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    705 S Main St Crystal, MI 48818

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    For Sale
    $1,408,242

    NNN Dollar General in Crystal, MI with 13+ years remaining.

    Property size:
    9,235 SF
    Lot size:
    1.04 Acres

    Property Features for 705 S Main St

    General Information

    Size
    9,235 SF
    Lot size
    1.04 Acres

    Source: Matthews Real Estate Investment Services | Dallas Agent Josh Bishop

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

    Overview

    Dollar General NNN Investment Property

    This property features a Dollar General built-to-suit construction completed in 2021. The property is under an absolute NNN lease with approximately 13.25 years remaining on the original 15-year term, which commenced in May 2021. The lease was modified 2.5 years into the base term, extending it to a new 15-year term and incorporating rental increases. The lease includes 5% rental increases every 5 years for the life of the lease. The property requires zero landlord management responsibilities. The surrounding area has an average household income of $77,462. The property is located in Crystal, Michigan, approximately 50 miles east of Grand Rapids. The property size is 9,235 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Dollar General Dollar Store Charlie's Pit Stop ... Pizza Restaurant

    Suggested Use

    Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Building Supply Auto Repair Shop Auto Parts Store Kitchen & Bath Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Crystal
    County
    Montcalm
    State
    Michigan
    Longitude
    -84.915156
    Latitude
    43.257693

    Nearby Similar for Sale

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    • $250,000

      Turnkey Pizza Restaurant Near Crystal Lake

      Established pizza restaurant in Crystal, MI, near Crystal Lake.
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    • $500,000

      Updated Commercial Building in Crystal

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    FAQs

    What type of property is this?
    Grocery and convenience store - NNN Dollar General in Crystal, MI with 13+ years remaining.
    Where is this grocery and convenience store located?
    The property is located at 705 S Main St Crystal, MI.
    What is the asking price?
    The asking price for this property is $1,408,242.
    What are key features of this property?
    This property features: - Long-term, absolute NNN lease with approximately 13.25 years remaining, providing a passive income stream.; - Dollar General's lease modification to a new 15-year term with rental increases demonstrates a strong commitment to the location.; - 5% rental increases every 5 years for the life of the lease, offering built-in income growth.
    (315) 730-6228
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    705 S Main St Crystal, MI 48818
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    Crystal, MI 48818
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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
    705 S Main St Crystal, MI 48818
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