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For Sale

Dollar General

405 South Michigan Avenue,
Saginaw, MI 48602

Asset Snapshot

$78,045
NOI
1948
Year Built
2011
Year Renovated
1
Floor Count
100%
Occupancy

Offering Summary

Investment Overview

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Investment Highlights

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

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Listing Syndicated From

Buildout
For Sale
$1,000,000
Asking Price