4582 Brooklyn Rd Jackson, MI 49201

Listing agency Fortis Net Lease b***@fortisnetlease.com Show Phone

Listed by Bryan Bender · License #MI 6501319610

Source Crexi

Added: Apr 11 Updated: Jul 21 at 4:01AM Checked: Jul 21 at 4:01AM

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Investment Insights

Based on property information with market context.

This offering features a single-tenant Dollar General store with an absolute NNN lease structure. The lease began on 6/4/2020 and is currently in place with a 15-year term. The property is described as having zero landlord responsibilities under the lease, with renewal options included: four (5) year options, each providing for a 10% rental rate increase.

The lease is corporately guaranteed by Dollar General Corporation. The public remarks indicate Dollar General is investment grade, with a stated “BBB” credit rating. The store is identified as highly visible, positioned along M-50/Brooklyn Road, with the remarks citing 7,779 cars per day.

The site is presented as suited for fee simple ownership by a 1031 exchange buyer or passive investor, based on the lease term, corporate guarantee, and continued tenant operation noted in the remarks.

Key Highlights

• 9,100 SF Dollar General store in Jackson, MI.
• 15‑year absolute NNN lease with zero landlord responsibilities.
• Corporately guaranteed by Dollar General Corporation (BBB, investment grade).

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FAQs

What type of property is this?

Retail space - Single-tenant Dollar General with a 15-year absolute NNN lease, corporately guaranteed by Dollar General Corporation.

Where is this retail space located?

The property is located at 4582 Brooklyn Rd Jackson, MI.

What are key features of this property?

This property features: 9,100 SF Dollar General store in Jackson, MI.; 15‑year absolute NNN lease with zero landlord responsibilities.; Corporately guaranteed by Dollar General Corporation (BBB, investment grade).