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Dollar General 596 W Main St 9,014 SF Retail Building Marcellus, MI 49067 $848,000 ($94.08/SF) 8.70% Cap Rate

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INVESTMENT HIGHLIGHTS

  • 9,014 SF Store situated on an oversized 1.53-acre lot
  • 21,000 residents within a 10-mile radius
  • Located 24 miles from Elkhart in the South Bend MSA
  • Positioned on a hard corner, offering excellent visibility and traffic flow
  • Average household income exceeding $87,000 in the same radius
  • 19 miles from Portage within the Kalamazoo MSA

EXECUTIVE SUMMARY

AMC Real Estate Investment Services is pleased to present a premier investment opportunity: a NN+ Dollar General property located at 596 W Main St, Marcellus, MI. This property offers stable income with minimal landlord responsibilities, making it an excellent addition to any investment portfolio.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,014 SF
Building Class
B
Year Built
2005
Price
$848,000
Price Per SF
$94.08
Cap Rate
8.70%
NOI
$73,788
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
1.53 AC
Zoning
C - Commercial
Frontage
109’ on Main

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • -
  • 99,999 SF
  • -
  • Jan 0000

DG is proud to be America’s neighborhood general store. They strive to make shopping hassle-free and affordable with convenient, easy-to-shop stores all across the states. DG's stores deliver everyday low prices on items including food, snacks, health and beauty aids, cleaning supplies, basic apparel, housewares, seasonal items, paper products and much more from America’s most-trusted brands and products, along with high-quality private brands. From serving their customers with value and convenience and their employees with career opportunities to serving the communities they call home through literacy and education, Dollar General has been committed to its mission of Serving Others since the company’s founding in 1939.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
- 99,999 SF - Jan 0000

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
14-051-616-004-20
Land Assessment
$14,500
Improvements Assessment
$168,800
Total Assessment
$183,300
  • Listing ID: 35699685

  • Date on Market: 12/9/2024

  • Last Updated:

  • Address: 596 W Main St, Marcellus, MI 49067

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