New Dollar General Investment
For Sale
Contact for pricing
2463 N Marshall Rd, Honor, MI 49640
New Dollar General in Honor, MI with long-term NNN lease.
Property Size10,640 SF
Price / SF$216.09
Days on Market166
Property Features for 2463 N Marshall Rd
General Information
Standard status
Active
Size
10,640 SF
Total Parking Spaces
35
Property subtype
Retail
Zoning
Commercial
Occupancy
100%
Lease Type
Absolute Net
Investment Type
Net Lease
Net Operating Income
$149,448
Building Details
Year Built
2026
Buildings
1
Stories
1
Units
1
Tenancy
Single
Listing Agency:
Fortis Net Lease
(248) 419-3810
Listed By:
Bryan Bender · License #MI 6501319610
Source:
Crexi
Added: Mar 8
Changed: Aug 8
Last Checked: Jul 22 at 1:02PM
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 property features a Dollar General Plus store in Honor, Michigan. Completed in February 2026, the store is strategically located on the corner of N Marshall Road and Highway 31, benefiting from high visibility and traffic of 8,136 cars per day. The surrounding area within a 10-mile radius has a population of 13,727, and the average household income within a 3-mile radius is $96,709 per year. The property is suitable for a 1031 exchange buyer or a passive investor. The offering includes fee simple ownership of the Dollar General. The property is secured with a 15-year Absolute NNN Lease, with zero landlord responsibilities. The lease includes 5% rental rate increases every 5 years, including at each of the five 5-year options to renew. The lease is corporately guaranteed by Dollar General Corporation, which holds an investment-grade credit rating of "BBB".
Key Highlights
- Brand new (2026) Dollar General Plus store with a 15‑year Absolute NNN Lease, offering zero landlord responsibilities.
- Corporately guaranteed lease by Dollar General Corporation (credit rating “BBB” - Investment Grade).
- Located in Honor, Michigan, near popular northern Michigan attractions.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
42
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 49640, MI
1,501
Population
1,236
Households
1.2
Avg Household Size
53
Median Age
42%
College-Educated
92%
High-School Grad
64.0 sq mi
ZIP Area
23
Density / Sq Mi
$83,750
Median Household Income
$36,071
Median Earnings
$805
Median Rent
$285,000
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?
Grocery and convenience store - New Dollar General in Honor, MI with long-term NNN lease.
Where is this grocery and convenience store located?
The property is located at 2463 N Marshall Rd Honor, MI.
What is the asking price?
The asking price for this property is $2,299,200.
What are key features of this property?
This property features: Brand new (2026) Dollar General Plus store with a 15‑year Absolute NNN Lease, offering zero landlord responsibilities.; Corporately guaranteed lease by Dollar General Corporation (credit rating “BBB” - Investment Grade).; Located in Honor, Michigan, near popular northern Michigan attractions.
