Property summary
This exceptional investment opportunity presents a brand-new, 12,480-square-foot Dollar General store in Oscoda, Michigan. The property boasts a 15-year absolute NNN lease, commencing January 28, 2024, and expiring January 31, 2039, with a remaining term of 14.2 years. This provides a passive income stream with zero landlord responsibilities. The lease includes attractive 5% rent increases every five years, ensuring consistent growth in rental income. Dollar General, a credit-rated tenant… with a corporate guarantee, holds a "BBB" credit rating, signifying investment-grade stability. The store is situated on a 1.95-acre lot with 37 parking spaces and benefits from a high-traffic location on F-41, seeing 6,786 cars daily at a signalized intersection. Its proximity to Alpena Community College and Oscoda-Wurtsmith Airport further enhances its appeal. The property's strong demographics include an 11,166 population within a ten-mile radius and a three-mile average household income of $49,878. The asking price of $1,994,388 reflects a 6.70% cap rate based on a net operating income (NOI) of $133,624. The lease includes five five-year renewal options, each with a 5% rent increase. This fee-simple ownership presents a compelling opportunity for 1031 exchange buyers or passive investors seeking a secure, high-return retail investment. The building, constructed in 2024, is a single-story structure with commercial zoning. This is a plus-sized, super-sized prototype Dollar General store.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2024
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
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
6 recorded sales · 6 properties nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- Lot area
- 1.92 ac
- APN
- 064A3500006750
- Assessed value · 2024
- $183,300
- Annual tax · 2024
- $1,691
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
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.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
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.
The mortgage data is behind the paid report: 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.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
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- Alternative use
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