Gaylord Retail for Sale

Fortis Net Lease is pleased to present this 2025 BTS 10,640 SF. Dollar General Plus store located in Gaylord, 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 has completed construction & successfully opened for business in August 2025. This Dollar General is highly visible as it is strategically positioned off of Old US Highway 27 S in a limited competition area with the next dollar store over 7 miles away. The 10 mile population from the site is 14,950 and the 3 mile average household income is $72,196 per year, making this location ideal for a Dollar General. This is a high growth area with the 3 mile population growth rate at 9.16%! 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 6.70% cap rate based on NOI of $154,335.

Property Subtype:

Convenience

Date on Market:

2025-07-11

Livonia Retail for Sale - Southern I-275 Corridor

Surmount is pleased to present the exclusive listing for a Red Lobster located at 29980 Plymouth Road, Livonia, MI 48150. The site consists of roughly 8,141 rentable square feet of building space on an estimated 1.94-acre parcel of land. This Red Lobster is subject to a --year Triple Net (NNN) lease, which commenced -. The current annual rent is $195,153 and has scheduled increases of 2.00% annually.

Property Subtype:

Restaurant

Date on Market:

2025-07-11

Mt Pleasant Retail for Sale

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Property Subtype:

Freestanding

Date on Market:

2025-06-16

Muskegon Retail for Sale - Muskegon Heights

1.5 Acre Outlot available for sale at West Village Mall which is a major shopping center located at the northeast corner of Sherman Boulevard and Henry Street in Muskegon, MI. Anchored by Planet Fitness with excellent visibility, West Village Mall offers prime opportunities for retail, office, and service businesses. Don’t miss out on this exceptional location!

Property Subtype:

Storefront

Date on Market:

2025-06-13

Marshall Retail for Sale - Eastern Calhoun County

Investment triple net lease property for sale with corporate guarantee.

Property Subtype:

Funeral Home

Date on Market:

2025-06-04

Battle Creek Retail for Sale - Battle Crk/W Calhoun Cnty

Property Subtype:

Funeral Home

Date on Market:

2025-06-04

Bellevue Retail for Sale - Outlying Eaton County

Property Subtype:

Funeral Home

Date on Market:

2025-06-04

Cheboygan Retail for Sale

SVN / Investment Property Advisors is pleased to present this large quality build to suit long-term NNN leased Walgreens with drive-thru on nearly 2 acres and just a quarter mile from McLaren Northern Michigan medical center and across from Cheboygan County Courthouse. Located at signalized intersection on primary commercial corridor (S. Main or M-27) with lots of nearby national retail including a Walmart Supercenter and Family Fare across the street. There are no CVS Pharmacy, Rite Aid or other Walgreen's competition within 30 miles. Cheboygan is a city in Northern Michigan just 25 miles from Mackinac Bridge and famous Mackinaw Island. The store is located on the primary commercial corridor (over 13k VPD) which is Main St, aka M-27, around a quarter mile from McLaren Medical Center and across the street from Cheboygan County Courthouse. Area retailers include a Walmart Supercenter, Family Fare, Dollar Tree, AutoZone, Advance Auto Parts, Dunham's, Ace Hardware, McDonalds, Arbys, Burger King and many more. Next to Fleetwood Inn on Cheboygan River with quick access to Lake Huron, Mackinaw City, Mackinac Bridge and Mackinac Island.

Property Subtype:

Drug Store

Date on Market:

2025-05-12

Norton Shores Retail for Sale - Muskegon Heights

We are pleased to market for sale the Walgreens property located at 1171 E Sherman Boulevard, Norton Shores, MI 49444 (the “Property”). Walgreens has 3 years of firm term remaining before the option periods. Walgreens operates under an absolute triple net lease, which provides for no landlord obligations whatsoever and calls for a 5% increase in the first four options. The Property is located along Sherman Boulevard, a primary east-west thoroughfare in the Muskegon area. It is located within a high-traffic commercial corridor and positioned less than a mile west of Westshore Plaza, a 959,000-square-foot retail center anchored by Sam’s Club, Walmart Supercenter, and Lowe’s. The Property is also located adjacent to the Trinity Health Muskegon Hospital Campus, a 358-bed full-service medical facility. Norton shores is positioned at the intersection US-31 and I-96 which provide strong connectivity to Grand Rapids and other regional hubs in the surrounding area. Nestled along Lake Michigan’s eastern shore, Norton Shores and neighboring Muskegon boast over 32 miles of scenic shoreline, state parks, and regional attractions like Michigan’s Adventure and the USS Silversides Submarine Museum. Listed in conjunction with Brian Brockman, Bang Realty - Michigan Inc, 513-898-1551, wg@bangrealty.com, MI DRE Lic. 6502428679.

