1420 E Main St Niles, MI 49120

This 10,640 SF Dollar General Plus store is located in Niles, Michigan. Constructed in 2023, the property is secured with a 15-year Absolute NNN Lease, leaving zero landlord responsibilities. The lease includes 5% rent increases every 5 years, including at each of the five 5-year options to renew. The lease is corporately guaranteed by Dollar General Corporation, which holds a credit rating of "BBB". The store opened in October 2023. The Dollar General is positioned on E Main Street, which sees 11,101 cars per day. The location is within a 5-mile radius of 34,114 residents, and the 1-mile average household income is $55,911 per year. The property features a concrete parking lot. Niles is located near South Bend, Indiana, on the banks of the St. Joseph River. The city has a walkable downtown area with shops, stores, restaurants, and business institutions. Main Street leads to Riverfront Park, which stretches along the St. Joseph River and offers a trail, fishing, park equipment, and an amphitheater.