Property summary
This exceptional investment opportunity presents a fee-simple ownership of a 9,413 square foot Dollar General store in Brohman, Michigan. The property boasts a 16.1-year absolute NNN lease, expiring October 31, 2033, with nine years remaining. The lease includes five, five-year renewal options, each with a 10% rent increase. The tenant, Dollar General Corporation, provides a corporate guarantee and holds an investment-grade credit rating. Built in 2018, this single-story building sits on a two-acre lot at 7637 N Woodbridge Rd, 49312, enjoying high visibility at a major intersection with 5,154 vehicles per day. The property's strong performance is reflected in its 8.10% cap rate and $86,392 net operating income (NOI). The asking price is $1,066,568 ($113.31/sq ft). The location benefits from a 10-mile population of 7,888 and a 10-mile average household income of $54,868. This is an ideal opportunity for a 1031 exchange or passive investor seeking a secure, high-performing retail investment with minimal landlord responsibilities. The property is 100% occupied.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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