Property Subtype:

Drug Store

Date on Market:

2025-04-29

Lincoln Park Retail for Sale - Downriver North

Surmount is pleased to present the exclusive listing for a Former Wendy's located at 1055 Fort Street, Lincoln Park, MI 48146. The site consists of roughly 3,128 rentable square feet of building space on an estimated .88 -acre parcel of land.

Property Subtype:

Fast Food

Date on Market:

2025-03-20

Shelby Township Office for Sale - Macomb West

Heartland Dental operates as a dental practice management organization with headquarters in Effingham, Illinois. It provides support through continuing education; and management services, such as staffing, human relations, purchasing, administration, financial, marketing and information technology support. Heartland Dental is focused on positively impacting dentistry with the goal of offering dentists the freedom to focus on their craft. This culture is sustained with continuing education and ongoing leadership development at all levels of the organization. Heartland Dental has expanded to over 20,000 team members in over 1,800 supported office with over 2,400 supported doctors across 38 states. They are able to differentiate themselves from competition to become what they are today. They provide dentists, hygienists, and non-clinical team members with world-class non-clinical administrative and operational support to help them achieve sustainable professional and financial growth. Located in west Macomb County, 20 miles north of Detroit and eight miles west of Anchor Bay, Shelby Township is home to roughly 75,000 residents. The township is home to 1,200 acres of parks, the 4,000-acre Stony Creek Metropark, and the Macomb Orchard Trail, a 24-mile hiking and biking path. Shelby Township is also home to several vibrant business districts that offer different options for commercial and industrial development with easy access to the township’s first-rate infrastructure as well as its affluent residential neighborhoods.

Property Subtype:

Medical

Date on Market:

2025-03-06

Ortonville Industrial for Sale - St Clair & Lapeer Counties

Prime Investment - Industrial Property Consisting of 27,419 SF and Situated on a 1.61 AC Lot. Tenant has renewed a 2-year renewal November 2024 with no more options remaining.

Property Subtype:

Warehouse

Date on Market:

2025-03-05

Grand Rapids Retail for Sale - Central Grand Rapids

This is a rare investment opportunity to acquire a high-performing Noxx Cannabis retail location in Grand Rapids, Michigan, offered as a sale-leaseback with a 15-year absolute NNN lease in place. Positioned along a high-traffic corridor, this property benefits from exceptional road visibility, strong consumer demand, and special land use approval for cannabis retail, making it a highly sought-after asset in a competitive market.

Property Subtype:

Storefront Retail/Office

Date on Market:

2025-02-14

Parchment Retail for Sale - NE Kalamazoo County

NNN Pro is pleased to present the exclusive listing for a Dollar General located at 530 South Riverview Drive, Parchment, MI 49004. The site consists of roughly 9,578 rentable square feet of building space on an estimated 1.17-acre parcel of land. This Dollar General is subject to a 15-year Triple Net (NNN) lease, which commenced 6/14/2014. The current annual rent is $104,400 and has scheduled increases in options.

Property Subtype:

Freestanding

Date on Market:

2025-02-03

Grand Blanc Office for Sale - Flint

Move in to a pristine office with no maintenance. Great for attorney's, CPA's, medical office etc. Situated within a business condominium, the property requires no maintenance responsibilities from the buyer. Conveniently located near Oakland County and in growing southern Genesee County, this is a prime investment in a thriving area. Strong Demographics and Growing Population: Affluent Community: Grand Blanc Township has a higher median income compared to many surrounding areas, indicating strong local purchasing power. Population Growth: The township has experienced steady growth, with a mix of families, professionals, and retirees, which creates diverse customer bases for businesses. Strategic Location and Accessibility Desirable Living Conditions: Grand Blanc offers great schools, parks, recreational opportunities, and safe neighborhoods, making it an attractive place for families and employees to live and work. Community Engagement: The township hosts local events, farmer’s markets, and festivals that draw residents and visitors, helping to drive local business traffic. Access to Talent: The area benefits from a well-educated workforce thanks to proximity to universities and community colleges, including the University of Michigan-Flint and Mott Community College. Proximity to Major Cities: Grand Blanc Township is conveniently located near Flint and has easy access to Detroit, Ann Arbor, and Lansing. Transportation Hubs: The area has direct access to major highways like I-75 and US-23, enabling efficient movement for customers, employees, and logistics. Flint Bishop International Airport: Located nearby, it provides regional and national connectivity for business travel and shipping

