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    Caledonia, MI
    Grocery Store

    Caledonia, MI Grocery And Convenience Stores for Sale

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    Middleville, MI Grand Rapids, MI Alto, MI
    Dollar General NNN Lease Property
    Updated: May 27, 2024
    Dollar General NNN Lease Property

    3607 68th St SE, Caledonia, MI 49316

    $1,355,785
    9,301 sqft · 1.83 AC lot
    Absolute NNN Lease: Zero landlord responsibilities.
    Lease guaranteed by Dollar General (rated "BBB" by Standard & Poor's).
    Located 1 mile from a large Amazon Fulfillment Center and Sort Center employing nearly 3,000 people.
    Over 4 years remaining on the lease with five 5‑year renewal options, each with rent increases.
    Located in a growing suburban market (Caledonia) near Grand Rapids, with strong retail, residential, and industrial growth.
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    This listing looks promising.

    Here's a quick look at some key insights for

    3607 68th St SE, Caledonia, MI 49316

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    • Est. Cap Rate

      7.6%
      Above avg (5.9%)

    • Est. NOI

      $103K
      Annual

    • Price @ 7% Cap

      $1.48M
      Above asking

    • Property Type

      Wholesale Outlet, Discount Store (Franchise)
      Built 2013
    View Property Analytics
    Dollar General NNN Investment Opportunity
    Updated: Jun 25, 2024
    Dollar General NNN Investment Opportunity

    3607 68th St SE, Caledonia, MI 49316

    $1,355,785
    9,301 sqft
    Absolute NNN Lease - Zero Landlord Responsibilities
    Corporate Backed Guarantee by Dollar General - 'BBB' By Standard & Poor's
    Strong Location and Demographics - Growing Suburban Market near Grand Rapids
    Proximity to Amazon Fulfillment and Sort Centers (1.8MM SF Total)
    Excellent Location on 68th Street - Retail Mainstay
    View details
    Based on your search, we've compiled 20 Potential Opportunities for your consideration. Besides 2 Active listings in Caledonia, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 10 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Grocery-Anchored Retail Center
    Grocery-Anchored Retail Center

    6511 28th Street Southeast, Grand Rapids, MI 49546

    $925,000
    2,503 sqft · 0.76 AC lot

    For-sale grocery-anchored retail center with easy access, suited for neighborhood retail and financial uses.

    View details
    Grocery-Anchored Retail Center Parcel
    Grocery-Anchored Retail Center Parcel

    6511 28th Street SE, Grand Rapids, MI 49546

    $925,000
    2,503 sqft · 0.76 AC lot

    Grocery-anchored shopping center site with easy access and a financial-institution deed restriction for certain bank sales.

    View details
    Save A Lot Grocery Store
    Save A Lot Grocery Store

    7434 Storey Rd, Belding, MI 48809

    $1,065,000
    26,486 sqft

    Grocery store with long-term lease and annual rent increases.

    View details
    Freestanding Family Dollar Dollar Tree
    Freestanding Family Dollar Dollar Tree

    500 Covered Village, Belding, MI 48809

    $1,250,000

    Freestanding Family Dollar Dollar Tree store, relocated in 2023.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    High-Visibility Highway Commercial Land
    High-Visibility Highway Commercial Land

    Blue Star Highway lot: 2, Fennville, MI 49408

    $300,000
    2.75 AC lot

    Cleared highway exit land in a C-3 district for a range of commercial and service uses.

    View details
    Commercial Land on S 9th
    Commercial Land on S 9th

    S 9th Street, Kalamazoo, MI 49009

    $225,000
    0.93 AC lot

    0.93-acre buildable parcel on S. 9th Street in Kalamazoo, MI.

    View details
    Prime Development Site on I-94
    Prime Development Site on I-94

    VL N Parma Road, Parma, MI 49269

    $549,000
    4.50 AC lot

    4.5+/- acre commercial land with high visibility and access.

    View details
    Prime Corner Lot in Jackson
    Prime Corner Lot in Jackson

    108 Cooper Street, Jackson, MI 49201

    $1,000,000
    3,672 sqft · 1.32 AC lot

    High-visibility 1.32-acre corner lot near downtown Jackson.

    View details

    Off-Market Properties in Caledonia, MI

    Consider similar Off-Market properties in Caledonia, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    6809 Hanna Lk SE Ave
    GROCERY, SUPERMARKET

    6809 Hanna Lk SE Ave, Caledonia, MI 49316-9118

    Value Estimation by Request
    1,457 sqft · 0.34 AC lot
    View details
    9441 Cherry Vly SE Ave
    CONVENIENCE STORE

    9441 Cherry Vly SE Ave, Caledonia, MI 49316-9529

    Value Estimation by Request
    900 sqft · 0.95 AC lot
    View details
    3495 68th SE St
    GROCERY, SUPERMARKET

    3495 68th SE St, Caledonia, MI 49316-9757

    Value Estimation by Request
    3,200 sqft · 0.71 AC lot
    View details
    5320 68th SE St
    GROCERY, SUPERMARKET

    5320 68th SE St, Caledonia, MI 49316-8394

    $625,000
    Estimated value
    5,290 sqft · 6.52 AC lot
    View details
    4474 Kalamazoo Dr
    GROCERY, SUPERMARKET

    4474 Kalamazoo Dr, Caledonia, MI 49316-9618

    Value Estimation by Request
    4,250 sqft · 1.32 AC lot
    View details
    9807 Cherry Vly SE Ave
    GROCERY, SUPERMARKET

    9807 Cherry Vly SE Ave, Caledonia, MI 49316-7656

    $705,000
    Estimated value
    6,210 sqft · 1.90 AC lot
    View details
    1625 Marketplace SE Dr
    CONVENIENCE STORE

    1625 Marketplace SE Dr, Caledonia, MI 49316-8512

    Value Estimation by Request
    7,335 sqft
    View details
    9633 Cherry Vly SE Ave
    GROCERY, SUPERMARKET

    9633 Cherry Vly SE Ave, Caledonia, MI 49316-9566

    Value Estimation by Request
    2,700 sqft · 0.69 AC lot
    View details
    9266 Cherry Vly SE Ave
    CONVENIENCE STORE

    9266 Cherry Vly SE Ave, Caledonia, MI 49316-9591

    Value Estimation by Request
    2,716 sqft · 1.03 AC lot
    View details
    6700 Broadmoor SE Ave
    GROCERY, SUPERMARKET

    6700 Broadmoor SE Ave, Caledonia, MI 49316-9633

    $975,000
    Estimated value
    8,274 sqft · 54.00 AC lot
    View details

    Caledonia, MI Grocery And Convenience Stores Market Trends and Statistics

    Explore 12 grocery and convenience stores for sale in Caledonia, MI on our real estate platform. These investment opportunities span a total of 18,602 square feet of properties for sale, with an estimated market value of $2,711,570.

    Sale prices for supermarkets in Caledonia, MI start at $1,355,785, averaging $1,355,785, and reaching up to $1,355,785 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Grocery and convenience stores 2
    Shopping centers 2
    Storefront properties 1

    Demographics Overview

    Population 26K
    Population Growth (5Y) +12.6%
    Median Household Income $101,548
    College Educated 60.0%

    High-Yield Neighborhoods for Investment

    Identify Caledonia submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    49316 $1.4M

    Taxes & Financing

    Tax Rate (average for all types) 3.16%
    Property Tax per SF $68.75 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Kent County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

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

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