Building Details

Year Built 2019

Buildings 1

Stories 1

Units 1

Listing Agency: Berkshire Hathaway HomeServices Michigan Real Estate

Listed By: Joshua Nagy · License #6506046197

Source: Crexi

Added: Mar 10 Changed: Aug 8 Last Checked: Aug 8 at 11:51AM

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Investment Insights

Based on property information with market context.

This 9,100 sq. ft. commercial property is located in the heart of downtown Vandalia, MI. Currently leased to Dollar General, the property has approximately 9 years remaining on an absolute triple net lease, with 4 extension options. The property benefits from a highly visible location, strong community presence, and convenient access. Positioned in a central downtown setting, the property provides excellent exposure and steady traffic. This property presents a long-term investment potential.

Key Highlights

• Leased to Dollar General with approximately 9 years remaining on an absolute triple net lease.
• 9,100 sq. ft. building in a central downtown location.
• High visibility and strong community presence.

Property Analytics

Property Profile

Current Use

Western Union Bank Dollar General Discount Store

Suggested Use

Top Pick Building Supply Storage Facility Garden Center Big Box & Wholesale Store Bakery Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

31

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 49095, MI

2,036

Population

1,345

Households

1.5

Avg Household Size

50

Median Age

21%

College-Educated

90%

High-School Grad

28.6 sq mi

ZIP Area

71

Density / Sq Mi

$86,577

Median Household Income

$44,148

Median Earnings

$1,092

Median Rent

$250,800

Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Storefront property - Commercial property leased to Dollar General in downtown Vandalia, MI.

Where is this storefront property located?

The property is located at 18043 State Street Vandalia, MI.

What is the asking price?

The asking price for this property is $1,300,000.

What are key features of this property?

This property features: Leased to Dollar General with approximately 9 years remaining on an absolute triple net lease.; 9,100 sq. ft. building in a central downtown location.; High visibility and strong community presence.