Dollar General Absolute NNN
For Sale
Contact for pricing
e2634 Peterson Rd, Trenary, MI 49891
Single-tenant Dollar General operates since January 2021 under a new 15-year absolute NNN lease structure.
Property Size9,100 SF
Days on Market124
Property Features for e2634 Peterson Rd
General Information
Standard status
Active
Size
9,100 SF
Property subtype
Retail
Site & Location
Traffic Count
1,700 vehicles/day
Highway Access
Yes
Road Access
Yes
Additional Details
Cap Rate
5.15%
Building Details
Tenancy
Single
Listing Agency:
Fortis Net Lease
(248) 419-3810
Listed By:
Bryan Bender · License #MI 6501319610
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 23 at 12:46AM
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.
A single-tenant Dollar General property with approximately 9,100 SF, positioned for long-term stability under a brand new 15-year Absolute NNN lease. The lease includes five (5) five-year renewal options, each with a 10% rental rate increase. Landlord responsibilities are described as zero under the Absolute NNN structure.
The lease is corporately guaranteed by Dollar General Corporation, which is identified as carrying a “BBB” credit rating classified as investment grade. The store has been open and operating since January of 2021.
The property is highly visible, located on the corner of Peterson Road and US Highway 41, with stated traffic of 1,700 cars per day. The offering is presented for sale as fee simple ownership, including details of nearby demographic figures referenced in the materials.
The lease is corporately guaranteed by Dollar General Corporation, which is identified as carrying a “BBB” credit rating classified as investment grade. The store has been open and operating since January of 2021.
The property is highly visible, located on the corner of Peterson Road and US Highway 41, with stated traffic of 1,700 cars per day. The offering is presented for sale as fee simple ownership, including details of nearby demographic figures referenced in the materials.
Key Highlights
- 9,100 SF single‑tenant Dollar General in Trenary, MI operating since January 2021.
- Brand new 15‑year absolute NNN lease with zero landlord responsibilities.
- Dollar General corporate guarantee by Dollar General Corporation (Investment Grade, “BBB”).
Property Analytics
Current Use
Lease Details
1,700 VPD
Traffic count
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 49891, MI
515
Population
400
Households
1.3
Avg Household Size
52
Median Age
14%
College-Educated
93%
High-School Grad
72.8 sq mi
ZIP Area
7
Density / Sq Mi
$51,250
Median Household Income
$28,462
Median Earnings
$1,375
Median Rent
$140,900
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Single-tenant Dollar General operates since January 2021 under a new 15-year absolute NNN lease structure.
Where is this grocery and convenience store located?
The property is located at e2634 Peterson Rd Trenary, MI.
What are key features of this property?
This property features: 9,100 SF single‑tenant Dollar General in Trenary, MI operating since January 2021.; Brand new 15‑year absolute NNN lease with zero landlord responsibilities.; Dollar General corporate guarantee by Dollar General Corporation (Investment Grade, “BBB”).
