Dollar General

For Sale

405 South Michigan Avenue, Saginaw, MI 48602

This Saginaw property for sale is located at 405 South Michigan Avenue. The current listed sale price for Dollar General is $1,000,000. Dollar General is situated on a lot that is 0.77 acre in size.

Contacts

Deno Bistolarides

Encore Real Estate Investment Services

Property Details

  • Property Type Retail - Freestanding
  • Property Size 9,632 SF
  • Lot Size 0.77 Acre
  • Property Tenancy Single Tenant
  • Year Built 1948
  • Year Renovated 2011
  • Date Updated May 15, 2026
Saginaw, Michigan is a regional economic hub located in the central portion of the state along the I-75 corridor, approximately 100 miles north of Detroit and 20 miles from the shores of Lake Huron. The city is part of the larger Great Lakes Bay Region, which also includes Bay City and Midland, creating a combined regional population of more than 400,000 residents. Saginaw benefits from strong regional connectivity through Interstate 75, Interstate 675, and M-46, providing convenient access to major Michigan markets and facilitating the movement of goods and commuters throughout the region. Historically rooted in manufacturing, Saginaw has evolved into a diversified economy supported by healthcare, education, advanced manufacturing, and logistics. Major employers in the area include Covenant HealthCare, Nexteer Automotive, and Saginaw Valley State University, which serves as a key educational and economic driver for the region. The city also serves as a retail and service center for surrounding communities, drawing consistent consumer traffic from across Saginaw County and neighboring counties. With ongoing regional investment, accessible transportation infrastructure, and a stable employment base, Saginaw continues to provide a strategic location for commercial businesses serving the broader Mid-Michigan market.-
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Highlights

  • 9,632 SF Free-Standing Dollar General Situated on 0.77 Acres
  • Corporate Lease Guarantee from Dollar General (NYSE: DG) | Investment Grade Tenant | S&P Rating: BBB
  • Dense Consumer Base | 107,121 residents within a 5-mile radius | Demographics Well-Aligned with Dollar General’s Core Customer Base
  • Double "NN" Net Lease | Minimal LL Responsibilities
  • Property Renovated to Dollar General’s Specifications in 2012 & 2021
  • Proven Long-Term Operating History | Dollar General Has Successfully Occupied This Location Since 2011 Demonstrating Commitment To The Location
  • Recession-Resilient Retailer | Dollar General Remains One of The Most Durable Discount Retail Concepts
  • Strong Traffic Corridor | Located along S Michigan Ave w/ Traffic Counts Exceeding 16,000 VPD

Getting around

  • 84/100

    Walk Score ®

  • 63/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Saginaw, MI
  • Neighborhood Adams
  • Zip Code 48602

Points of Interest

  • BP

    0.04 miles

  • Sunoco

    0.07 miles

  • Marathon

    0.57 miles

  • Mobil

    1.57 miles

  • Admiral Petroleum

    1.57 miles

  • City of Saginaw Parking Lot

    1.95 miles

  • Commerce Center Parking

    1.95 miles

  • County of Saginaw Parking Ramp

    2.00 miles

  • Denron Private Parking Lot

    2.04 miles

  • M-81 Express Stop

    4.63 miles

  • University Village West Parking

    6.49 miles

  • Lot A

    6.55 miles

  • Lot R

    6.63 miles

  • Parking- Disabled and Cardinal Athletic Club

    6.64 miles

  • McDonald's

    0.08 miles

  • Subway

    0.08 miles

  • Rally's

    0.08 miles

  • Burger King

    1.15 miles

  • Taco Bell

    1.26 miles

  • Tony's Original

    1.51 miles

  • Domino's

    1.52 miles

  • Little Caesars

    1.59 miles

  • Happy's Pizza

    1.65 miles

  • Rico's Authenic Mexican Take

    2.02 miles

  • Kroger

    2.59 miles

  • Gordon Food Service

    3.26 miles

  • Save-A-Lot

    3.33 miles

  • Walmart Supercenter

    3.45 miles

  • ALDI

    3.70 miles

  • JCPenney

    4.09 miles

  • Macy's

    4.20 miles

  • Fashion Square Mall

    4.26 miles

  • Burlington

    4.30 miles

  • TJ Maxx

    4.40 miles

Contact Listing Broker
Deno Bistolarides

Encore Real Estate Investment Services

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