10464 Old US Hwy 27 S, Gaylord, MI 49735

Fortis Net Lease is pleased to present this 2025 BTS 10,640 SF. Dollar General Plus store located in Gaylord, Michigan. The property is secured with a 15 year Absolute NNN Lease leaving zero landlord responsibilities. The lease contains 5% rental rate 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 has complete construction & successfully opened for business in August 2025.

This Dollar General is highly visible as it is strategically positioned off of Old US Highway 27 S in a limited competition area with the next dollar store over 7 miles away. The 10 mile population from the site is 14,950 and the 3 mile average household income is $72,196 per year, making this location ideal for a Dollar General. This is a high growth area with the 3 mile population growth rate at 9.16%! 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 dollar store. List price reflects a 6.70% cap rate based on NOI of $154,335.