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Dollar General

2257 Sunnyside Dr, Cadillac, MI 49601

Listing Price: $1,388,571

Cap Rate
7.00%
Tenant Name
Dollar General
Years Remaining On Lease
8.2
Gross SF
9,100
Guarantor
Corporate Guarantee
Rentable SF
9,100
Price/Gross SF
$152.59
Lease Type
Absolute Net
Rent Per Square Feet
$10.30

Investment Overview

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
  • Approximately 9,100 SF of gross leasable area
  • Necessity-based discount retailer with recession-resistant demand
  • Passive investment with minimal management responsibilities

Exclusively Listed By

Broker of Record

  • Paul Kerber

    Senior Managing Director Investments

    (248) 415-2600

    License(s) MI: 6502433613

    Michigan

Discount

Dollar General

Listing Price: $1,388,571

Cap Rate
7.00%
Tenant Name
Dollar General
Years Remaining On Lease
8.2
Gross SF
9,100
Guarantor
Corporate Guarantee
Rentable SF
9,100
Price/Gross SF
$152.59
Lease Type
Absolute Net
Rent Per Square Feet
$10.30

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
  • Approximately 9,100 SF of gross leasable area
  • Necessity-based discount retailer with recession-resistant demand
  • Passive investment with minimal management responsibilities

Investment Overview

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.

Exclusively Listed By

Broker of Record

  • Paul Kerber

    Senior Managing Director Investments

    (248) 415-2600

    License(s): MI: 6502433613

    Michigan

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