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.

Date on Market:

2024-06-23

Taylor Retail for Sale - Airport District

Pharma Property Group is pleased to market for sale the Walgreens property located at 9100 Telegraph Road in Taylor, Michigan (“The Property”). Walgreens has approximately 4 years of firm term remaining on an absolute NNN lease with 5% rental increases every 5 years through 2049. The next 5% increase comes in May of 2029. The property is strategically located as the closest Walgreens and national chain drugstore to Beaumont Hospital, a 148-bed facility with over 1,094 employees, one block to the south. In addition to the medical facilities, the Property benefits from over 2.3 million square feet of retail, and 5.9 million square feet of industrial space, in a 2-mile radius. Recently the Rite Aid across the street from the Property shuttered its operations leaving the Subject Property as the only free-standing national chain drugstore in a 2-mile radius. With over 2,400 multifamily units within 2 miles, the Property benefits from the added customer base. The Property is located 3 miles from Detroit Metropolitan Airport, Michigan's busiest airport, serving over 36.7 million passengers annually and offering over 1,100 flights daily. Additionally, Walgreens is positioned on the signalized hard corner of Telegraph Road/U.S. Route 24 with over 65,000 vehicles per day and serves as a main north/south thoroughfare and a major arterial heading south from Detroit to Toledo, Ohio, and eventually to Fort Wayne, Indiana. Listed in association with Brian Brockman, Bang Realty, 513-898-1551, wg@bangrealty.com, MI DRE Lic. #6502428679.

Property Subtype:

Drug Store

Date on Market:

2024-05-09

Sunfield Retail for Sale - Outlying Eaton County

SRS National Net Lease Group is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a NNN, newly-built, corporate guaranteed, Dollar General investment property located in Sunfield, MI (Lansing MSA). The tenant, Dolgencorp, LLC, recently signed a brand new 15-year lease with 5 (5-year) option periods to extend, demonstrating their long-term commitment to the site. The lease features 10% rental increases at the beginning of each option, growing NOI and hedging against inflation. The lease is guaranteed by the corporate entity (NYSE: DG | S&P: BBB), and is NNN with limited landlord responsibilities, making it an ideal, low-management investment opportunity for a passive investor. Dollar General is a nationally recognized and established discount store with over 19,000 stores in operation. The building, which is slated to open in July 2023, will feature a state-of-the-art design using the highest quality materials available.

Property Subtype:

Freestanding

Date on Market:

2023-05-18

Canton 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 ±7.2 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

West Bloomfield Retail for Sale - Bloomfield West

Property Subtype:

Freestanding

Date on Market:

2022-07-20

Birmingham Office for Sale

Introducing a prime opportunity for mixed-use building investors – a sleek and modern property located in the heart of Detroit. This impressive building, offering 9 units, was built in 2007 with recent renovations planned in 2026 to meet the highest standards of excellence. Zoned B-4, the property currently boasts 100% occupancy, ensuring a steady and reliable income stream for discerning investors. With its strategic location and impeccable condition, this property stands as a testament to the potential for substantial and enduring returns on investment in the office space sector.

Date on Market:

2025-10-03

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

Adrian Portfolio of properties for Sale - Lenawee County

NAI Farbman is pleased to present the opportunity to acquire two (2) Absolute STNL freestanding Dollar General sites located within Adrian, Michigan. Both assets feature true zero landlord responsibilities, offering investors passive, predictable, and long-term cash flow. Each property is backed by a corporate guarantee from Dollar General, one of the nation’s most stable and expansive retailers. The leases include five (5) five-year renewal options, providing durable tenancy and built-in growth. Scheduled 10% rent increases at each option period further enhance the properties’ long-term income potential.

