Freestanding Dollar General Ground
400 E Main Street Vermontville, MI 49096
400 E Main Street, Vermontville, MI, 49096
$1,954,545 SF/Yr
For Lease
$1,954,545 SF/Yr
Brand-new Dollar General is offered with a 15-year absolute NNN lease and corporate guarantee.
Property Size9,100 SF
Days on Market36
Property Features for 400 E Main Street
General Information
- Standard status
- Active
- Size
- 9,100 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2026
Listing agency
Fortis Net Lease
(734) 755-6359
Listed by
Bryan Bender · License #6501319610
(734) 755-6359
Source
Fortisnetlease
Added: Jun 17 Updated: Jul 10 at 4:01PM Checked: Jul 22 at 4:41AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Fortis Net Lease
Investment Insights
Based on property information with market context.
This offering is a brand-new Dollar General store currently in the final stages of construction, with a ground-up build-out scheduled to open and begin rent in June 2026. The property is being delivered on a 2026 BTS basis and is secured by a 15-year absolute NNN lease, designed to leave zero landlord responsibilities. The lease structure includes 5% rental rate increases every five years, including at each of the five (5-year) renewal options.
The property is located at 400 E Main Street in Vermontville, Michigan. The lease is corporately guaranteed by Dollar General Corporation, which is described as having a “BBB” credit rating (investment grade). Additional stated market context includes 3-mile household income of $78,666 and a 10-mile population of 21,486.
For qualified tenants or investors seeking a stabilized, single-tenant retail asset with long-term contractual rent growth features, this property provides the combination of a new construction delivery timeline, an absolute NNN framework, and a corporate guarantee from an investment-grade tenant. The lease also provides multiple renewal options as part of the overall 15-year term.
The property is located at 400 E Main Street in Vermontville, Michigan. The lease is corporately guaranteed by Dollar General Corporation, which is described as having a “BBB” credit rating (investment grade). Additional stated market context includes 3-mile household income of $78,666 and a 10-mile population of 21,486.
For qualified tenants or investors seeking a stabilized, single-tenant retail asset with long-term contractual rent growth features, this property provides the combination of a new construction delivery timeline, an absolute NNN framework, and a corporate guarantee from an investment-grade tenant. The lease also provides multiple renewal options as part of the overall 15-year term.
Key Highlights
- Brand‑new 2026 BTS Dollar General store totaling 9,100 SF in Vermontville, Michigan
- 15‑year absolute NNN lease structure labeled as zero landlord responsibilities
- Dollar General corporate guarantee by Dollar General Corporation (BBB credit rating, investment grade)
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Grocery and convenience stores
FAQs
What type of property is this?
NNN property - Brand-new Dollar General is offered with a 15-year absolute NNN lease and corporate guarantee.
Where is this nnn property located?
The property is located at 400 E Main Street Vermontville, MI.
What is the lease rate?
The lease rate is $1,954,545.
What are key features of this property?
This property features: Brand‑new 2026 BTS Dollar General store totaling 9,100 SF in Vermontville, Michigan; 15‑year absolute NNN lease structure labeled as zero landlord responsibilities; Dollar General corporate guarantee by Dollar General Corporation (BBB credit rating, investment grade)
