Dollar General Absolute NNN
For Sale
Contact for pricing
1335 W Michigan Ave, Battle Creek, MI 49037
Newly developed retail location backed by a corporate lease guarantee and structured for passive ownership.
Property Size9,100 SF
Days on Market143
Property Features for 1335 W Michigan Ave
General Information
Standard status
Active
Size
9,100 SF
Property subtype
Retail
Net Operating Income
$93,454
Additional Details
Cap Rate
6.15%
Traffic Count
10,346 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 12
Changed: Aug 31
Last Checked: Aug 30 at 4:14AM
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 9,100 SF Dollar General store is under construction and is scheduled for rent commencement in July 2020. The lease is structured as a 15-year Absolute NNN agreement, with four 5-year renewal options and 10% rental rate increases during each option period. The lease carries a corporate guarantee from Dollar General Corporation, which holds a BBB credit rating classified as Investment Grade.
The property is located at 1335 W Michigan Ave in Battle Creek, Michigan, along W. Michigan Avenue, which records 10,346 cars per day. The site’s five-mile population is 68,423, while average household income within three miles is $47,998 per year. The offering provides fee simple ownership of a nationally recognized Dollar General store with no landlord responsibilities under the lease structure.
The property is located at 1335 W Michigan Ave in Battle Creek, Michigan, along W. Michigan Avenue, which records 10,346 cars per day. The site’s five-mile population is 68,423, while average household income within three miles is $47,998 per year. The offering provides fee simple ownership of a nationally recognized Dollar General store with no landlord responsibilities under the lease structure.
Key Highlights
- 9,100 SF Dollar General store under construction
- 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
10,346 VPD
Traffic count
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
63
Businesses Nearby
16k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Speedway
Shops & Services
12,742 visits/mo
0.5 miles
Marathon Petroleum
Shops & Services
2,632 visits/mo
0.2 miles
Storage Rentals of America
Shops & Services
245 visits/mo
0.1 miles
Demographics for 49037, MI
21,427
Population
9,971
Households
2.1
Avg Household Size
37
Median Age
12%
College-Educated
88%
High-School Grad
19.3 sq mi
ZIP Area
1,110
Density / Sq Mi
$42,598
Median Household Income
$32,024
Median Earnings
$843
Median Rent
$90,600
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
NNN property - Newly developed retail location backed by a corporate lease guarantee and structured for passive ownership.
Where is this nnn property located?
The property is located at 1335 W Michigan Ave Battle Creek, MI.
What are key features of this property?
This property features: 9,100 SF Dollar General store under construction; 15‑year Absolute NNN lease with zero landlord responsibilities; Four 5‑year renewal options, each with a 10% rental rate increase
