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Dollar General Storefront
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57727 Gratiot Ave, New Haven, MI 48048

NNN retail asset with a 7.25% cap rate and an established national tenant.

Property Size9,159 SF
Days on Market143

Property Features for 57727 Gratiot Ave

General Information

Standard status Active
Size 9,159 SF
Property subtype Retail

Additional Details

Cap Rate 7.25%

Building Details

Tenancy Single
Listing Agency: Matthews
Listed By: Meghan Carroll · License #CA 02151705
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 29 at 1:03PM

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

Investment Insights

Based on property information with market context.

This 9,159-square-foot storefront property at 57727 Gratiot Ave in New Haven, Michigan, is occupied by Dollar General and offered with an NNN lease structure. The asset is classified within the storefront property category and presents a defined retail format for commercial ownership.

The property is positioned in a market with a reported five-mile population of 65K. Financial terms include a 7.25% cap rate, providing a specific metric for evaluating the asset alongside its tenant and lease structure.

Key Highlights

  • 9,159 SF Dollar General storefront property
  • NNN lease structure
  • 7.25% cap rate

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Hair Salon Spa & Massage Center Kitchen & Bath Showroom Skin Care Clinic Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

183
Businesses Nearby
68k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 47% Dining 31% Home Improvements & Furnishings 21% Electronics 1%
McDonald's Dining
19,498 visits/mo 0.4 miles
Tractor Supply Co. Home Improvements & Furnishings
14,152 visits/mo 0.3 miles
Valero Energy Shops & Services
9,067 visits/mo 0.5 miles
Mobil Shops & Services
8,158 visits/mo 0.1 miles
Dollar General Shops & Services
7,322 visits/mo 0.1 miles

Demographics for 48048, MI

10,561
Population
3,518
Households
3
Avg Household Size
36
Median Age
16%
College-Educated
89%
High-School Grad
20.1 sq mi
ZIP Area
525
Density / Sq Mi
$68,990
Median Household Income
$35,221
Median Earnings
$1,365
Median Rent
$194,800
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?
Storefront property - NNN retail asset with a 7.25% cap rate and an established national tenant.
Where is this storefront property located?
The property is located at 57727 Gratiot Ave New Haven, MI.
What are key features of this property?
This property features: 9,159 SF Dollar General storefront property; NNN lease structure; 7.25% cap rate
More about this property
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