Family Dollar

Strategic Location & Recreational Draw:
– Located directly off Interstate 75, the primary north-south corridor connecting Northern Michigan to major population centers, providing excellent visibility and convenient access for both local residents and travelers.
– Positioned in the heart of Northern Michigan’s outdoor recreation region, with close proximity to numerous lakes, trails, campgrounds, and state forest land that attract year-round visitors and seasonal tourism.
– Benefits from steady traffic generated by hunting, fishing, boating, snowmobiling, and ORV activities, making the property a convenient retail stop for both residents and tourists throughout the year.

Strong Accessibility & Community Presence:
– Situated along Mill Street with immediate access to I-75, allowing the property to serve a broad trade area extending beyond Vanderbilt and surrounding Otsego County communities.
– Functions as a key retail destination within a limited-service market, providing essential goods to local residents, seasonal visitors, and travelers passing through Northern Michigan.
– Vanderbilt’s affordable housing, growing recreational appeal, and strong community identity continue to support demand for necessity-based retail services.

Below Market Occupancy Cost
– Family Dollar is paying approximately $8.80 PSF in rent, providing the tenant with a highly affordable occupancy cost that supports long term store profitability.