character, economic opportunity, and improving infrastructure, Pontiac is re-emerging as a dynamic community poised for growth in Southeast Michigan..
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Highlights

  • $670MM Consumer Spending within 3 Miles of Subject Property
  • 1 Mile To The 3.8 Million Square Foot Amazon Fulfillment Center | Home To 3,000 Employees
  • 10% Rent Increases at the Beginning of Each Option Period
  • 2.3 Miles To The FCA North American Headquarters | Home To 15,000 Daily Daytime Employees
  • 2.5 Miles To The United Wholesale Mortgage Headquarters | Home To 6,700 Daytime Employees
  • Average Household Income Exceeds $90,389 Within a 5-Mile Radius
  • Dense Infill Location with 157,850 People within 5 Miles of Subject Property
  • Double Net Lease | Minimal Landlord Responsibilities | Corporate Guarantee | S&P Credit Rating "BBB"
  • Excellent Visibility Off University Dr With 22,000 VPD
  • Priced Below Replacement Costs | Attractive Low Rent ($6.94/SF)
  • Recent Remodel In June Of 2025 By Tenant, Which Included Full Replacement of All Flooring, New Lighting, Shelving, Water Heater Replacement, Paint, and Bathrooms
  • Retrofit For Dollar General In 2010 With Upgraded Brick Construction | New Roof In 2023 With 15-Year Warranty

Getting around

  • 42/100

    Walk Score ®

  • 64/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Pontiac, MI
  • Zip Code 48342
  • Market Detroit

Points of Interest

  • Pontiac

    2.11 miles

  • Troy

    8.55 miles

  • Mobil

    0.60 miles

  • Citgo

    0.77 miles

  • Speedway

    1.04 miles

  • Marathon

    1.15 miles

  • Shell

    1.28 miles

  • Sunoco

    1.36 miles

  • Auburn Hills, MI Supercharger

    3.88 miles

  • Sun Country

    3.88 miles

  • ChargePoint

    8.15 miles

  • EVgo

    9.01 miles

  • Notre Dame Preparatory Marist Academy Parking Lot

    1.32 miles

  • Lot 20

    1.39 miles

  • Pontiac School Bus Yard

    1.43 miles

  • Deck 20/21

    1.44 miles

  • Lot 22

    1.55 miles

  • FCA Visitor Parking

    1.58 miles

  • Lots 22A & 23A

    1.68 miles

  • Deck 60

    1.78 miles

  • Lot 26

    1.80 miles

  • Lot 10

    1.80 miles

  • White Castle

    0.63 miles

  • Burger King

    0.84 miles

  • Albert's Coney Grill Restaurant

    0.89 miles

  • Taco Bell

    0.93 miles

  • KFC

    0.93 miles

  • Wendy's

    0.98 miles

  • McDonald's

    1.06 miles

  • The HUB

    1.14 miles

  • O'Malley's

    1.14 miles

  • Bobby Ray's Gourmet Submarines

    1.28 miles

  • Carnival Market

    1.72 miles

  • Save-A-Lot

    2.29 miles

  • Hollywood Markets

    2.54 miles

  • Meijer

    3.00 miles

  • Big Lots

    3.13 miles

  • Forman Mills

    3.16 miles

  • Walmart Supercenter

    3.38 miles

  • Bloomfield Town Square

    3.55 miles

  • TJ Maxx

    3.56 miles

  • ALDI

    3.57 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
Nick Yaldo

Encore Real Estate Investment Services

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