Date on Market:

2025-12-08

Oakley Retail for Sale

2025 CONSTRUCTION DOLLAR GENERAL ON 5.03 ACRES • 10,640 SF construction Dollar General sitting on 5.03 acers located in Oakley, MI. • This Dollar General opened in November 2025 and rent has commenced. 15 YEAR CORPORATE NNN LEASE WITH INCREASES IN INITIAL TERM • This property features a 15-year corporate guaranteed NNN lease with Dollar General with 5% rent increases every 5 years. • Tenant is 100% responsible for all expenses, including parking lot, taxes, insurance, roof, and structure. • There are 5% increases every 5 years in the initial lease term and in each of the five 5-year option periods. INVESTMENT GRADE TENANT (S&P: BBB) WITH 21,000 LOCATIONS • Dollar General is a publicly traded (NYSE: DG) Fortune 500 company with an S&P investment grade credit rating of BBB. • Currently over 21,000 locations and plans to open 750 stores in 2025. • Dollar General has been in business for 80 years and has a current net worth of over $18.16B. $92,683 PROJECTED AVERAGE HOUSEHOLD INCOME • The average household income is projected to increase to $92,683 within a 1 mile radius by 2029. • The current 1 mile average household income is $77,235 TRI - CITIES MSA (SAGINAW – MIDLAND - BAY CITY, MI) | POPULATION: 377,474 • The subject property is located 35 minutes south of Saginaw & the Tri Cities of Michigan and is a part of the MSA. • The Tri Cities are the cities surrounding the Saginaw Bay and Saginaw River with a population of 377,474. • The Saginaw MSA has a population of 196,542 and is the county seat of Saginaw County • Home to multiple Colleges and Universities including Delta College (13,775 Students) , Saginaw Valley State University (9,766 Students) and more. • Saginaw’s economy is supported by innovation, clean energy, and continued manufacturing exports. NEAR OWOSSO, MI | 31,500 JOBS WITH PROJECTED 28.8% GROWTH • Owosso, MI is located 10 miles south of this Dollar General and is a manufacturing hub with 31,500 jobs. • The employment rate is expected to grow by 28.8% over the next 10 years. • This Dollar General is 10 miles from a retail corridor in Owosso with multiple national retailers including Kroger, Walmart, Home Depot, Meijer, and more.

Property Subtype:

Convenience

Date on Market:

2025-11-25

Berrien Springs Retail for Sale

**SHORT TERM DUAL TENANT INVESTMENT OPPORTUNITY**: -Dual-tenant property featuring AutoZone and Family Dollar -NN lease structures for both tenants -Tenant Responsibilities: Interior, HVAC, utilities, routine maintenance -Landlord Responsibilities: Roof, structure, parking lot -Family Dollar side includes a brand-new 2025 roof (minimal near-term capital exposure) -Excellent visibility and frontage on Old US-31 with strong traffic -Family Dollar has "Percentage Rent" in their lease -Diversified income stream from two national, recession-resistant tenants -AutoZone Annual Rent: $27,000 -Family Dollar Annual Rent: $49,350 -Total Gross Income: $91,383 -Net Operating Income: $76,958 -Lease Term Remaining: -AutoZone: Approximately 14 months -Family Dollar: Approximately 3 years 2.5 months -Asking Price: $1,100,000

Property Subtype:

Freestanding

Date on Market:

2025-11-19

Novi Office for Sale - Central I-96 Corridor

Newmark's Government Capital Markets team is pleased to present an exceptional investment opportunity to acquire a single-tenant, net-leased district courthouse located at 48150 Grand River Avenue in Novi, Michigan (the “Property”). The 25,833-square-foot Property is occupied by Oakland County, Michigan (AAA/S&P), operating the facility as the 52nd District Court, First Division. The County recently executed a new ten-year net lease commencing June 1, 2024. Built in 1994 as a build-to-suit facility specifically designed for courthouse operations, the Property features four courtrooms, judge's chambers, holding cells, and all necessary court support spaces on a 4.74-acre site with 246 parking spaces. The modified net lease structure requires minimal landlord management responsibilities and features annual rent escalations of 2.0%, providing investors with built-in inflationary protection and consistent income growth throughout the term.

