8200 W Grand Ledge Hwy Sunfield, MI 48890
NNN Dollar General in Sunfield, MI, opening July 2023.
Property size:
10,640 SFLot size:
1.78 AcresProperty Features for 8200 W Grand Ledge Hwy
General Information
- Size
- 10,640 SF
- Lot size
- 1.78 Acres
Source:
Moodyscre
Listing 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
Location Insight
- Map
- Local Demand
- City
- Sunfield
- County
- Eaton
- State
- Michigan
- Longitude
- -84.9990275
- Latitude
- 42.7560095
Nearby Similar for Sale
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.