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34059188
34059190

7519 E Michigan Ave., Jackson, MI 49201

BB
MI 6501319610
Fortis Net Lease
Listed by Fortis Net Lease
$2,155,328
3 days on market
Updated 3 days ago

Jackson MI Dollar General With Rent Bumps

Details
Property Type Retail
Sub Type Dollar, General (+1)
Square Footage 10,640
Cap Rate 6.85%
NOI $147,640
Occupancy 100%
Tenancy Single
Brand/Tenant Dollar General, Dollar Tree (+2)
Lease Type Absolute NNN
Lease Expiration 07/31/2040
Remaining Term 14.1
Rent Bumps Yes
Lease Options Five (5 Year)
Price per SqFt $203
Broker Co-Op True
Year Built 2025
Buildings 1
Stories 1
Acreage 1.210
Zoning Commercial
Parking Spaces 45 spaces
Parking per 1,000 SqFt 4.23
Investment Type Net Lease
Tenant Credit Credit Rated, Corporate Guarantee
Lease Commencement 07/14/2025
Ground Lease No
Ownership Fee Simple

Huge population & Store is open!

Marketing description

Fortis Net Lease is pleased to present this 2025 BTS 10,640 SF. Dollar General Plus store located in Jackson, 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 completed construction and successfully opened for business in July 2025!

This Dollar General is highly visible as it is strategically positioned on the corner of Eastland Street & Michigan Avenue which sees 3,639 cars per day. This is the only dollar store serving the community! The 5 mile population from the site is 29,969 and the 1 mile average household income is $84,775 per year, making this location ideal for a Dollar General. 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 6.85% cap rate based on NOI of $147,640.

Investment highlights

  • Brand New 15 Year Absolute NNN Lease
  • Zero Landlord Responsibilities
  • 2 Points of Ingress/Egress | Easily Accessible from 2 Streets
  • 2025 BTS Plus Size Construction | Now Open!
  • Corner Location | 3,639 Cars Per Day
  • 5% Rental Rate Increases Every 5 Years!
  • 5 (5 Year) Options | 5% Increases At Each Option
  • 1 Mile Household Income $84,775
  • 5 Mile Population 29,969
  • The Only Dollar Store Serving This Community!
  • Investment Grade Dollar Store With "BBB" Credit Rating
  • Dollar General Corporate Guaranty

Listing Contacts

BB
MI 6501319610
Fortis Net Lease
Listed by Fortis Net Lease

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$147,640.00
$12,303.33/mo

Valuation Metrics

0
DSCR
6.85%
Cap Rate
6.85%
ROI

Map

Zoning

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B-1 CommercialNeighborhood CommercialNeighborhood Business District
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Last updated Feb 20, 2026 For deeper zoning details, reports are available at Zoneomics

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