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Dollar General 7519 E Michigan Ave 10,640 SF Retail Building Jackson, MI 49201 $3,061,988 CAD ($287.78 CAD/SF) 6.85% Cap Rate



Investment Highlights
- 2 Points of Ingress/Egress | Easily Accessible from 2 Streets
- 5% Rental Rate Increases Every 5 Years!
- The Only Dollar Store Serving This Community!
- 2025 BTS Plus Size Construction | Now Open!
- 5 Mile Population 29,969 | 1 Mile Household Income $84,775
Executive Summary
This Dollar General is highly visible as it is strategically positioned on the corner of Eastland Street & Michigan Avenue which sees 3,639 cars per day. This is the only dollar store serving the community! The 5 mile population from the site is 29,969 and the 1 mile average household income is $84,775 per year, making this location ideal for a Dollar General. The Subject offering represents an ideal opportunity for a 1031 exchange buyer or a “passive” investor to attain the fee simple ownership of Dollar General. This investment will offer a new owner continued success due to the financial strength and the proven profitability of the tenant, the nation’s top dollar store. List price reflects a 6.85% cap rate based on NOI of $147,640.
Property Facts
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Retailer
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
Dollar General began in 1939 as J.L. Turner and Son Wholesale Company, a dry-goods business started by J.L. Turner and Cal Turner Sr., and the first Dollar General store opened in the mid-1950s. The company operates a discount retail model through Dollar General, DG Market, DGX, and pOpshelf formats, serving customers with food, health and wellness products, cleaning and laundry supplies, self-care and beauty items, seasonal décor, private brands, and national labels. Dollar General supports online shopping and positions itself around affordable everyday goods and community-focused services.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
Retailer | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 |
Property Taxes
| Parcel Number | 000-09-34-476-009-00 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $829,708 CAD |
Property Taxes
Presented by
Dollar General | 7519 E Michigan Ave
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