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    8200 W Grand Ledge Hwy Sunfield, MI 48890

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    For Sale
    $1,387,000

    NNN Dollar General in Sunfield, MI, opening July 2023.

    Property size:
    10,640 SF
    Lot size:
    1.78 Acres

    Property Features for 8200 W Grand Ledge Hwy

    General Information

    Size
    10,640 SF
    Lot size
    1.78 Acres

    Source: SRS Real Estate Partners | Detroit Agent Michael Carter

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    New Dollar General Investment Property

    This is a newly-built Dollar General investment property located in Sunfield, MI, within the Lansing MSA. The property features a corporate guaranteed, NNN lease. The tenant, Dolgencorp, LLC, has signed a new 15-year lease with options to extend for 5 additional 5-year periods, demonstrating a long-term commitment to the location. The lease includes 10% rental increases at the beginning of each option period. The lease is guaranteed by the corporate entity (NYSE: DG | S&P: BBB) and is structured as NNN with limited landlord responsibilities. The building is scheduled to open in July 2023 and will feature a state-of-the-art design using high-quality materials. Dollar General is a nationally recognized discount store with over 19,000 stores in operation. The property is 10640 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Dollar General Dollar Store

    Suggested Use

    Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Nail Salon Department Store Food Market HVAC Service Furniture Store Electronics Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sunfield
    County
    Eaton
    State
    Michigan
    Longitude
    -84.9990275
    Latitude
    42.7560095

    Nearby Similar for Sale

    • $1,387,000
      10,640 SF

      8200 Grand Ledge Hwy

      Individual retail properties • 10,640 SF
      8200 Grand Ledge Hwy, Sunfield, MI 48890
      View Details

    FAQs

    What type of property is this?
    Grocery and convenience store - NNN Dollar General in Sunfield, MI, opening July 2023.
    Where is this grocery and convenience store located?
    The property is located at 8200 W Grand Ledge Hwy Sunfield, MI.
    What is the asking price?
    The asking price for this property is $1,387,000.
    What are key features of this property?
    This property features: - Brand new 15-year corporate guaranteed NNN lease with Dollar General (NYSE: DG | S&P: BBB).; - Passive investment opportunity with limited landlord responsibilities.; - 10% rental increases at the beginning of each 5-year option period, hedging against inflation.
    (586) 549-4260
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    8200 W Grand Ledge Hwy Sunfield, MI 48890
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