An outstanding investment opportunity featuring a single-tenant Dollar General in Vandalia, Michigan. Built in 2019, the 9,100 SF property is leased under an Absolute NNN lease with approximately nine years remaining and four 5-year renewal options featuring 10% rent increases. Backed by a nationally recognized retailer, this property offers passive ownership and predictable cash flow for investors and 1031 exchange buyers. Please do not contact the tenant or employees. All property tours and inquiries must be coordinated through the listing broker.
| MLS # | 70545347 |
|---|---|
| Listing Type | For Sale |
| Style | Commercial,investment |
| Sub-Type | Resale |
| Status | Active |
| Year | 2019 |
| Days On Site | 76 |
| Listing Provided By | Callander Commercial | Eric Bolles |
| SQ Feet | 9,128 |
|---|---|
| Acreage | 1.88 |
| Heating Yes / No | Yes |
|---|---|
| Heating | Forced Air |
| Construction Materials | Block |
|---|
| List Aor | Greater Kalamazoo Association of REALTORS |
|---|
| Property | 20703 |
|---|
| State | MI |
|---|---|
| County | Cass |
| City | Vandalia |
| Zip Code | 49095 |
| Area | Vandalia (14022) |
| Listing VS Median (in 49095) | |
Price: $1,300,000 low | high Med: $850,000 sqft: 9,128 low | high Med: 2,108 $ / sqft: $142 low | high Med: $404 On site: 76 low | high Med: 110.5 | |
| State | MI |
|---|---|
| County | Cass |
| City | Vandalia |
| Zip Code | 49095 |
| Area | Vandalia (14022) |
| Listing VS Median (in 49095) | |
Price: $1,300,000 low | high Med: $850,000 sqft: 9,128 low | high Med: 2,108 $ / sqft: $142 low | high Med: $404 On site: 76 low | high Med: 110.5 | |