e2634 Peterson Rd Trenary, MI 49891
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.
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FedEx OnSite Postal Service Courier Service
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Dollar General Discount Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.