Property profile

7637 Woodbridge Rd Brohman, MI 49312

OFF-MARKET
Lifestyle centers
9,413 SF 2 ac lot Built 2018
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Property summary

AI-generated overview

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

Verified
Property type Lifestyle centers
Year built 2018
Total area 9,413 SF
Lot 2 ac (87,120 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

7637 Woodbridge Rd Brohman, MI 49312
Brohman metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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