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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

e2634 Peterson Rd Trenary, MI 49891

9,100 SF Built 2021
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a 9,100-square-foot Dollar General store located at 2634 Peterson Rd, Trenary, MI 49891. Built in 2021, this property boasts a strong 7.15% cap rate and a substantial net operating income (NOI) of $91,955. The absolute NNN lease, featuring a corporate guarantee from Dollar General, significantly minimizes landlord responsibilities. With over 11 years remaining on the lease term (expiring 01/18/2036) and five 5-year renewal options, this investment offers long-term stability and predictable cash flow. The property benefits from its strategic location on Hwy 41, experiencing over 1,900 vehicles per day. Dollar General, a recession-resistant tenant with a BBB credit rating, enjoys a monopoly in the area, eliminating direct competition. The average household income within a 2-mile radius is $57,211, supporting strong consumer demand. The asking price is $1,286,093, translating to a price per square foot of $141.33. This brick-constructed building represents a secure and lucrative investment opportunity in a desirable location. The property is classified as a convenience store, grocery store, and storefront.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2021
Total area 9,100 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • FedEx OnSite Postal Service Courier Service
  • Dollar General Discount Store
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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