Date on Market:

2025-11-11

Olivet Retail for Sale - Outlying Eaton County

AQRE Advisors is pleased to present for sale the Family Dollar/ Dollar Tree Combo Store, a ±10,500 SF retail property located at 315 N Main St, Olivet, MI 49076 (“Property”). Situated on 1.76 acres of land, the Property is fully leased to Family Dollar/Dollar Tree, offering investors a stable, income-generating asset backed by a nationally recognized tenant.

Property Subtype:

Freestanding

Date on Market:

2025-11-06

Lansing Industrial for Sale - Southern Lansing

Investment Opportunity Lease Runs Through July 31, 2044 Absolute Net Lease 8.9% Cap Rate at Asking Price 54,398 Sq Ft Building on 8.9 Acres Entire Property Fenced and Gated 30' Ceiling Clearance Several Cranes Up to 25-Ton

Property Subtype:

Warehouse

Date on Market:

2025-10-28

Stevensville Retail for Sale

BRAND NEW 2021 WALGREENS | AFFLUENT MICHIGAN LAKESHORE MARKET | HEALTHCARE & RETIREMENT DRIVEN DEMAND TD Commercial Group is pleased to offer for sale a newly constructed Walgreens (Corporate) located at 4157 Red Arrow Hwy, Stevensville, MI, in one of Southwest Michigan’s most desirable and affluent suburban markets. This absolute NNN lease provides investors with passive, stable income backed by a nationally recognized tenant and a long-term commitment to the trade area. Completed in 2021, this modern build-to-suit reflects Walgreens’ latest prototype, strategically positioned along Red Arrow Highway, the region’s main arterial paralleling I-94. The property benefits from high visibility and strong traffic counts, connecting Benton Harbor, St. Joseph, and New Buffalo. The surrounding Lakeshore trade area boasts average household incomes exceeding $100,000 within three miles, driven by affluent homeowners and a growing retiree population. The store’s success is anchored by proximity to Corewell Health Lakeland Hospital (300 beds) and multiple senior living communities, creating a durable, healthcare-driven customer base. Seasonal tourism and retirement migration to Michigan’s “Sunset Coast” further strengthen prescription and convenience sales, providing long-term insulation from retail volatility.

Property Subtype:

Drug Store

Date on Market:

2025-10-17

Muskegon Portfolio of properties for Sale - Muskegon Heights

This prime commercial property offers versatile opportunities for office or medical use. Situated on a 1.73-acre lot in a thriving community, the property provides excellent access to lakes, parks, shopping, and entertainment, making it convenient for clients and employees alike. With established tenants, including a local dental practice, the building demonstrates strong potential for professional or medical businesses. Featuring ample parking, signage opportunities, and a strategic location in Norton Shores, this property presents an outstanding opportunity for investors or owner-occupants looking to establish a presence in a growing commercial corridor.

Date on Market:

2025-10-07

Barryton Retail for Sale

Former retail store available for sale in Barryton, Michigan. Along M-66, this property is centrally located in the city, neighboring retailers include BP, Sunoco, and Dollar General.

Property Subtype:

Freestanding

Date on Market:

2025-09-29

Sterling Heights Retail for Sale - Macomb West

This great opportunity offers investors a long-term (20 years) lease with five (5), five (5) year options to renew and fixed ten percent (10%) base rent increases every five years during the primary lease term and options. This 10,792 square foot luxury pet resort is a new build that was completed in spring of 2025. PetSuites has positioned themselves to be among high-income and high-density households in a thriving community with very little direct competition within a fifteen-minute drive. Today, the area is known for offering a modern living and working place in a rural atmosphere. Sterling Heights has become the hub of Detroit, offering proximity to the bustling city, while maintaining the serenity of its many acres of peaceful parkland.

