Property summary
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.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with a plan.
Debts
Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.
Property tax
Value estimate
· Nov 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
Price anchors at 6 / 6.5 / 7% — in the full report.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
8 properties nearbyComparable nearby
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $199/month
- GBA
- 9,301 SF
- Lot area
- 1.83 ac
- Year built
- 2013
- Stories
- 1
- APN
- 41-22-02-400-035
- Zoning
- C1-NBHD COMM
- Assessed value · 2023
- $445,100
- Estimated market rent / SF
- Potential gross income
- Vacancy allowance
- Effective gross income
- Benchmark operating expenses
- Stabilized NOI
- Selected cap rate
- Retail Stores · current use
- Office Building
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $199/month
Derived from the Caledonia market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with a plan - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
The mortgage data comes with a plan: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
Rey answers here. ChatGPT, Grok and Claude get the same data packet.
Includes: Price & PSF · Cap rate · Location · Zoning
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- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
- Location Analytics
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- Local Market trends
- Zoning Insight
- Location Analytics
- 1,500 Targeted Leads a month
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- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
- Location Analytics
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