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Dollar General | Interstate Location (47,653 VPD)

6211 Sawyer Rd, Sawyer, MI 49125

Listing Price: $2,305,000

Cap Rate
6.70%
Tenant Name
Dollar General
Years Remaining On Lease
15.0
Guarantor
Corporate Guarantee
Rentable SF
10,640
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$14.51

Investment Overview

NEW UPGRADED CONSTRUCTION DOLLAR GENERAL LOCATED ON 6.79 AC.
• The subject property is a 10,640 SF upgraded construction Dollar General that located on 6.79 acres.
• This Dollar Generals is currently under construction and rent is scheduled to commence in May 2025.

15 YEAR CORPORATE NNN LEASE WITH RENT INCREASES IN INITIAL TERM
• The subject property has 15-year corporate guaranteed NNN lease with 5% rent increases every 5 years.
• Tenant is 100% responsible for all expenses, including parking lot, taxes, insurance, roof, and structure.
• There are 5% rent increases in each of the five, 5-year option periods.

INTERSTATE LOCATION (47,653 VPD)
• This Dollar General is located off Interstate 94 (47,653 VPD).
• Interstate 94 is the main highway connector Interstate connecting Detroit and Chicago.

SAWYER, MI | GATEWAY TO SOUTHWEST MICHIGAN TOURISM
• Sawyer is nestled in the heart of Harbor Country, just minutes from Lake Michigan and Warren Dunes State Park.
• Tourism, wineries, and outdoor recreation are major economic drivers, attracting visitors year-round for beach access, hiking, biking, and seasonal events.
• In 2023, Berrien County (where Sawyer is located) generated tens of millions in tourism revenue from lodging, dining, and recreation.
• The area is part of Michigan’s renowned wine trail, home to vineyards, breweries, and farm-to-table experiences that contribute to a thriving local economy.
• Strategically located near I-94, Sawyer offers convenient access to Chicago and other regional urban markets, making it a popular destination for weekend travelers and second-home buyers.
• There are over 3,350 jobs at Whirlpool HQ & significant investment into the community.

INVESTMENT GRADE TENANT (S&P: BBB) WITH 21,000 LOCATIONS
• Dollar General is a publicly traded (NYSE: DG) Fortune 500 company with an S&P investment grade credit rating of BBB.
• Currently over 21,000 locations and plans to open 750 stores in 2025.
• Dollar General has been in business for 80 years and has a current net worth of over $18.16 Billion.

Investment Highlights

  • New Upgraded Construction Dollar General Located On 6.79 AC
  • 15 Year Corporate NNN Lease With Rent Increases In Initial Term
  • Interstate Location (47,653 VPD)
  • Sawyer, MI | Gateway To Southwest Michigan Tourism
  • Investment Grade Tenant (S&P:BBB) With 21,000 Locations

Exclusively Listed By

Broker of Record

  • Steve Chaben

    Senior Vice President / Regional Manager

    (248) 415-2600

    License(s) MI: 6502387903

    Michigan

Financing By

Discount

Dollar General | Interstate Location (47,653 VPD)

Listing Price: $2,305,000

Cap Rate
6.70%
Tenant Name
Dollar General
Years Remaining On Lease
15.0
Guarantor
Corporate Guarantee
Rentable SF
10,640
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$14.51

Investment Highlights

  • New Upgraded Construction Dollar General Located On 6.79 AC
  • 15 Year Corporate NNN Lease With Rent Increases In Initial Term
  • Interstate Location (47,653 VPD)
  • Sawyer, MI | Gateway To Southwest Michigan Tourism
  • Investment Grade Tenant (S&P:BBB) With 21,000 Locations

Investment Overview

NEW UPGRADED CONSTRUCTION DOLLAR GENERAL LOCATED ON 6.79 AC. • The subject property is a 10,640 SF upgraded construction Dollar General that located on 6.79 acres. • This Dollar Generals is currently under construction and rent is scheduled to commence in May 2025. 15 YEAR CORPORATE NNN LEASE WITH RENT INCREASES IN INITIAL TERM • The subject property has 15-year corporate guaranteed NNN lease with 5% rent increases every 5 years. • Tenant is 100% responsible for all expenses, including parking lot, taxes, insurance, roof, and structure. • There are 5% rent increases in each of the five, 5-year option periods. INTERSTATE LOCATION (47,653 VPD) • This Dollar General is located off Interstate 94 (47,653 VPD). • Interstate 94 is the main highway connector Interstate connecting Detroit and Chicago. SAWYER, MI | GATEWAY TO SOUTHWEST MICHIGAN TOURISM • Sawyer is nestled in the heart of Harbor Country, just minutes from Lake Michigan and Warren Dunes State Park. • Tourism, wineries, and outdoor recreation are major economic drivers, attracting visitors year-round for beach access, hiking, biking, and seasonal events. • In 2023, Berrien County (where Sawyer is located) generated tens of millions in tourism revenue from lodging, dining, and recreation. • The area is part of Michigan’s renowned wine trail, home to vineyards, breweries, and farm-to-table experiences that contribute to a thriving local economy. • Strategically located near I-94, Sawyer offers convenient access to Chicago and other regional urban markets, making it a popular destination for weekend travelers and second-home buyers. • There are over 3,350 jobs at Whirlpool HQ & significant investment into the community. INVESTMENT GRADE TENANT (S&P: BBB) WITH 21,000 LOCATIONS • Dollar General is a publicly traded (NYSE: DG) Fortune 500 company with an S&P investment grade credit rating of BBB. • Currently over 21,000 locations and plans to open 750 stores in 2025. • Dollar General has been in business for 80 years and has a current net worth of over $18.16 Billion.

Exclusively Listed By

Broker of Record

  • Steve Chaben

    Senior Vice President / Regional Manager

    (248) 415-2600

    License(s): MI: 6502387903

    Michigan

Financing By

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