New Dollar General Plus
2033 N Reynolds Rd, Interlochen, MI 49643
New Dollar General Plus store with a 15-year absolute NNN lease.
Property size:
10,640 SF- Added:
- Jan 27, 2026
- Days on Market:
- 115
- Last Refresh:
- Jan 28 at 7:30 pm
Property Features for 2033 N Reynolds Rd
General Information
- Standard status
- Active
- Size
- 10,640 SF
Building Details
- Year Built
- 2023
Listing agent Bryan Bender License #6501319610 (734) 755-6359
Listing office Fortis Net Lease (734) 755-6359
Listing date Jan 27, 2026
Source Fortisnetlease
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All listing content including descriptions, pricing, images are the copyrighted material of Fortis Net Lease
HighLights
- New 15‑Year Absolute NNN Lease with Zero Landlord Responsibilities, offering a completely passive investment.
- Corporate Guaranty from Dollar General Corporation with an Investment Grade “BBB” Credit Rating.
- Attractive Rental Rate Increases: 5% every 5 years, including option periods.
- Strategically positioned on a hard corner with high visibility, seeing 10,287 cars per day.
- New, Plus Size Construction (built in 2023) with larger store format.
- Strong Demographics: 3‑mile average household income of $76,120 and a 10‑mile population of 34,544.
Overview
This is a new 10,640 square foot Dollar General Plus store in Interlochen, Michigan. The property is secured with a 15-year absolute NNN lease, meaning there are zero landlord responsibilities. The lease includes 5% rental rate increases every 5 years, including at each of the five 5-year renewal options. The lease is corporately guaranteed by Dollar General Corporation, which holds a credit rating of "BBB". Construction was completed and the store opened in September 2023. The Dollar General is positioned on the corner of N Reynolds Road and Honor Highway, with a traffic count of 10,287 cars per day. The population within a 10-mile radius is 34,544, and the average household income within a 3-mile radius is $76,120. The property is located approximately 15 miles southwest of Traverse City, known for its forests and lakes. The surrounding Pere Marquette State Forest provides opportunities for outdoor recreation. The Interlochen Center for the Arts is nearby, offering concerts, performances, and exhibitions. Interlochen State Park, Michigan's first state park, offers campsites along Green Lake and Duck Lake. The property represents an opportunity for a 1031 exchange buyer or a passive investor to attain ownership of Dollar General.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Dollar General
Discount Store
Location Insight
- Map
- Local Demand
- City
- Interlochen
- County
- Grand Traverse
- State
- Michigan
- Longitude
- -85.858962
- Latitude
- 44.660673
FAQs
What type of property is this?
Grocery and convenience store - New Dollar General Plus store with a 15-year absolute NNN lease.
Where is this grocery and convenience store located?
The property is located at 2033 N Reynolds Rd Interlochen, MI.
What is the lease rate?
The lease rate is $1,614,075.
What are key features of this property?
This property features: New 15‑Year Absolute NNN Lease with Zero Landlord Responsibilities, offering a completely passive investment.; Corporate Guaranty from Dollar General Corporation with an Investment Grade “BBB” Credit Rating.; Attractive Rental Rate Increases: 5% every 5 years, including option periods.
