Dollar General Absolute NNN
For Sale
Contact for pricing
10525 S Warner Ave, Fremont, MI 49412
Freestanding Dollar General retail store is leased under a 15-year absolute NNN structure with corporate guarantee.
Property Size9,100 SF
Days on Market145
Property Features for 10525 S Warner Ave
General Information
Standard status
Active
Size
9,100 SF
Property subtype
Retail, Land
Additional Details
Cap Rate
6.5%
Building Details
Tenancy
Single
Listing Agency:
Fortis Net Lease
(248) 419-3810
Listed By:
Bryan Bender · License #MI 6501319610
Source:
Crexi
Added: Apr 10
Changed: Aug 24
Last Checked: Aug 14 at 8:03AM
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 presents a single-tenant Dollar General store with 9,100 square feet. The property is encumbered by a 15-year absolute net (NNN) lease, designed to leave zero landlord responsibilities. The lease commenced on 8/1/2018 and includes five renewal options, each providing a 10% rental rate increase. Dollar General Corporation provides a corporate guarantee, and the tenant is described as having a credit rating of “BBB” (investment grade).
The store is positioned on S Warner Ave off 104th St and is described as highly visible in the public remarks.
For sale as fee simple ownership, the offering is also presented for 1031 exchange buyers and passive investors in the provided remarks.
The store is positioned on S Warner Ave off 104th St and is described as highly visible in the public remarks.
For sale as fee simple ownership, the offering is also presented for 1031 exchange buyers and passive investors in the provided remarks.
Key Highlights
- Freestanding 9,100 SF Dollar General store in Fremont, MI on a 15‑year absolute NNN lease.
- 15‑year absolute NNN structure: described as leaving zero landlord responsibilities.
- Rent commenced 8/1/2018; tenant is corporately guaranteed by Dollar General Corporation.
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
12
Businesses Nearby
3k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Dollar General
Shops & Services
3,282 visits/mo
0.1 miles
Demographics for 49412, MI
11,703
Population
5,143
Households
2.3
Avg Household Size
42
Median Age
28%
College-Educated
91%
High-School Grad
110.4 sq mi
ZIP Area
106
Density / Sq Mi
$63,504
Median Household Income
$37,272
Median Earnings
$860
Median Rent
$180,600
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Freestanding Dollar General retail store is leased under a 15-year absolute NNN structure with corporate guarantee.
Where is this grocery and convenience store located?
The property is located at 10525 S Warner Ave Fremont, MI.
What are key features of this property?
This property features: Freestanding 9,100 SF Dollar General store in Fremont, MI on a 15‑year absolute NNN lease.; 15‑year absolute NNN structure: described as leaving zero landlord responsibilities.; Rent commenced 8/1/2018; tenant is corporately guaranteed by Dollar General Corporation.
