Dollar General – Sebewaing, MI — photo 1 of 6 — Dollar General – Sebewaing, MI

Retail – Discount / GrocerySebewaing, MICode AMC-4383

Dollar General – Sebewaing, MI

Sebewaing, MI

Status

Sold

Closed Feb 20, 2025 · Listed Oct 25, 2024

Sale price and cap rate are not disclosed. Property facts are shown as marketed.

Property details

Tenant: Dollar General
Property type: Retail – Discount / Grocery
Lease type: NN Lease
Lease guarantee: Corporate Guarantee
Term remaining: 6 yrs
Listing code: AMC-4383

Investment highlights

Located on a major thoroughfare with high visibility and easy access
Dollar General recently extended their lease for an additional 6 Years, following 19+ years of occupancy, demonstrating their commitment to the site.
Priced at an attractive $83.73/SF, offering replaceable rent for long-term investment stability
Near Michigan Sugar Company Sebewaing Plant, employing approximately 400+ people, making it a significant local economic driver (exaggerated for emphasis)
Less than 2 miles from USA High School, serving around 800 students, attracting consistent local family traffic
Close proximity to Sebewaing Light & Water, with over 50 employees, providing vital utilities to the town

Sale description

AMC Real Estate Investment Services is excited to present a premier investment opportunity: a portfolio of seven NN+ Dollar General properties located across Michigan. This portfolio offers stable, long-term income with each property featuring minimum landlord responsibilities. Strategically positioned in strong local economies, these properties benefit from high visibility and proximity to key community assets such as schools, healthcare facilities, and local businesses. The tenants have shown long-term commitment with multiple lease extensions, providing investors with reliable cash flow and low-maintenance oversight, making this an ideal addition to any investment portfolio.

Published Oct 25, 2024. Information is provided by AMC REIS from sources believed reliable; buyers should verify all figures in the offering memorandum.