Dollar Tree – Lansing, MI — photo 1 of 2 — Dollar Tree – Lansing, MI

Retail – Discount / GroceryLansing, MICode AMC-5700

Dollar Tree – Lansing, MI

3825 W JOLLY RD, LANSING, MI 48911-3362

Asking price

$900,000

Cap rate: 8%
NOI: $72,000

Estimate financing

Property details

Tenant: Dollar Tree
Property type: Retail – Discount / Grocery
Lease type: NN+
Lease guarantee: Credit Rated, Corporate Guarantee
Term remaining: 5.5 yrs
Lot size: 1.85 AC
Listing code: AMC-5700

Investment highlights

Dollar Tree has a 10-Year Operating History and just Extended their Lease for an additional 5 years
Tenant is responsible for Taxes, Insurance, Parking Lot, HVAC, Landscaping and Snow Removal
Site is located within close proximity to multiple GM Factories, Meijer Distribution Complex, the Capitol of Michigan and Michigan State University
Offered at a low $85.86/SF and current leased at a below market $6.44/SF
Site is located on a signalized Intersection Visible to over 20,000 Vehicles Per Day
Conveniently located 2 Miles from I-96 (43K+ Vehicles Per Day)
Conveniently located 2.5 Miles from I-496 (60K+ Vehicles Per Day)
Large Lot 1.85 Acres with Ample Parking – 70 Spaces

Sale description

AMC Real Estate Investment Services is pleased to present the fee-simple sale of a Dollar Tree in Lansing, Michigan, featuring a tenant with a 10-year operating history that recently extended its lease for an additional five years, with minimal landlord responsibilities as the tenant covers taxes, insurance, parking lot, HVAC, landscaping, and snow removal; the property sits on a signalized intersection visible to over 20,000 vehicles per day on a large 1.85-acre lot with 70 parking spaces, located 2 miles from I-96 (43,000+ VPD) and 2.5 miles from I-496 (60,000+ VPD) with close proximity to multiple GM factories, the Meijer distribution complex, the Michigan State Capitol, and Michigan State University, and is offered at a low $85.86/SF while currently leased at a below-market $6.44/SF, delivering passive, management-light income with rental upside in an established Lansing trade area.

Published Jul 23, 2026. Information is provided by AMC REIS from sources believed reliable; buyers should verify all figures in the offering memorandum.

Location

Loading map…

3825 W JOLLY RD, LANSING, MI 48911-3362

Pin placed from the listed street address. Site boundaries and conditions are described in the offering memorandum.

Open in Google Maps

Demographics

Population and average household income by radius from the site, as marketed.

Radius from site	Population	Average income
3 Mile	52,496	$70.7k
5 Mile	126,316	$74.7k
10 Mile	301,644	$85k

Listing brokers

Listing broker
Nicholas Rowland
Associate Advisor
(586) 200-0040 nick@amcreis.com
BB
Broker of record
Brian Brockman
Bang Realty-Michigan, Inc
6502428679 bor@bangrealty.com

Investment calculator

Model the deal with your own down payment, rate and amortization. NOI, debt service, cash-on-cash return and DSCR update instantly.

Your scenario

Purchase price

USD

Pre-filled from the asking price; adjust to model an offer.

Cap rate

NOI = price × cap rate · marketed NOI $72,000

Down payment$315,000 equity

All-cash at 100%Loan $585,000 · LTV 65%

Interest rate

% / yr

Amortization

years

Estimated returns

Equity: $315,000
Loan: $585,000

Net operating income (annual): $72,000
Monthly debt payment: $4,042
Annual debt service: $48,502
Cash flow after debt service: $23,498
Cash-on-cash return: 7.46%
Debt service coverage (DSCR): 1.48×

Discuss financing with an advisor

Estimates for Dollar Tree – Lansing, MI only; not an offer of financing. Lender terms, closing costs, reserves and taxes vary. NNN leases shift operating expenses to the tenant, so NOI is modelled as price × cap rate.