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Springport, MI 1031 Exchange Properties for Sale

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Dollar General NNN Retail Property
Updated: Apr 10
Dollar General NNN Retail Property

441 E. Main Street, Springport, MI 49284

Contact for pricing
9,100 sqft
9,100 SF Dollar General store in operation
15‑year absolute NNN lease with zero landlord responsibilities
5‑year renewal options with 10% rental rate increases
Corporate guarantee from Dollar General Corporation with BBB credit rating
Rent commenced on 8/27/2018
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Springport, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Single-Tenant Dollar General Retail
Single-Tenant Dollar General Retail

7519 E Michigan Ave., Jackson, MI 49201

Contact for pricing
10,640 sqft

Newly opened Dollar General with an absolute NNN lease, corporate guaranty, and scheduled 5% rental increases.

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Dollar General Absolute NNN Property
Dollar General Absolute NNN Property

1335 W Michigan Ave, Battle Creek, MI 49037

Contact for pricing
9,100 sqft

Newly developed retail location backed by a corporate lease guarantee and structured for passive ownership.

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Dollar General NNN Property
Dollar General NNN Property

5301 B Dr S, Battle Creek, MI 49014

Contact for pricing
9,100 sqft

Corporate-backed retail tenancy with a double-net lease structure and multiple renewal options.

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12-Unit Multifamily Portfolio
12-Unit Multifamily Portfolio

504506 504-506*** 1st St, Jackson, MI 49203

$1,100,000

Two multifamily buildings are offered together as a single apartment investment package in Jackson, Michigan.

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Springport, MI 1031 Exchange Properties Market Trends and Statistics

Explore 1 1031 exchange properties for sale in Springport, MI on our real estate platform. These investment opportunities span a total of 9,100 square feet of properties for sale.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

1031 exchange properties 1
NNN properties 1

Demographics Overview

Population 2,436
Population Growth (5Y) -22.2%
Median Household Income $62,651
College Educated 23.3%

Taxes & Financing

Tax Rate (average for all types) 3.49%
Property Tax per SF $74.52 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Jackson County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Jackson County

Retail

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