Property Subtype:

Medical

Date on Market:

2025-01-04

Novi Retail for Sale - Central I-96 Corridor

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN leased, freestanding Carvana investment property located in Novi, Michigan (Detroit MSA). The tenant, Carvana, LLC has approximately 17 years remaining with 4 (5-year) options to extend, demonstrating their long-term commitment to the site. The lease features increases equal to the lesser of (i) 7.92337% or (ii) 1.25x CPI throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for a passive investor.

Property Subtype:

Auto Dealership

Date on Market:

2024-11-07

Oxford Retail for Sale - St Clair & Lapeer Counties

53 S. Washington, location in the heart of Downtown Oxfords' main downtown shopping district. Located directly across from the Oxford bank and trust and the Oxford movie theater. The building consists of over 5000sf of completely renovated space. It offers a desirable private parking lot, consisting of over 20 parking spaces for exclusive use. The building is home to two tenants, M.J. Electric and Choice Therapeutics. The building has 4 rooftop HVAC units, 3 of the 4 are new within the past three years. The building is in overall great shape and a staple location to Oxford!! M.J. Electric occupies 3,339sf, while Choice Therapeutics occupies 1,665sf. M.J. Electric, a nationwide electrical contracting company, headquarters in Texas has a long history in Michigan. They recently added 53 S. Washington to their already large presence in Oxford, to serve as their central office location. Choice Therapeutics also has a long history serving the Oxford community. M.J. Electric has a 5 year corporate backed lease. They have renovated and added offices to the space since they have relocated to 53 S. Washington. Their leases are NNN leases, where landlord collects an estimated amount ($1,655.23/month) based on the prior year's actual expenses, then is reconciled at year end. The annual base rent increases at a rate of 3% yearly. Choice Therapeutics also has a 5 year, personally guaranteed lease. They relocated to their current location the beginning of 2024. Their lease is also a NNN lease, where landlord collects an estimated amount ($636.86/month) based on the prior year's actual expenses, then it is reconciled at year end. The annual base rent increases at a rate of 3% yearly. Choice Therapeutics and M.J. Electric are wonderful tenants and are a pleasure to work with! Monthly they direct deposit their rent and NNN payment on autopay by, if not before the 1st of the month. Please feel free to reach out via text/call to obtain more information or to present an offer. 248-722-4952. Please do not disturb the tenants! They are aware of the potential sale, but they are running their businesses.

Property Subtype:

Storefront

Date on Market:

2024-10-14

Clinton Township Retail for Sale - Macomb East

Established Business for Sale. Room for over 150 cars on the lot. Also Available to Lease for $8,500/Month NNN

Property Subtype:

Auto Dealership

Date on Market:

2024-08-21

Canton Township Retail for Sale - Southern I-275 Corridor

The CBRE Net lease Property Group is pleased to exclusively offer for sale the 6,511-square-foot Carrabba’s Italian Grill situated on 1.98 acres in Canton, MI—a component of the Detroit-Warren-Dearborn, MI MSA (Population: 4.4 Million). Carrabba’s absolute NNN lease features ±6.0 years of primary term remaining, four 5-year renewal options, and a corporate guaranty from Bloomin’ Brands, Inc.  Each year, rent increases by the lesser of (i) 1.75% or (ii) 1.7 times the CPI increase. This store boasts a long operating history with strong store sales. Since 2019, sales have increased 18%.

Property Subtype:

Restaurant

Date on Market:

2023-03-28

Grand Rapids Retail for Sale - Southwestern Grand Rapids

Former grocery store now available for sale located on 28th Street SW at the corner with Clyde Park Ave. Located adjacent to Rogers Plaza and 28 West apartments. Join Save A Lot, Aldi, Flowerland, Planet Fitness, Harbor Freight, McDonald's and Goodwill in this high traffic corridor. Great opportunity for owner/user.

