Listed by AMC Real Estate
$800,000
Dollar General - Marcellus, MI
Details
Property Type Retail
Sub Type Convenience Store, Grocery Store
Square Footage 9,014
Cap Rate 9.22%
NOI $73,788
Occupancy 100%
Tenancy Single
Brand/Tenant Dollar General, Dollar Tree
Lease Type NN+
Lease Term 25.9
Lease Expiration 09/30/2030
Remaining Term 4.3
Broker Co-Op Yes
Year Built 2005
Acreage 1.530
Investment Type Net Lease
Tenant Credit Credit Rated, Corporate Guarantee
Lease Commencement 11/01/2004
Occupancy Date 11/01/2004
New 5-Year Extension | 20 Year Operating History
Marketing description
AMC Real Estate Investment Services is pleased to present a premier investment opportunity: a NN+ Dollar General property located at 596 W Main St, Marcellus, MI. This property offers stable income with minimal landlord responsibilities, making it an excellent addition to any investment portfolio.
Investment highlights
•9,014 SF Store situated on an oversized 1.53-acre lot
•Positioned on a hard corner, offering excellent visibility and traffic flow
•21,000 residents within a 10-mile radius
•Average household income exceeding $87,000 in the same radius
•Located 24 miles from Elkhart in the South Bend MSA
•19 miles from Portage within the Kalamazoo MSA
•Half a mile from Marcellus Elementary School, increasing accessibility for local families
Listing Contacts
Listed by AMC Real Estate
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$73,788.00
$6,149.00/mo
Valuation Metrics
0
DSCR
9.22%
Cap Rate
9.22%
ROI
Map
Zoning
E-1 SpecialEnterprise
View municipality zoning documents Upgrade to see the zone description and what's allowed on this property
Upgrade to search and view land use codes
View all 21 uses
View all 21 uses Last updated Apr 21, 2026 For deeper zoning details, reports are available at Zoneomics
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Name
License
Name
License
Brokerage Address
Is there information that looks off?
