8800 Schaefer Hwy
Detroit, MI 48228
Retail Property For Sale

Investment opportunity in a single-tenant, net-leased Dollar General property located along Schaefer Highway in Detroit, Michigan. This asset is under an absolute NNN lease, providing investors with a stable, hassle-free income stream and zero landlord responsibilities. Dollar General contributes periodic payments for parking lot maintenance and has been operating successfully at this location since 2012.
The store benefits from strong fiscal performance by the tenant, Dollar General, which operates over 20,959 stores nationwide and remains one of the largest and fastest-growing discount retailers in the U.S. This particular location is within a dense urban trade area with more than 20,500 residents within one mile and over 174,000 residents within three miles, along with significant daytime employment activity nearby.
Situated at the high-visibility intersection of Schaefer Highway and Joy Road, the property enjoys a combined traffic count exceeding 34,000 vehicles per day. The site offers easy accessibility and strong positioning among other major national retailers, including Walmart, Home Depot, and CVS. This asset features a remaining primary lease term of approximately 6.5 years, with two five-year extension options and scheduled rent increases of 10% per option period.