3607 68Th St SE Caledonia, MI 49316

This exceptional investment opportunity presents a 9,301 square foot Dollar General store in Caledonia, MI, a thriving suburban market near Grand Rapids. Built in 2013, this Class A property sits on 1.83 acres and boasts an absolute NNN lease with a credit-rated tenant, ensuring minimal landlord responsibilities. The lease, commencing October 16, 2013, and expiring October 31, 2028, has approximately 4.5 years remaining, with five 5-year renewal options, each including rent increases. The property enjoys a 7.00% cap rate and a strong NOI of $94,905. Its prime location on 68th Street, a major retail corridor, benefits from proximity to significant residential developments, Gerald R. Ford International Airport, and a substantial concentration of industrial and distribution facilities, including a large Amazon fulfillment center. The property's strategic placement within a rapidly growing area, coupled with the long-term lease and strong tenant, makes this a compelling investment prospect. The asking price is $1,355,785, translating to $145.77 per square foot. The property is 100% occupied since its opening.