Property Subtype:

Freestanding

Date on Market:

2025-09-22

Bloomfield Hills Retail for Sale - Bloomfield

Landmark Investment Sales is pleased to offer for sale a true pride-of-ownership CVS at the irreplaceable “Main & Main” corner of Telegraph Road and Long Lake Road in Bloomfield Hills, MI. Adjacent to a high-performing Kroger and surrounded by Class A retail in one of Metro Detroit’s most affluent areas, this generational asset benefits from average household incomes over $268,000 within one mile. CVS has operated here since 1992, recently executed a 10-year lease extension through 2037, and generates sales well above market averages. Backed by CVS Health’s investment-grade credit, this absolute NNN lease offers long-term stability with zero landlord responsibilities.

Date on Market:

2025-09-15

Peck Retail for Sale

Corporate Guaranty; S&P Investment Grade Credit "BBB"

Property Subtype:

Freestanding

Date on Market:

2025-08-25

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.

Property Subtype:

Freestanding

Date on Market:

2025-08-07

Lake City Retail for Sale

This freestanding Dollar General store is part of a 7-property NNN leased portfolio and is located in suburban Missaukee County, MI. The 8,125 SF building sits on a 0.75-acre lot with 40 surface parking spaces and 54 feet of frontage on W Jennings Rd, offering strong visibility, which sees over 10,000 vehicles per day. The property is 100% leased to Dollar General under a corporate-guaranteed NNN lease with minimal landlord responsibilities and 4.5 years remaining on the term. With a low vacancy submarket, above-average household income, and stable retail demand, this property offers investors long-term income stability in a strategic Mid-Michigan location.

Property Subtype:

Freestanding

Date on Market:

2025-08-07

Hamilton Retail for Sale - Outlying Allegan County

This freestanding Dollar General store is part of a 7-property NNN leased portfolio and is located in suburban Allegan County, MI. The 8,125 SF building sits on a 1.00-acre lot with 33 surface parking spaces and 68 feet of frontage on Southside Lane, offering strong visibility near Lincoln Road (M-40), which sees over 17,000 vehicles per day. The property is 100% leased to Dollar General under a corporate-guaranteed NNN lease with minimal landlord responsibilities and 4–5 years remaining on the term. With a low vacancy submarket, above-average household income, and stable retail demand, this property offers investors long-term income stability in a strategic West Michigan location.

Property Subtype:

Freestanding

Date on Market:

2025-08-07

Bancroft Retail for Sale

Fortis Net Lease is pleased to present 4531 E Lansing Rd, Bancroft, MI - an exceptional 9,100 SF free-standing building located in the thriving Bancroft area. This versatile property, zoned NA, offers unlimited potential for retail and various investment opportunities. Boasting a prime location and an impressive building footprint, this property is primed for success. With ample space and a sought-after zoning designation, it's an ideal investment for those seeking a retail or free-standing building. Don't miss out on this rare opportunity to own a standout property in this desirable location.

Property Subtype:

Convenience

Date on Market:

2025-07-23

Ironwood Retail for Sale

Northmarq is pleased to offer for sale to qualified investors, the opportunity to purchase the fee simple interest in a new Fire Station ("Fire Station") dispensary located in Ironwood, MI (“The Property”). The Property consists of a 3,850-square-foot freestanding retail building on a 0.73 acre parcel of land. The Property was built in 2024 and features a drive-thru. Fire Station will operate under a brand new fifteen (15) year absolute NNN lease with zero landlord responsibilities and preferred 2.5% annual rental escalations during the base term. Fire Station Cannabis Co. was established in October of 2019 in Upper Michigan as the 2nd medical marijuana facility and 1st licensed Upper Peninsula recreational retailer. The Fire Station Cannabis Co. has quickly become a household name in Michigan's Upper Peninsula. Renowned for its quality products and exceptional customer service, they are a premier cannabis dispensary committed to professionalism and regulatory compliance.

Date on Market:

2025-06-24