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29183950
29183956

57 N Caseville Rd, Pigeon, MI 48755

SR
MI MI - 6505425224, CA CA - 02101543 (+42)
ParaSell Inc
RB
MMG
MB
FL SL3618588
MMG Real Estate Advisors
Listed by ParaSell Inc, MMG, MMG Real Estate Advisors
$861,000
143 days on market
Updated 5 days ago

Dollar General - Pigeon | High Traffic Location

Details
Property Type Retail
Sub Type Storefront
Square Footage 9,014
Cap Rate 7.25%
NOI $62,400
Occupancy 100%
Tenancy Single
Brand/Tenant Dollar General
Lease Type NNN
Lease Expiration 05/31/2028
Remaining Term 2
Price per SqFt $96
Year Built 2006
Buildings 1
Stories 1
Acreage 0.780
Zoning C-Commercial

Retail | 7.25% CAP | 9,014 SqFt

Marketing description

Dollar General Corporation is a leading U.S. small-box discount retailer and a Fortune 500 company (ranked #112), built around a simple, durable value proposition: convenient locations and compelling prices on everyday essentials. Founded in 1939 and headquartered in Goodlettsville, Tennessee, Dollar General operates 20,500+ stores across 48 U.S. states (and also serves select markets in Mexico), supported by a scaled logistics platform that includes 34 distribution centers and 195,000+ employees. The chain’s consumables-forward assortment—food and snacks, health and beauty, cleaning supplies, paper goods, seasonal merchandise, and household essentials—creates a high-frequency “needs-based” shopping mission that drives repeat traffic and reinforces strong unit-level economics.

Dollar General’s financial profile reflects meaningful scale and continued top-line momentum. In fiscal 2024, the company generated $40.6 billion in net sales, representing 5.0% year-over-year growth, with same-store sales up 1.4%—a solid performance supported by contributions from new store openings and positive comps. Management continues to invest in initiatives designed to enhance customer experience and long-term profitability, including store refresh programs, supply chain efficiency, and a growing private brands portfolio. That private-brand strength has earned industry recognition, including Progressive Grocer Editors’ Pick honors and PLMA Salute to Excellence awards for select Dollar General brands, reinforcing credibility on both value and quality. The company has also received trade recognition for organizational leadership and vendor partnerships, including its Diverse Supplier Awards program and Mass Market Retailers’ “People Who Made a Difference” recognition for senior real estate leadership—an indicator of institutional capability in site selection, development, and disciplined growth execution.

Investment highlights

  • National Investment-Grade Tenant with Predictable Lease Structure

  • Long-Term Lease with Longevity and Renewal Optionality

  • Dominant Presence in a Primary Retail Corridor

  • Core Small-Town Demographics with Rural Catchment Dynamics

  • Regional Role as a Rural Service Center

  • Low Overhead and Passive Ownership Profile

  • Strategic Rural Retail Exposure with Limited Competition

Listing Contacts

SR
MI MI - 6505425224, CA CA - 02101543 (+42)
ParaSell Inc
RB
MMG
MB
FL SL3618588
MMG Real Estate Advisors
Listed by ParaSell Inc, MMG, MMG Real Estate Advisors

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$62,400.00
$5,200.00/mo

Valuation Metrics

0
DSCR
7.25%
Cap Rate
7.25%
ROI

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Additional Information

Name
Scott Reid
License
MI - 6505425224
Brokerage Phone
(949) 942-6578
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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