6067 Jennings Rd Local commercial 778 m² À vendre Lake City, MI 49651 361 591 € (464,73 €/m²) Taux de capitalisation 10 %

This freestanding Dollar General store is part of a 7-property NN+ leased portfolio and is located in suburban Missaukee County, MI. The 8,125 SF building sits on a 0.75-acre lot with 40 surface parking spaces and 54 feet of frontage on W Jennings Rd, offering strong visibility, which sees over 10,000 vehicles per day. The
property is 100% leased to Dollar General under a corporate-guaranteed NN+ lease with minimal landlord responsibilities and 4–5 years remaining on the term.
With a low vacancy submarket, above-average household income, and stable retail demand, this property offers investors long-term income stability in a
strategic Mid-Michigan location.
This Dollar General store is strategically positioned in Lake City, MI—a rural community in Missaukee County—within the Cadillac, MI CBSA and the Traverse
City-Cadillac DMA. The site offers excellent visibility with 54 feet of frontage on S Morey Road and convenient access via a dedicated curb cut. Surrounded by a
mix of residential neighborhoods and local businesses, the property benefits from a daily traffic volume of over 10,000 vehicles on nearby S Morey Rd and M-55/M66. The area demonstrates stable demographics with modest population and household growth projected through 2029. With a Walk Score of 9, this car dependent area caters well to Dollar General's value-oriented customer base,
making it a reliable long-term retail location.