Dollar General — Sale in Cadillac, MI

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Cadillac, MI 49601

Investment Figures

Cap rate
7.00%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap is pleased to present the opportunity to acquire a single-tenant Dollar General located at 2257 Sunnyside Drive in Cadillac, Michigan. The property is leased to Dollar General Corporation, a BBB credit-rated tenant, providing investors with secure, long-term income backed by a nationally recognized retailer. The freestanding retail building was constructed in 2019 and consists of approximately 9,100 square feet of gross leasable area. The lease commenced on June 3, 2019, and expires on June 30, 2034, offering approximately 8+ years of remaining primary term. The lease features 10 percent rent increases and includes four (4), five-year renewal options, providing strong income growth and long-term residual value. Dollar General operates more than 19,000 locations nationwide and focuses on necessity-based retail serving value-oriented consumers, particularly in rural and secondary markets. The subject property benefits from modern construction, minimal capital expenditure risk, and a long-term lease structure well suited for passive investors seeking predictable cash flow and inflation protection. This offering represents the opportunity to acquire a newer-construction, credit-tenant net lease asset with long-term lease security in a stable Midwestern market. Investment Highlights: • Single-tenant Dollar General net lease investment • BBB credit-rated tenant with national footprint • Lease expiration: June 30, 2034 (approx. 8+ years remaining) • 10% rent increases providing built-in income growth • Built in 2019 – modern construction with low capital needs • Remodeling Summer 2026 • Necessity-based discount retailer with recession-resistant demand • Passive investment with minimal management responsibilities

Market Context

This retail in Cadillac, MI is listed for sale. It is offered at an approximate 7.0% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 100 days. Compare it against other retail listings for sale in Cadillac, MI — view the full market.

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