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    2634 Peterson Rd Trenary, MI

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    For Sale
    $1,226,076

    NNN leased Dollar General with approximately 10.5 years remaining.

    Property size:
    9,100 SF
    Lot size:
    3.31 Acres

    Property Features for 2634 Peterson Rd

    General Information

    Size
    9,100 SF
    Lot size
    3.31 Acres

    Source: Matthews Real Estate Investment Services - Corporate Agent Gannon Ethington

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

    Overview

    Dollar General NNN Investment Opportunity

    This property is an absolute NNN leased Dollar General, offering passive ownership with zero landlord responsibilities. The tenant, Dollar General, has a "bbb" credit rating from S&P, indicating strong creditworthiness and financial stability. The lease has approximately 10.5 years of lease term remaining, providing secure and predictable income. The property benefits from an exclusive market position with no direct competition in the immediate vicinity. Dollar General has demonstrated consistent performance across economic cycles and was recognized with a Globe Business Excellence Award for its operational resilience during the COVID-19 pandemic. Positioned along Highway 41, the property benefits from visibility to approximately 1,900 vehicles per day, supporting steady consumer access and brand exposure. The property size is 9,100 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Grocery and convenience stores

    Suggested Use

    Restaurant Wholesale Shop Building Supply Bar & Pub Grocery Store Food Market Garden Center Pet Supply Store Convenience Store Bakery

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

    Location Insight

    • Map
    • Local Demand
    City
    Trenary
    County
    Alger
    State
    Michigan
    Longitude
    -86.969868
    Latitude
    46.1952303

    Nearby Similar for Sale

    • $149,000
      1,748 SF

      Former Credit Union on Highway

      Versatile commercial property with modern amenities and expansion potential.
      E2906 M-67, Trenary, MI 49891
      View Details

    FAQs

    What type of property is this?
    Grocery and convenience store - NNN leased Dollar General with approximately 10.5 years remaining.
    Where is this grocery and convenience store located?
    The property is located at 2634 Peterson Rd Trenary, MI.
    What is the asking price?
    The asking price for this property is $1,226,076.
    What are key features of this property?
    This property features: - Absolute NNN Lease: Enjoy true passive ownership with zero landlord responsibilities.; - Long-Term Lease: Approximately 10.5 years remaining, providing secure income.; - Investment-Grade Tenant: Leased to Dollar General, with a "bbb" credit rating from S&P.
    (309) 737-7869
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    2634 Peterson Rd Trenary, MI
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    Trenary, MI
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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
    2634 Peterson Rd Trenary, MI
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