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Investment Highlights

  • 7% Cap Rate | $89,769.12 NOI.
  • Highly visible location, Ample parking space.
  • Average HH Income of $70,791 within 5 miles. 9,000+ Population within 5 miles. Zoned NA for versatile use.
  • Strong investment potential.

Executive Summary

Exclusive Realty is pleased to present an exceptional Absolute NNN Dollar General investment opportunity in Bancroft, Michigan, a charming community in Shiawassee County strategically positioned along Lansing Road between the larger employment and retail centers of Lansing, Owosso, and Flint. The property benefits from its location within a predominantly rural and residential trade area, where Dollar General serves as an important source of everyday necessities. The Bancroft location at 4531 Lansing Road is an established Dollar General store offering convenient access to food, snacks, health and beauty products, cleaning supplies, household goods, apparel, seasonal merchandise, and other everyday essentials; Dollar General also lists delivery and other convenience services at the location. Bancroft and the surrounding Shiawassee County market provide residents with a variety of local amenities, including restaurants, convenience stores, markets, banking, schools, community services, parks, and outdoor
recreation. Local destinations include LB's Southern Kitchen, MJ Farms, Bancroft Lions Park, Bancroft Veterans Memorial, and Geeck Road County Park, which provides access to the Shiawassee River along with picnic, pavilion, restroom, and canoe-launch amenities. The broader Shiawassee County market offers additional shopping, healthcare,
dining, education, recreation, cultural attractions, and employment opportunities in Owosso, Corunna, Durand, Perry, and other surrounding communities. The county's tourism and economic-development organizations emphasize its small-town quality of life, business opportunities, festivals, outdoor recreation, historic attractions, restaurants, and access to regional employment centers. Dollar General is one of America's largest discount retailers, with more than 18,000 stores in 46 states, according to the company's store information. Its business model focuses on convenient locations and value-priced merchandise, including food, snacks, health and beauty aids, cleaning supplies, basic apparel, housewares, seasonal products, paper goods, and other household necessities. The Bancroft store is particularly well positioned to serve the community because of the limited amount of competing full-service retail in the immediate area and its role as a convenient neighborhood destination for essential goods. The Absolute NNN lease offers investors a highly passive ownership structure, with the tenant responsible for property taxes, insurance, maintenance, and other operating expenses as provided by the lease. This combination of a nationally recognized essential retailer, established rural trade area, convenient highway location, and minimal landlord responsibilities creates an attractive long-term net-lease investment opportunity for investors seeking dependable income and reduced management obligations.

Data Room Click Here to Access

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Convenience Store
Building Size
9,100 SF
Building Class
C
Year Built
2019
Price
$1,782,430 CAD
Price Per SF
$195.87 CAD
Cap Rate
7%
NOI
$124,770 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
1.99 AC
Zoning
B3 - Commercial
Parking
38 Spaces (4.17 Spaces per 1,000 SF Leased)
Frontage
188’ on Lansing Road
Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Number
011-72-004-001-02
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$663,538 CAD
  • Listing ID: 41790668

  • Date on Market: 2025-07-23

  • Last Updated:

  • Address: 4531 Lansing Rd, Bancroft, MI 48414

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