Dollar General NNN Property For Sale — Vanderbilt, MI
8336 Mill Street, Vanderbilt, MI 49795
A newly constructed Dollar General in Vanderbilt, Michigan, offering a long-term absolute NNN lease with zero landlord responsibilities. The property is strategically located with high visibility and excellent traffic counts, providing an ideal investment for a passive owner seeking a stable income stream from an investment-grade tenant. This asset is suitable for a 1031 exchange.
- Address: 8336 Mill Street, Vanderbilt, MI 49795
- Asking price $1.99M
- 6.60% cap rate
- NOI $131,525
- 15 years remaining
- NNN lease
- Year built: 2026
- Lease expiration: Apr 30, 2041
- Rent increases: 5% rental increases every 5 years, including option periods.
- Guarantor: Corporate
Location
This Dollar General property is at 8336 Mill Street in Vanderbilt, Michigan.
Asset type: Retail