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New-Construction NNN Retail Property
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283 8 Mile Rd, Union City, MI 49094

New-construction retail asset leased to Dollar General under a long-term NNN structure.

Property SizeContact for details
Days on Market144

Property Features for 283 8 Mile Rd

General Information

Standard status Active
Property subtype Retail
Listing Agency: InCommercial Inc
Listed By: Sam Derse · License #IL
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 29 at 8:12PM

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 InCommercial Inc

Investment Insights

Based on property information with market context.

This new-construction NNN retail property contains 9,100 SF and is occupied by Dollar General. The current lease runs through July 31, 2034, providing a defined lease term for the buyer. The asset is part of a two-property portfolio that must be acquired together.

The building occupies the southwest corner of 8 Mile Rd and M-60 in Union City, Michigan. Access is available from both roads, and the corner position provides exposure to each thoroughfare. The offering also carries a 5.40% cap rate, with the property structured under a NNN lease.

Key Highlights

  • 9,100 SF new‑construction Dollar General property
  • NNN lease runs through July 31, 2034
  • Southwest corner of 8 Mile Rd and M‑60

Property Analytics

Current Use

Grocery and convenience stores

Suggested Use

Top Pick Real Estate Agency Building Supply HVAC Service Law Firm Storage Facility 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

64
Businesses Nearby
19k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 91% Dining 9%
Dollar General Shops & Services
5,534 visits/mo 0.1 miles
Shell Shops & Services
4,516 visits/mo 0.1 miles
Citgo Shops & Services
3,972 visits/mo 0.1 miles
BP Shops & Services
1,874 visits/mo 0.1 miles
SUBWAY Dining
1,695 visits/mo 0.2 miles

Demographics for 49094, MI

4,091
Population
1,710
Households
2.4
Avg Household Size
40
Median Age
17%
College-Educated
93%
High-School Grad
56.0 sq mi
ZIP Area
73
Density / Sq Mi
$68,688
Median Household Income
$39,259
Median Earnings
$778
Median Rent
$127,000
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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Frequently Asked Questions

What type of property is this?
NNN property - New-construction retail asset leased to Dollar General under a long-term NNN structure.
Where is this nnn property located?
The property is located at 283 8 Mile Rd Union City, MI.
What are key features of this property?
This property features: 9,100 SF new‑construction Dollar General property; NNN lease runs through July 31, 2034; Southwest corner of 8 Mile Rd and M‑60
More about this property
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