Dollar General 5866 M 65 Local commercial 988 m² 100 % Loué À vendre Hale, MI 48739 1 809 905 € (1 830,98 €/m²) Taux de capitalisation 6,75 %

Fortis Net Lease is pleased to present this brand new 10,640 SF. Dollar General Plus store located in Hale, Michigan. The property is secured with a 15 year Absolute NNN Lease leaving zero landlord responsibilities. The lease contains 5% rent increases every 5 years including at each of the 5 (5 year) options to renew. The lease is corporately guaranteed by Dollar General Corporation which holds a credit rating of “BBB”, which is classified as Investment Grade. The store completed construction and successfully opened for business in February 2025.
This Dollar General plus is highly visible as it is strategically positioned off of M-65 which sees 2,864 cars per day. The 10 mile population from the site is 7,981 while the 3 mile average household income is $43,635 per year, making this location ideal for a Dollar General. This area is seeing excellent growth with the 5 mile population growth rate at 6.26%. The Subject offering represents an ideal opportunity for a 1031 exchange buyer or a “passive” investor to attain the fee simple ownership of Dollar General. This investment will offer a new owner continued success due to the financial strength and the proven profitability of the tenant, the nation’s top small box discount retailer. List price reflects a 6.65% cap rate based on the initial NOI of $138,000.