Property Subtype:

Freestanding

Date on Market:

2022-10-10

West Bloomfield Retail for Sale - Bloomfield West

Property Subtype:

Freestanding

Date on Market:

2022-07-20

Adrian Retail for Sale - Lenawee County

Marcus & Millichap is pleased to present Applebee’s Neighborhood Grill and Bar, a single-tenant restaurant located at 1396 South Main Street in Adrian, Michigan. The property is situated within the Adrian Crossroads Plaza area, a long-established retail destination serving the greater Lenawee County submarket. The offering consists of a 6,133-square-foot freestanding building positioned on a 0.79-acre parcel with direct frontage and strong visibility along South Main Street, one of Adrian’s primary commercial corridors. The tenant has operated continuously at this location since September 2012, demonstrating long-term commitment and durability within the market. This Applebee’s location is a high-performing site positioned within a dominant retail corridor, supported by a combined traffic count of approximately 35,220 vehicles per day along South Main Street and US 223. According to Placer.ai traffic data, the location ranks within the top 2 percent statewide and top 4 percent nationwide. Store-level performance is further supported by low 4.80 percent rent-to-sales ratio, providing meaningful operating cushion and reinforcing the long-term sustainability of the site. Applebee’s is one of the world’s largest casual dining brands, operating approximately 1,600 restaurants across the United States, two U.S. territories, and 11 international markets. The brand is franchised by subsidiaries of Dine Brands Global Inc. (NYSE: DIN), one of the world’s leading full-service restaurant companies. The subject property is operated by TSFR Apple Venture which is owned by TEAM Schostak Family Restaurants, a family-owned franchise operator headquartered in Livonia, Michigan, operating a substantial multi-brand portfolio statewide, including approximately 60 Applebee’s locations, 23 Olga’s Kitchen restaurants, and a growing MOD Pizza platform. TEAM Schostak has been recognized by USA Today as a Top Workplace for the fifth consecutive year, underscoring the strength, stability, and employee-focused culture of the operator. Adrian serves as the county seat of Lenawee County and functions as a historic college town and regional commercial center supported by education, health care, manufacturing, and established retail corridors. The subject property benefits from strong national tenant synergy and consistent traffic flow along South Main Street, the city’s primary retail and commercial corridor. The surrounding area is anchored by major national retailers including Walmart Supercenter, Meijer, Lowe’s, and ALDI, with additional traffic drivers such as Dunham’s Sports, Hobby Lobby, Harbor Freight, and Tractor Supply Co., reinforcing the long-term appeal, visibility, and commercial strength of the trade area. This Applebee’s may be acquired individually or as part of a two-property Applebee’s portfolio that includes an additional location in Kalamazoo, Michigan, which has also been continuously operated by the tenant since September 2012. Together, the portfolio comprises 11,754 square feet of gross leasable area across approximately 1.95 acres. The property is scheduled to undergo a Greenhouse Remodel in 2026 in alignment with current Applebee’s brand standards. Planned improvements include exterior enhancements, updated interior finishes, modernized seating and bar areas, To-Go program enhancements, renovated restrooms, and parking lot improvements, further strengthening the tenant’s long-term commitment to the site and enhancing the overall quality and competitiveness of the asset. With strong store-level performance, more than a decade of continuous operation, favorable operating economics, an experienced and award-winning franchise operator, a long-term absolute net lease structure, and positioning along Adrian’s primary retail corridor surrounded by established national retailers, this offering presents an opportunity to acquire a passive, net-leased investment in a stable Michigan market.

