Commercial Real Estate in Arcadia available for sale
Arcadia NNN Properties For Sale

NNN Properties for Sale within 50 kilometers of Arcadia, MI, USA

More details for 2033 Reynolds Rd, Interlochen, MI - Retail for Sale

Dollar General - 2033 Reynolds Rd

Interlochen, MI 49643

  • NNN Property
  • Retail for Sale
  • $2,225,777 CAD
  • 10,640 SF

Interlochen Retail for Sale

Fortis Net Lease is pleased to present this new 10,640 SF. Dollar General Plus store located in Interlochen, Michigan. The property is secured with a 15 year Absolute NNN Lease leaving zero landlord responsibilities. The lease contains 5% rental rate increases every 5 years including at each of the 5 (5 year) options to renew! The lease is corporately guaranteed by Dollar General Corporation which holds a credit rating of “BBB”, which is classified as Investment Grade. The store completed construction & successfully opened for business in September 2023. This Dollar General is highly visible as it is strategically positioned on the hard corner of N Reynolds Road & Honor Highway which sees 10,287 cars per day. The 10 mile population from the site is 34,544 while the 3 mile average household income is $76,120 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 small box discount retailer. List price reflects a 6.75% cap rate based on NOI of $108,143.04.

Contact:

Fortis Net Lease

Date on Market:

2024-06-23
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More details for 11802 Chippewa Hwy, Bear Lake, MI - Retail for Sale

Dollar General - Bear Lake - 11802 Chippewa Hwy

Bear Lake, MI 49614

  • NNN Property
  • Retail for Sale
  • $836,333 CAD
  • 8,125 SF

Bear Lake Retail for Sale

This offering features a 100% occupied, single-tenant Dollar General store located in Bear Lake, Michigan, as part of a 7-property portfolio of NNN leased assets. The 8,125 SF freestanding retail building sits on a 1-acre parcel along US-31 (Chippewa Highway)—a key corridor through Northwest Michigan with over 5,000 vehicles per day. The property is backed by a corporate-guaranteed lease with approximately 4–5 years of term remaining, offering investors stable cash flow with minimal landlord responsibilities. The annual NOI reflects a strong return profile in a recession-resistant, essential retail category. Strategically positioned in a growing rural trade area with 0.0% vacancy, the site benefits from limited local competition and consistent traffic from surrounding communities. With a robust parking ratio and well-maintained construction, this Dollar General meets both national tenant standards and long-term investment criteria.

Contact:

Stonepoint CRE

Property Subtype:

Freestanding

Date on Market:

2025-08-07
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