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26001 Eureka Rd, Taylor, MI, 48180

Dollar General

$1,180,628

Key Information

Cap Rate
7.5%
$ per SF
$157
Tot. SF
7,500
Lot Size
3.74 Acres
Year Built
2016
Term Remaining
± 5.3 Years
Type
Retail
Occupancy
1%
NOI
$88,547

Highlights

• Dollar General (NYSE: DG), a Fortune 500 company with an investment-grade BBB S&P credit rating, provides strong tenant credit and financial stability.
• Located in a major metropolitan area, providing access to a dense consumer base and strong population within a five-mile radius of the subject property.
• Positioned along a high-traffic roadway in one of the nation’s largest metropolitan areas, the site benefits from strong visibility and consumer access.
• The lease is backed by a corporate guarantee from Dollar General Corp., enhancing the overall credit profile of the investment.
• An Absolute NNN lease structure minimizes landlord responsibilities and supports passive ownership.
• Approximately 5.3 years of remaining lease term provide stable and predictable cash flow.
• The lease includes four 5-year renewal options, each featuring 10% rental increases, creating built-in income growth potential.
• The property occupies a strong retail location with limited nearby competition, helping support long-term store performance and tenant retention.
• The offering provides an attractive above-market yield, appealing to investors seeking durable net lease income.
• Dollar General’s discount retail model is generally viewed as resistant to economic downturns and e-commerce pressures.
• Originally developed as a Build-to-Suit in 2016, the property was designed specifically for the tenant’s operational needs.
• The store was renovated in 2024 by Dollar General, demonstrating continued capital investment and commitment to the location.
• The property’s all-brick construction offers superior durability, reduced maintenance requirements, and enhanced long-term residual value.

Photos

Location

Agents

Broker of Record

Matt Fitzgerald

License # 6502432668, 6505432273 (MI)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203