New Dollar General
For Lease
$2,155,328 NNN
7519 E Michigan Ave., Jackson, MI 49201
New Dollar General store in Jackson, Michigan, opened in 2025.
Space SizeContact for details
Days on Market273
Property Features for 7519 E Michigan Ave.
General Information
Standard status
Active
Property subtype
Retail
Net Operating Income
$147,640
Building Details
Year Built
2025
Listing Agency:
Fortis Net Lease
(734) 755-6359
Listed By:
Bryan Bender · License #6501319610
(734) 755-6359
Source:
Fortisnetlease
Added: Nov 21, 2025
Changed: Aug 8
Last Checked: Aug 20 at 5:29AM
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
Investment Insights
Based on property information with market context.
This is a 10,640 square foot Dollar General Plus store located in Jackson, Michigan. Completed in 2025, the property is secured with a 15-year Absolute NNN Lease, offering zero landlord responsibilities. The lease includes 5% rental rate increases every 5 years, including at each of the five 5-year renewal options. The lease is corporately guaranteed by Dollar General Corporation, which holds a credit rating of "BBB". The store opened for business in July 2025. The property is positioned on the corner of Eastland Street and Michigan Avenue, which sees 3,639 cars per day. It is the only dollar store serving the community. The surrounding area has a 5-mile population of 29,969, and the 1-mile average household income is $84,775 per year. The property is suitable for a 1031 exchange buyer or a passive investor seeking fee simple ownership. The investment offers continued success due to the financial strength and profitability of Dollar General. The property is located in Jackson, Michigan, approximately 40 miles west of Ann Arbor and 35 miles south of Lansing. The location is known for its growing arts and culture scene, local shops, restaurants, and access to parks and recreation areas.
Key Highlights
- Brand new 2025 build‑to‑suit Dollar General Plus store with a 15‑year absolute NNN lease, offering zero landlord responsibilities.
- Corporate guaranty from Dollar General Corporation with an investment‑grade “BBB” credit rating.
- Favorable lease terms including 5% rental rate increases every 5 years, and at each of the five 5‑year renewal options.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
13
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 49201, MI
47,747
Population
18,102
Households
2.6
Avg Household Size
41
Median Age
23%
College-Educated
92%
High-School Grad
155.0 sq mi
ZIP Area
308
Density / Sq Mi
$71,714
Median Household Income
$36,390
Median Earnings
$945
Median Rent
$202,900
Median Home Value
Market
Lease Benchmarks for Jackson, MI
$11.68 /SF/Yr
Avg Asking Price
$10.39–$12 /SF/Yr
Price Range
6,912 SF
Avg Space Size
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - New Dollar General store in Jackson, Michigan, opened in 2025.
Where is this storefront property located?
The property is located at 7519 E Michigan Ave. Jackson, MI.
What is the lease rate?
The lease rate is $2,155,328.
What are key features of this property?
This property features: Brand new 2025 build‑to‑suit Dollar General Plus store with a 15‑year absolute NNN lease, offering zero landlord responsibilities.; Corporate guaranty from Dollar General Corporation with an investment‑grade “BBB” credit rating.; Favorable lease terms including 5% rental rate increases every 5 years, and at each of the five 5‑year renewal options.
