Dollar General Absolute NNN
For Sale
Contact for pricing
Pending
1308 N Nottawa St, Sturgis, MI 49091
Corporately guaranteed Dollar General asset with an absolute NNN lease and a new 15-year term.
Property SizeContact for details
Days on Market121
Property Features for 1308 N Nottawa St
General Information
Standard status
Pending
Property subtype
Retail
Listing Agency:
The Kase Group
(512) 636-9613
Listed By:
Kevin Cordova · License #NM 19145
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Aug 9 at 1:43PM
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 The Kase Group
Investment Insights
Based on property information with market context.
This sale presents a corporately guaranteed Dollar General retail asset structured with an absolute NNN lease. The lease is new with a 15-year initial term and is described as requiring zero landlord obligations. The tenant also has four, 5-year renewal options, with 10% increases on each renewal period.
The property is located at 1308 N Nottawa St, Sturgis, MI 49091. The public remarks also cite an announced expansion by Heartland RV and Cruiser RV selecting Sturgis for manufacturing facilities and creating 450 new jobs.
The offering is positioned in the provided materials for long-term, passive investment. All lease timing and renewal terms are as stated in the remarks provided with the listing.
The property is located at 1308 N Nottawa St, Sturgis, MI 49091. The public remarks also cite an announced expansion by Heartland RV and Cruiser RV selecting Sturgis for manufacturing facilities and creating 450 new jobs.
The offering is positioned in the provided materials for long-term, passive investment. All lease timing and renewal terms are as stated in the remarks provided with the listing.
Key Highlights
- Dollar General asset with a corporately guaranteed absolute NNN lease in Sturgis, MI
- New 15‑year lease term with zero landlord obligations
- Lease includes four 5‑year renewal options
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
422
Businesses Nearby
Explore this area
Business Placement
Demographics for 49091, MI
19,901
Population
8,732
Households
2.3
Avg Household Size
38
Median Age
20%
College-Educated
84%
High-School Grad
87.3 sq mi
ZIP Area
228
Density / Sq Mi
$65,000
Median Household Income
$39,399
Median Earnings
$817
Median Rent
$173,800
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Corporately guaranteed Dollar General asset with an absolute NNN lease and a new 15-year term.
Where is this nnn property located?
The property is located at 1308 N Nottawa St Sturgis, MI.
What are key features of this property?
This property features: Dollar General asset with a corporately guaranteed absolute NNN lease in Sturgis, MI; New 15‑year lease term with zero landlord obligations; Lease includes four 5‑year renewal options
