New Dollar General
7519 E Michigan Ave., Jackson, MI 49201
- Added:
- Nov 21, 2025
- Days on Market:
- 182
- Last Refresh:
- Apr 5 at 8:53 pm
Property Features for 7519 E Michigan Ave.
General Information
- Standard status
- Active
- Property subtype
- Retail
Building Details
- Year Built
- 2025
Listing agent Bryan Bender License #6501319610 (248) 419-3810
Listing office Fortis Net Lease (248) 419-3810
Listing date Nov 21, 2025
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
- 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.
- Strategic corner location on Eastland Street & Michigan Avenue with high visibility and 3,639 cars per day.
- Strong demographics: 5‑mile population of 29,969 and a 1‑mile average household income of $84,775.
- The only dollar store serving the community.
Overview
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.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Storefront properties
Location Insight
- Map
- Local Demand
- City
- Jackson
- County
- Jackson
- State
- Michigan
- Longitude
- -84.292206
- Latitude
- 42.250343
Nearby Similar for Lease
FAQs
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 $2,187,259.
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.
