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Brand New Dollar General Market

830 S Chestnut St Reed City, MI 49677

830 S Chestnut St, Reed City, MI, 49677
$2,595,359
For Sale
$2,595,359

Brand new 10,640 SF Dollar General Market open since October 2025, secured by a 15-year absolute NNN lease.

Property Size10,640 SF
Price / SF$243.92
Days on Market126

Property Features for 830 S Chestnut St

General Information

Standard status
Active
Size
10,640 SF
Property subtype
Retail
Listing agency Fortis Net Lease
Listed by Bryan Bender · License #6501319610
Source Cpix.resimplifi
Added: Mar 18 Updated: Jul 21 at 5:00AM Checked: Jul 21 at 5:00AM

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.

Fortis Net Lease is pleased to present a brand new 10,640 SF Dollar General Market store in Reed City, Michigan. The property is secured with a 15-year absolute NNN lease structured to leave zero landlord responsibilities. The lease includes 5% rent increases every five years, with five (5-year) renewal options, and it is corporately guaranteed by Dollar General Corporation.

The store is positioned on S Chestnut Street and is described as highly visible, with reported traffic of 5,138 cars per day. The location is across from Reed City Middle School and down the street from the Yoplait factory.

Construction has been completed, and the store has been open and operating successfully since October 2025. The tenant’s prototype is identified as “Market Plus Size,” and the offering is presented as a 1031 exchange or passive investment opportunity based on the information provided.

Key Highlights

  • Brand new 10,640 SF Dollar General Market store completed and open since October 2025
  • Secured by a 15‑year absolute NNN lease with zero landlord responsibilities
  • Lease includes 5% rent increases every 5 years, including at each of 5 (5‑year) renewal options

Property Analytics

Location Intelligence

Current Use by Public Records

U-Haul Neighborhood Dealer Car Rental Facility

Suggested Use

Big Box & Wholesale Store Real Estate Agency Restaurant Parking Lot & Garage Electrical Service Skin Care Clinic Auto Parts Store (Bike/Boat/Book/etc) Store Storage Facility Cafe & Coffee Shop

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Grocery and convenience store - Brand new 10,640 SF Dollar General Market open since October 2025, secured by a 15-year absolute NNN lease.
Where is this grocery and convenience store located?
The property is located at 830 S Chestnut St Reed City, MI.
What is the asking price?
The asking price for this property is $2,595,359.
What are key features of this property?
This property features: Brand new 10,640 SF Dollar General Market store completed and open since October 2025; Secured by a 15‑year absolute NNN lease with zero landlord responsibilities; Lease includes 5% rent increases every 5 years, including at each of 5 (5‑year) renewal options
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