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Dollar General 7519 E Michigan Ave 10,640 SF Retail Building Jackson, MI 49201 $2,187,259 ($205.57/SF) 6.75% Cap Rate



INVESTMENT HIGHLIGHTS
- Zero Landlord Responsibilities
- Corner Location | 3,639 Cars Per Day
- 1 Mile Household Income $84,775
- 2025 BTS Plus Size Construction | Now Open!
- 5% Rental Rate Increases Every 5 Years!
- 5 Mile Population 29,969 | The Only Dollar Store Serving This Community!
EXECUTIVE SUMMARY
Net Lease is pleased to present this 2025 BTS 10,640 SF. Dollar General Plus store located in Jackson, 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 and successfully opened for business in July 2025!
This Dollar General is highly visible as it is strategically positioned on the corner of Eastland Street & Michigan Avenue which sees 3,639 cars per day. This is the only dollar store serving the community! The 5 mile population from the site is 29,969 and the 1 mile average household income is $84,775 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 dollar store. List price reflects a 6.75% cap rate based on NOI of $147,640.
This Dollar General is highly visible as it is strategically positioned on the corner of Eastland Street & Michigan Avenue which sees 3,639 cars per day. This is the only dollar store serving the community! The 5 mile population from the site is 29,969 and the 1 mile average household income is $84,775 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 dollar store. List price reflects a 6.75% cap rate based on NOI of $147,640.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Convenience Store
Building Size
10,640 SF
Building Class
C
Year Built
2025
Price
$2,187,259
Price Per SF
$205.57
Cap Rate
6.75%
NOI
$147,640
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
1.21 AC
Zoning
C-1 - Commercial
Frontage
232’ on East Michigan Avenue
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Dollar General
- Retailer
-
99,999 SF
- -
-
Lorem Ipsum
-
Jan 0000
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Dollar General | Retailer | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
PROPERTY TAXES
| Parcel Number | 000-09-34-476-009-00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $91,454 |
PROPERTY TAXES
Parcel Number
000-09-34-476-009-00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$91,454
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Dollar General | 7519 E Michigan Ave
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