Imlay City Dollar General
526 N Cedar Street, Imlay City, MI 48444
- Added:
- Jan 27, 2026
- Days on Market:
- 115
- Last Refresh:
- Dec 30 at 7:29 pm
Property Features for 526 N Cedar Street
General Information
- Standard status
- Active
- Size
- 10,640 SF
Building Details
- Year Built
- 2021
Listing agent Bryan Bender License #6501319610 (734) 755-6359
Listing office Fortis Net Lease (734) 755-6359
Listing date Jan 27, 2026
Source Fortisnetlease
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
HighLights
- 15‑Year Absolute NNN Lease with Zero Landlord Responsibilities, offering a completely passive investment.
- Investment Grade Credit Rating (BBB) from Dollar General Corporation, ensuring financial stability.
- Built‑to‑Suit (BTS) in 2021, featuring upgraded all‑brick construction and a PLUS SIZE store format.
- 5% Rent Increases Every 5 Years, including at each of the five 5‑year renewal options.
- Strategically located on N Cedar Street with high visibility and significant traffic count (18,278 cars per day).
- Strong local demographics with a 10‑mile population of 36,278 and a 3‑mile average household income of $70,871.
Overview
This property features a 10,640 square foot Dollar General PLUS SIZE store in Imlay City, Michigan, constructed in 2021. The all-brick building operates under a Fifteen-Year Absolute NNN Lease, meaning zero landlord responsibilities. The lease includes 5% rent increases every five years, including at each of the five-year renewal options. The lease is corporately guaranteed by Dollar General Corporation, which holds an investment-grade credit rating of "BBB". The store has been open and operating since October 2021. The property is positioned on N Cedar Street, which sees 18,278 cars per day, and is just off of Old M-21, which sees 7,795 cars per day. It is adjacent to a Marathon gas station and across the street from a Rite Aid Pharmacy. The surrounding area has a ten-mile population of 36,278 and a three-mile average household income of $70,871 per year. Imlay City is located approximately 40 miles west of Port Huron, offering a small-town atmosphere with access to larger population centers. The city maintains six parks and provides recreational activities such as golfing, swimming, hiking, biking, and fishing.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Grocery and convenience stores
Location Insight
- Map
- Local Demand
- City
- Imlay City
- County
- Lapeer
- State
- Michigan
- Longitude
- -83.072156
- Latitude
- 43.019717
FAQs
What type of property is this?
Grocery and convenience store - New Dollar General in Imlay City with long-term NNN lease.
Where is this grocery and convenience store located?
The property is located at 526 N Cedar Street Imlay City, MI.
What is the lease rate?
The lease rate is $1,568,957.
What are key features of this property?
This property features: 15‑Year Absolute NNN Lease with Zero Landlord Responsibilities, offering a completely passive investment.; Investment Grade Credit Rating (BBB) from Dollar General Corporation, ensuring financial stability.; Built‑to‑Suit (BTS) in 2021, featuring upgraded all‑brick construction and a PLUS SIZE store format.
