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Family Dollar-Anchored Retail Property

8321 Mill St, Vanderbilt, MI 49795

For Sale
Contact for pricing

The retail property serves local shoppers, seasonal visitors, and travelers along a route connecting with I-75.

Property Size8,320 SF
Price / SF$83.53
Days on Market151

Property Features for 8321 Mill St

General Information

Standard status Active
Size 8,320 SF
Property subtype Retail
Lease Type NN
Investment Type Net Lease
Net Operating Income $73,189

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Tenant in Place Yes

Building Details

Year Built 2017
Tenancy Single
Listing Agency: Matthews
Listed By: Connor Olandt · License CA #01985082
Source: Crexi
Added: Jun 17 Changed: Nov 6 Last Checked: Nov 12 at 4:55AM

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

Rey
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Investment Insights

Based on property information with market context.

This 8,320-square-foot retail property at 8321 Mill St in Vanderbilt is occupied by Family Dollar. Its location on Mill Street provides access to I-75, connecting the site with a wider area beyond Vanderbilt and nearby Otsego County communities.

The surrounding Northern Michigan region includes lakes, trails, campgrounds, and state forest land. Hunting, fishing, boating, snowmobiling, and ORV recreation draw residents and visitors through the area across the seasons.

Key Highlights

  • 8,320‑square‑foot retail property occupied by Family Dollar
  • Mill Street location with immediate access to I‑75
  • Northern Michigan setting near lakes, trails, campgrounds, and state forest land

Property Analytics

Who owns this building? See the owner, sales and loan history
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Current Use

Family Dollar Discount Store

Suggested Use

Top Pick Plumbing Service Storage Facility Kitchen & Bath Showroom Hair Salon Auto Repair Shop Nail Salon

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

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

64
Businesses Nearby
3k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Family Dollar Shops & Services
3,005 visits/mo 0.0 miles

Demographics for 49795, MI

2,087
Population
1,197
Households
1.7
Avg Household Size
46
Median Age
13%
College-Educated
86%
High-School Grad
133.9 sq mi
ZIP Area
16
Density / Sq Mi
$57,367
Median Household Income
$37,589
Median Earnings
$918
Median Rent
$162,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Retail space - The retail property serves local shoppers, seasonal visitors, and travelers along a route connecting with I-75.
Where is this retail space located?
The property is located at 8321 Mill St Vanderbilt, MI.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: 8,320‑square‑foot retail property occupied by Family Dollar; Mill Street location with immediate access to I‑75; Northern Michigan setting near lakes, trails, campgrounds, and state forest land
(818) 618-4522 Call to check price and availability
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