Dollar General Net Lease
26001 Eureka Rd Taylor, MI 48180
For Sale
Contact for pricing
All-brick Dollar General property is renovated in 2024 and offered on an absolute NNN lease with a corporate-backed guarantee.
Property Size7,500 SF
Price / SF$157.42
Days on Market15
Property Features for 26001 Eureka Rd
General Information
Standard status
Active
Size
7,500 SF
Property subtype
RETAIL
Listing Agency:
Matthews Real Estate Investment Services
(424) 269-2947
Listed By:
Erick Volelzang
(424) 269-2947
Source:
Moodyscre
Added: Jul 15
Changed: Jul 27
Last Checked: Jul 29 at 12:16PM
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 Matthews Real Estate Investment Services
Investment Insights
Based on property information with market context.
This for-sale Dollar General net lease retail property is an all-brick building originally developed as a build-to-suit in 2016. The store was renovated in 2024, reflecting continued tenant capital investment in the location.
The lease is described as an absolute NNN structure and is backed by a corporate guarantee from Dollar General Corp., supporting the overall credit profile. The offering states approximately 5.3 years of remaining lease term and includes four 5-year renewal options with 10% rental increases.
The property’s net lease structure is intended to minimize landlord responsibilities while providing durable retail income tied to the tenant’s operations.
The lease is described as an absolute NNN structure and is backed by a corporate guarantee from Dollar General Corp., supporting the overall credit profile. The offering states approximately 5.3 years of remaining lease term and includes four 5-year renewal options with 10% rental increases.
The property’s net lease structure is intended to minimize landlord responsibilities while providing durable retail income tied to the tenant’s operations.
Key Highlights
- Dollar General (NYSE: DG) absolute NNN lease with a corporate guarantee from Dollar General Corp.
- All‑brick Dollar General store renovated in 2024.
- Approximately 5.3 years remaining on the lease term.
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $108.0k | $14.40 |
| − Vacancy | −$6.5k | −$0.86 |
| EGI | $101.5k | $13.54 |
| − OpEx | −$30.5k | −$4.06 |
| NOI | $71.1k | $9.48 |
7,500 SF · lease $14.40/SF/yr · vacancy 6.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.02M
$888.3K – $1.18M
NOI $71,064 @ 7.0% cap · market cap 6.02%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.39M
$1.22M – $1.62M
NOI $97,200 @ 7.0% cap · market cap 8.23%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Storefront property - All-brick Dollar General property is renovated in 2024 and offered on an absolute NNN lease with a corporate-backed guarantee.
Where is this storefront property located?
The property is located at 26001 Eureka Rd Taylor, MI.
What is the asking price?
The asking price for this property is $1,180,628.
What are key features of this property?
This property features: Dollar General (NYSE: DG) absolute NNN lease with a corporate guarantee from Dollar General Corp.; All‑brick Dollar General store renovated in 2024.; Approximately 5.3 years remaining on the lease term.
