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Absolute NNN Retail Property
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1009 Crystal Ave, Crystal Falls, MI 49920

Dollar General occupies the property under an absolute NNN lease with extended term and scheduled rent increases.

Property SizeContact for details
Days on Market145

Property Features for 1009 Crystal Ave

General Information

Standard status Active
Property subtype Retail

Building Details

Tenancy Single
Listing Agency: The Kase Group
Listed By: Kase Abusharkh · License #TX 708586
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 30 at 1:52AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Kase Group

Investment Insights

Based on property information with market context.

This retail property at 1009 Crystal Ave in Crystal Falls, MI is leased to Dollar General under an absolute NNN structure. The initial lease term is 15 years, with over 14 years remaining. The arrangement assigns zero landlord obligations under the stated lease terms.

The lease also includes five 5-year option periods, with 10% rental increases scheduled every 5 years during those options. This structure provides defined lease timing and contractual escalation provisions for evaluation by a prospective owner.

Key Highlights

  • Absolute NNN lease with zero landlord obligations
  • Dollar General is the established tenant
  • Over 14 years remain on the initial 15 year term

Property Analytics

Current Use

Grocery and convenience stores

Suggested Use

Top Pick Parking Lot & Garage Auto Parts Store Pharmacy (Bike/Boat/Book/etc) Store Furniture & Home Goods Real Estate Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

154
Businesses Nearby

Demographics for 49920, MI

4,046
Population
3,236
Households
1.3
Avg Household Size
55
Median Age
22%
College-Educated
94%
High-School Grad
401.8 sq mi
ZIP Area
10
Density / Sq Mi
$61,028
Median Household Income
$36,355
Median Earnings
$916
Median Rent
$119,800
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - Dollar General occupies the property under an absolute NNN lease with extended term and scheduled rent increases.
Where is this nnn property located?
The property is located at 1009 Crystal Ave Crystal Falls, MI.
What are key features of this property?
This property features: Absolute NNN lease with zero landlord obligations; Dollar General is the established tenant; Over 14 years remain on the initial 15 year term
(925) 348-1844 Call to check price and availability
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