8530 S Mason Dr
Newaygo, MI 49337
Dollar General · Local commercial Bien À vendre

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INFORMATIONS PRINCIPALES SUR L'INVESTISSEMENT

  • Freestanding 9,014 SF building on a 1-acre lot with 50 surface parking spaces
  • Attractive Cap Rate with stable NOI and strong rent performance
  • Part of a 7-building Dollar General Portfolio
  • NN+ Corporate Lease with 4–5 years remaining and minimal landlord responsibilities
  • Strategic West Michigan Location near high-traffic M-37 corridor (12,000+ VPD)

RÉSUMÉ ANALYTIQUE

his 9,014 SF freestanding Dollar General store offers investors stable, long-term cash flow. The property presents a compelling opportunity for passive income with limited landlord responsibilities. Situated on 1.0 acre, the property benefits from excellent visibility, strong access via one curb cut, and 50 surface parking spaces. The building features single-tenant occupancy, a pylon sign, and a typical Dollar General layout optimized for essential retail in a high-demand, low-competition market. With 4-5 years of remaining lease term, corporate guarantee, and consistent rent performance, this property is ideally positioned in a growth market (projected 6% household growth by 2029) and offers a low-vacancy, income-generating asset in a resilient retail category.
This Dollar General store is prominently located along Mason Drive (M-37) in Newaygo County, a key north-south commercial corridor in West Michigan. Positioned in a suburban setting with strong regional connectivity, the site benefits from excellent frontage and visibility, drawing over 12,000 vehicles per day and serving a growing local population. Surrounded by residential neighborhoods, schools, and service businesses, the property captures both daily convenience shoppers and regional traffic. With projected 6% household growth in a 3-mile radius and minimal retail competition, the site offers long-term retail stability. Located within the Grand Rapids-Kalamazoo-Battle Creek DMA, the property is well-situated in a low-vacancy retail submarket offering investors solid presence in a demographically sound and logistically advantageous area.

INFORMATIONS SUR L’IMMEUBLE

Type de vente
Investissement
Type de bien
Local commercial
Sous-type de bien
Immeuble de commerce
Surface de l’immeuble
837 m²
Classe d’immeuble
C
Année de construction
2004
Prix
705 939 €
Prix par m²
842,99 €
Taux de capitalisation
7,25 %
RNE
51 181 €
Occupation
Mono
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,21
Surface du lot
0,40 ha
Zonage
LOCAL ZONE
Stationnement
50 places (59,71 places par 1 000 m² loué)
Façade
23 m sur Mason Dr

CARACTÉRISTIQUES

  • Enseigne sur pylône

TAXES FONCIÈRES

  • ID de l’annonce: 36271025

  • Date de mise sur le marché: 16/06/2025

  • Dernière mise à jour:

  • Adresse: 8530 S Mason Dr, Newaygo, MI 49337