405 S Michigan Ave, Saginaw, MI 48602 For Sale

Dollar General at 405 South Michigan Avenue, Saginaw, MI 48602 presents an attractive net-leased investment opportunity featuring a 9,632 SF free-standing retail building on 0.77 acres in a dense Saginaw trade area. This well-established location has been successfully occupied by Dollar General since 2011, demonstrating long-term commitment to the site and providing investors with dependable in-place income.

The property is secured by a corporate-guaranteed Double NN lease from Dollar General (NYSE: DG), an investment-grade tenant rated BBB by S&P. Renovated to tenant specifications in 2012 and 2021, the asset offers minimal landlord responsibilities with tenant reimbursements for taxes, CAM, and insurance.

Positioned along South Michigan Avenue with traffic counts exceeding 16,000 vehicles per day, the site benefits from strong visibility and access near a signalized intersection and established national retailers. The surrounding consumer base is substantial, with more than 66,000 residents within 3 miles and over 107,000 within 5 miles, supporting consistent retail demand. Located in the heart of Saginaw, a key Mid-Michigan economic hub, this offering combines durable tenancy, strong demographics, and stable cash flow in a recession-resistant retail segment.