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Dollar General Investment Opportunity
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2257 Sunnyside Dr, Cadillac, MI 49601

Single-tenant Dollar General in Cadillac, MI with long-term lease.

Property Size9,100 SF
Price / SF$137.29
Days on Market188

Property Features for 2257 Sunnyside Dr

General Information

Standard status Active
Size 9,100 SF
Property subtype Retail
Lease Type Absolute Net
Net Operating Income $93,700

Building Details

Year Built 2019
Tenancy Single
Listing Agency: Marcus & Millichap - South Bay
Listed By: Kevin King · License #CA 01158184
Source: Crexi
Added: Feb 14 Changed: Aug 14 Last Checked: Aug 20 at 5:35PM

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 Marcus & Millichap - South Bay

Investment Insights

Based on property information with market context.

The property at 2257 Sunnyside Drive in Cadillac, Michigan, presents the opportunity to acquire a single-tenant Dollar General. The property is leased to Dollar General Corporation, a BBB credit-rated tenant. Constructed in 2019, this freestanding retail building consists of approximately 9,100 square feet of gross leasable area. The lease commenced on June 3, 2019, and expires on June 30, 2034, offering over 8 years of remaining primary term. The lease includes 10 percent rent increases and four five-year renewal options. Dollar General operates more than 19,000 locations nationwide, focusing on necessity-based retail serving value-oriented consumers, particularly in rural and secondary markets. The property benefits from modern construction and a long-term lease structure.

Key Highlights

  • Long‑term lease with approximately 8+ years remaining, providing stable income.
  • Credit‑tenant Dollar General (BBB rated) provides secure, reliable income.
  • Newer construction (2019) minimizes capital expenditure risk.

Property Analytics

Current Use

FedEx OnSite Postal Service Western Union Bank Dollar General Discount Store

Suggested Use

Top Pick Building Supply Hair Salon Grocery & Convenience Store (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Home Appliance Store

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

96
Businesses Nearby
Well-served
Demand for This Use

Demographics for 49601, MI

21,564
Population
10,734
Households
2
Avg Household Size
43
Median Age
25%
College-Educated
91%
High-School Grad
220.0 sq mi
ZIP Area
98
Density / Sq Mi
$65,704
Median Household Income
$37,347
Median Earnings
$856
Median Rent
$166,500
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
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Similar Off Market Nearby

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Frequently Asked Questions

What type of property is this?
Grocery and convenience store - Single-tenant Dollar General in Cadillac, MI with long-term lease.
Where is this grocery and convenience store located?
The property is located at 2257 Sunnyside Dr Cadillac, MI.
What is the asking price?
The asking price for this property is $1,249,333.
What are key features of this property?
This property features: Long‑term lease with approximately 8+ years remaining, providing stable income.; Credit‑tenant Dollar General (BBB rated) provides secure, reliable income.; Newer construction (2019) minimizes capital expenditure risk.
(562) 257-1246 Call to check price and availability
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