Property profile

2634 Peterson Rd Trenary, MI 49891

OFF-MARKET
Other commercial real estate
Property ID
US43-1939039
2.68 ac lot
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

A single-tenant retail property leased on a triple-net (NNN) basis to Dollar General. The building is approximately 9,100 square feet and is located along Highway 41, providing visibility to traffic in the area (about 1,900 vehicles per day as cited in the listing). The property is configured for a Dollar General use and is situated in a market context described as having no direct competition in the immediate vicinity. The listing also indicates the tenant has a referenced S&P credit rating of “bbb,” and that the existing lease term was reported as having approximately 10.5 years remaining at the time of the listing; the tenant has operated through multiple economic cycles and has been recognized for operational resilience during the COVID-19 pandemic.

Property profile

Verified
Property type Other commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 2.68 ac (116,741 SF)
APN 005-119-013-10
UPID US43-1939039

Cap rate & NOI

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

Location

2634 Peterson Rd Trenary, MI 49891
Trenary metro Census 300
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Value estimations

Realmo proprietary · 4 methods
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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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