Dollar General NNN
For Sale
Contact for pricing
19663 US-12, Edwardsburg, MI 49112
Corporate-guaranteed retail occupancy is structured under an absolute NNN lease with no landlord responsibilities.
Property Size9,100 SF
Days on Market144
Property Features for 19663 US-12
General Information
Standard status
Active
Size
9,100 SF
Property subtype
Retail
Net Operating Income
$86,520
Additional Details
Cap Rate
6.5%
Traffic Count
6,396 vehicles/day
Building Details
Buildings
1
Tenancy
Single
Listing Agency:
Fortis Net Lease
(248) 419-3810
Listed By:
Bryan Bender · License #MI 6501319610
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Apr 11 at 11:38PM
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.
The 9,100 SF Dollar General store is operating under a 15-year absolute NNN lease, with rent commencing on 2/1/2020. The structure assigns no landlord responsibilities and includes four 5-year renewal options, each providing a 10% rental rate increase. Dollar General Corporation provides the corporate guarantee and carries a BBB credit rating classified as investment grade.
The property is located at 19663 US-12 in Edwardsburg, Michigan, with visibility along US-12 and reported traffic of 6,396 cars per day. Demographic data includes a five-mile population of 36,836 and one-mile average household income of $61,093 per year. The store is currently open and positioned as a fee-simple NNN asset.
The property is located at 19663 US-12 in Edwardsburg, Michigan, with visibility along US-12 and reported traffic of 6,396 cars per day. Demographic data includes a five-mile population of 36,836 and one-mile average household income of $61,093 per year. The store is currently open and positioned as a fee-simple NNN asset.
Key Highlights
- 9,100 SF Dollar General store at 19663 US‑12, Edwardsburg, MI 49112
- 15‑year absolute NNN lease with zero landlord responsibilities
- Four 5‑year renewal options, each with a 10% rental rate increase
Property Analytics
Property Profile
Current Use
Lease Details
6,396 VPD
Traffic count
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
33
Businesses Nearby
5k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Dollar General
Shops & Services
5,101 visits/mo
0.1 miles
Demographics for 49112, MI
10,506
Population
4,631
Households
2.3
Avg Household Size
43
Median Age
21%
College-Educated
89%
High-School Grad
43.7 sq mi
ZIP Area
240
Density / Sq Mi
$61,941
Median Household Income
$42,234
Median Earnings
$998
Median Rent
$231,600
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
NNN property - Corporate-guaranteed retail occupancy is structured under an absolute NNN lease with no landlord responsibilities.
Where is this nnn property located?
The property is located at 19663 US-12 Edwardsburg, MI.
What are key features of this property?
This property features: 9,100 SF Dollar General store at 19663 US‑12, Edwardsburg, MI 49112; 15‑year absolute NNN lease with zero landlord responsibilities; Four 5‑year renewal options, each with a 10% rental rate increase
