Dollar General NNN Property For Sale — Jackson, MI
7519 E Michigan Ave., Jackson, MI 49201
This newly constructed Dollar General Plus store, built in 2025 and recently opened, offers an exceptional investment opportunity in Jackson, Michigan. The property is secured by a 15-year Absolute NNN Lease, ensuring zero landlord responsibilities. The lease features attractive 5% rental rate increases every five years, continuing through each of the five renewal options. The lease is corporately guaranteed by Dollar General Corporation, boasting an investment-grade credit rating of 'BBB'. Strategically located on the corner of Eastland Street and Michigan Avenue, the property benefits from high visibility with 3,639 cars passing daily. It serves as the sole dollar store in the community, catering to a 5-mile population of 29,969 and an average household income of $84,775 within a 1-mile…
- Address: 7519 E Michigan Ave., Jackson, MI 49201
- Asking price $2.19M
- 6.75% cap rate
- NOI $147,640
- 13.9 years remaining
- NNN lease
Asset type: Retail