18529 Ln Porte Rd New Buffalo, MI
100% occupied NNN center with long-term stability.
Property size:
13,814 SFLot size:
1.41 AcresProperty Features for 18529 Ln Porte Rd
General Information
- Size
- 13,814 SF
- Lot size
- 1.41 Acres
Source:
Moodyscre
Listing Agent: Dan Cooper
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Dollar General Anchored Retail Center
This 13,814 square foot retail center is anchored by Dollar General (S&P BBB) and is ideally positioned between a highway exit and New Buffalo’s high tourism beach town. The property is 100% occupied with NNN leases and below-market rental rates, as well as annual rental increases from Al Fuego. Dollar General has an early lease extension, and Al Fuego recently signed a 10-year lease extending to 2033, creating long-term stability. The location benefits from a strong employment base and a tourist area with a solid and growing residential year-round community, with average household incomes of $126,175 within a 5-mile radius. Located on a main roadway (Harbor Country Road) with its own exit off I-94, the property is positioned between the exit and the beach, making it extremely successful for last-minute beach items, snacks, and meals. The anchor tenant, Dollar General (Fortune 500 Company - NYSE: DG, Moody’s “Baa3”, S&P “BBB”) has a revenue of $40.612B, a 4.96% increase over the previous year (2024).
Location Intelligence
Current Use by Public Records
Strip malls
Map
- City
- New Buffalo
- County
- Berrien
- State
- Michigan
- Longitude
- -86.7439154
- Latitude
- 41.7939302
Nearby Similar for Sale
FAQs
What type of property is this?
Strip mall - 100% occupied NNN center with long-term stability.
Where is this strip mall located?
The property is located at 18529 Ln Porte Rd New Buffalo, MI.
What is the asking price?
The asking price for this property is $1,280,000.
What are key features of this property?
This property features: - Dollar General (S&P BBB) Anchored Retail Center in High Tourism Area; - 100% Occupied NNN Center with Below Market Rental Rates and Annual Rental Increases; - Early Lease Extension from Dollar General and Recent 10-Year Lease from Al Fuego (2031 & 2033)