Discount
Dollar General
18875 Oakley Rd, Oakley (Saginaw MSA), MI 48649
Listing Price: $2,184,000
Investment Overview
2025 CONSTRUCTION DOLLAR GENERAL ON 5.03 ACRES
• 10,640 SF construction Dollar General sitting on 5.03 acers located in Oakley, MI.
• This Dollar General opened in November 2025 and rent has commenced.
15 YEAR CORPORATE NNN LEASE WITH INCREASES IN INITIAL TERM
• This property features a 15-year corporate guaranteed NNN lease with Dollar General 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% increases every 5 years in the initial lease term and in each of the five 5-year option periods.
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 $18.16B.
$92,683 PROJECTED AVERAGE HOUSEHOLD INCOME
• The average household income is projected to increase to $92,683 within a 1 mile radius by 2029.
• The current 1 mile average household income is $77,235
TRI - CITIES MSA (SAGINAW – MIDLAND - BAY CITY, MI) | POPULATION: 377,474
• The subject property is located 35 minutes south of Saginaw & the Tri Cities of Michigan and is a part of the MSA.
• The Tri Cities are the cities surrounding the Saginaw Bay and Saginaw River with a population of 377,474.
• The Saginaw MSA has a population of 196,542 and is the county seat of Saginaw County
• Home to multiple Colleges and Universities including Delta College (13,775 Students) , Saginaw Valley State University (9,766 Students) and more.
• Saginaw’s economy is supported by innovation, clean energy, and continued manufacturing exports.
NEAR OWOSSO, MI | 31,500 JOBS WITH PROJECTED 28.8% GROWTH
• Owosso, MI is located 10 miles south of this Dollar General and is a manufacturing hub with 31,500 jobs.
• The employment rate is expected to grow by 28.8% over the next 10 years.
• This Dollar General is 10 miles from a retail corridor in Owosso with multiple national retailers including Kroger, Walmart, Home Depot, Meijer, and more.
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Investment Highlights
- 2025 Construction Dollar General On 5.03 Acres
- 15 Year Corporate NNN Lease With Increases In Initial Term
- $92,683 Projected Average Household Income
- Tri-Cities MSA (Saginaw- Midland-Bay City, MI) | Population: 377,474
- Near Owosso, MI | 31,500 Jobs With Projected 28.8% Growth
Exclusively Listed By
Broker of Record
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Listing Price: $2,184,000
Investment Highlights
- 2025 Construction Dollar General On 5.03 Acres
- 15 Year Corporate NNN Lease With Increases In Initial Term
- $92,683 Projected Average Household Income
- Tri-Cities MSA (Saginaw- Midland-Bay City, MI) | Population: 377,474
- Near Owosso, MI | 31,500 Jobs With Projected 28.8% Growth
Investment Overview
2025 CONSTRUCTION DOLLAR GENERAL ON 5.03 ACRES • 10,640 SF construction Dollar General sitting on 5.03 acers located in Oakley, MI. • This Dollar General opened in November 2025 and rent has commenced. 15 YEAR CORPORATE NNN LEASE WITH INCREASES IN INITIAL TERM • This property features a 15-year corporate guaranteed NNN lease with Dollar General 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% increases every 5 years in the initial lease term and in each of the five 5-year option periods. 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 $18.16B. $92,683 PROJECTED AVERAGE HOUSEHOLD INCOME • The average household income is projected to increase to $92,683 within a 1 mile radius by 2029. • The current 1 mile average household income is $77,235 TRI - CITIES MSA (SAGINAW – MIDLAND - BAY CITY, MI) | POPULATION: 377,474 • The subject property is located 35 minutes south of Saginaw & the Tri Cities of Michigan and is a part of the MSA. • The Tri Cities are the cities surrounding the Saginaw Bay and Saginaw River with a population of 377,474. • The Saginaw MSA has a population of 196,542 and is the county seat of Saginaw County • Home to multiple Colleges and Universities including Delta College (13,775 Students) , Saginaw Valley State University (9,766 Students) and more. • Saginaw’s economy is supported by innovation, clean energy, and continued manufacturing exports. NEAR OWOSSO, MI | 31,500 JOBS WITH PROJECTED 28.8% GROWTH • Owosso, MI is located 10 miles south of this Dollar General and is a manufacturing hub with 31,500 jobs. • The employment rate is expected to grow by 28.8% over the next 10 years. • This Dollar General is 10 miles from a retail corridor in Owosso with multiple national retailers including Kroger, Walmart, Home Depot, Meijer, and more. |
Exclusively Listed By
Broker of Record
Financing By