Property Subtype:

Restaurant

Date on Market:

2026-04-24

Kalamazoo Retail for Sale - Western Kalamazoo County

Marcus & Millichap presents Applebee’s Neighborhood Grill and Bar, a single-tenant absolute net lease investment located at 5330 West Main Street in Kalamazoo, Michigan. The 5,621-square-foot freestanding restaurant is situated on a prominent outlot within Maple Hill Pavilion, a Target-anchored retail center and one of the area’s most established shopping destinations. The property is positioned on a 1.16-acre parcel and offers strong visibility and exposure along West Main Street, a primary retail corridor serving the Kalamazoo market. The tenant has operated continuously at this location since September 2012, demonstrating long-term commitment and durability within the trade area. This Applebee’s location is a high-performing site positioned within a dominant retail corridor. The property benefits from traffic counts of approximately 28,259 vehicles per day along West Main Street and ranks within the top 9 percent statewide and top 11 percent nationally, according to Placer.ai. Store-level performance is further supported by a low 5.89 percent rent-to-sales ratio, providing meaningful operating cushion and reinforcing the long-term sustainability of the site. Applebee’s is one of the world’s largest casual dining brands, operating approximately 1,600 restaurants across the United States, two U.S. territories, and 11 international markets. The brand is franchised by subsidiaries of Dine Brands Global Inc. (NYSE: DIN), one of the world’s leading full-service restaurant companies. The subject property is operated by TSFR Apple Venture which is owned by TEAM Schostak Family Restaurants, a family-owned franchise operator headquartered in Livonia, Michigan, operating a substantial multi-brand portfolio statewide, including approximately 60 Applebee’s locations, 23 Olga’s Kitchen restaurants, and a growing MOD Pizza platform. TEAM Schostak has been recognized by USA Today as a Top Workplace for the fifth consecutive year, underscoring the strength, stability, and employee-focused culture of the operator. The property is located along West Main Street near the Drake Road intersection, one of Kalamazoo’s most established retail corridors, and benefits from immediate proximity to US-131, which carries approximately 55,082 vehicles per day and provides strong regional connectivity. As a highly visible outlot within Maple Hill Pavilion, the site features direct frontage along West Main Street and is surrounded by national retailers including Meijer, Walmart Supercenter, Menards, Lowe’s, Kohl’s, and ALDI, all of which contribute to consistent traffic flow and long-standing retail draw. Kalamazoo is the largest city in Southwest Michigan and is strategically positioned between Chicago and Detroit. The local economy is supported by a diversified mix of industries including health sciences, higher education, medical devices, and manufacturing. The city is home to Western Michigan University, which enrolls approximately 16,343 students, along with major healthcare providers such as Bronson Methodist Hospital and Beacon Kalamazoo Hospital, each serving as significant employment and economic anchors for the region. This Applebee’s may be acquired individually or as part of a two-property Applebee’s portfolio that includes an additional location in Adrian, Michigan, which has also been continuously operated by the tenant since September 2012. Together, the portfolio comprises 11,754 square feet of gross leasable area across approximately 1.95 acres. Store-level performance across both locations is supported by low rent-to-sales ratios, with the Kalamazoo location reporting a 5.89% rent-to-sales ratio and the Adrian location reporting a 4.80% rent-to-sales ratio, reinforcing the long-term durability and operating strength of the portfolio. The property is scheduled to undergo a Greenhouse Remodel in 2026, aligned with current Applebee’s brand standards. Planned improvements include exterior enhancements, updated interior finishes, modernized seating and bar areas, To-Go program enhancements, renovated restrooms, and parking lot improvements, further reinforcing the tenant’s long-term commitment to the site and enhancing the overall quality and competitiveness of the asset. With strong store-level performance, more than a decade of continuous operation, favorable operating economics, an award-winning franchise operator, a long-term absolute net lease structure, dense national retail adjacency, and placement within one of Southwest Michigan’s most established retail corridors, this offering presents the opportunity to acquire a passive, net-leased investment with durable cash flow characteristics.

Property Subtype:

Restaurant

Date on Market:

2026-04-24

Lansing Industrial for Sale - Outlying Clinton County

CONTACT AGENT FOR PRICING AND FINANCIALS Martin Commercial Properties is pleased to present the exclusive opportunity to acquire a mission-critical, single-tenant industrial facility located at 5542 West Grand River Avenue in Lansing, Michigan. This institutional-quality asset comprises 275,000 SF of industrial space on 36.10 acres, providing significant expansion potential. Originally constructed in 1990 and expanded in 2004 and 2008, the property offers modern infrastructure and strategic positioning within a thriving industrial corridor. The property is 100% leased to Phillips Pet Food & Supply, a leading national distributor of pet food and supplies serving specialty markets across the U.S. Phillips has occupied the facility since 2003, underscoring its critical role in the company’s Midwest distribution network.

Property Subtype:

Warehouse

Date on Market:

2025-09-22