395 E South Ave

395 E South Ave, Hesperia, MI 49421

  • For Sale $779,310.23
  • Property Type Retail - Freestanding
  • Property Size 9,014 SF
  • Lot Size 1.04 Acre
  • Parking Spaces Avail. 35
  • Property Tenancy Single Tenant
  • Year Built 2005
  • Date Updated Jun 16, 2025
This portfolio of seven (7) Dollar General stores is strategically located throughout rural and suburban markets in Michigan, primarily within Newaygo County, part of the West Michigan region. These locations benefit from stable, low-competition trade areas, providing consistent customer traffic and strong tenant performance. The representative store highlighted in this listing is situated in Hesperia, MI (ZIP 49421), a suburban community with strong local demographics and growing household populations. The site features excellent visibility and accessibility, positioned along M-20 and major local corridors with daily traffic counts exceeding 4,667 vehicles. These markets support Dollar General’s core customer base with median household incomes around $48,000, limited retail alternatives, and above-average population growth projections through 2029. The area is served by the Grand Rapids–Kalamazoo–Battle Creek DMA, ensuring regional stability and long-term retail demand.This freestanding Dollar General store is part of a 7-property NN+ leased portfolio and is located in Newaygo County, MI. The 9,014 SF building sits on a 1.04-acre lot with 35 surface parking spaces and sees over 4,667 VPD. The property is 100% leased to Dollar General under a corporate-guaranteed NN+ lease with minimal landlord responsibilities and 4–5 years remaining on the term. With a low vacancy submarket, above-average household income, and stable retail demand, this property offers investors long-term income stability in a strategic West Michigan location.
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Highlights

  • Attractive Cap Rate with stable NOI and strong rent performance
  • Freestanding 9,014 SF building on a 1.04-acre lot with 35 surface parking spaces
  • NN+ Corporate Lease with 4–5 years remaining and minimal landlord responsibilities
  • Part of a 7-building Dollar General Portfolio
  • Strategic West Michigan Location near high-traffic M-20 corridor (4,667+ VPD)

Contacts

broker

P.A. Commercial

Location

Getting Around

  • Walk Score ®

    32/100 Car-Dependent
  • Bike Score ®

    37/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Hesperia, MI
  • Zip Code 49421

Points of Interest

  • Mobil

    0.38 miles

  • Wesco

    0.45 miles

  • Sunoco

    0.57 miles

  • Meijer Gas Station

    7.45 miles

  • Murphy USA

    7.53 miles

  • BP

    7.88 miles

  • Speedway

    7.94 miles

  • Marathon

    8.04 miles

  • Busch Oil

    8.04 miles

  • Horseshoe Motorcycle Trailhead

    5.86 miles

  • M-20 Motorsport Trailhead

    9.25 miles

  • Angelo's & Riccardo's

    0.40 miles

  • Subway

    0.44 miles

  • Moon Dance Cafe

    7.52 miles

  • El Burrito Feliz

    7.69 miles

  • Arby's

    7.74 miles

  • Taco Bell

    7.74 miles

  • Burger King

    7.75 miles

  • McDonald's

    7.76 miles

  • Spanky's Pizza

    7.87 miles

  • The Blind Squirrel Tavern

    8.27 miles

  • Meijer

    7.32 miles

  • Walmart Supercenter

    7.41 miles

  • ALDI

    7.47 miles

  • Bill's Shop N Save

    7.89 miles

Frequently Asked Questions

How much does 395 E South Ave cost?

The space currently listed for sale at 395 E South Ave asks for $779,310.23.

What is the total square footage of 395 E South Ave?

395 E South Ave totals 9,014 square feet.

When was this property built?

395 E South Ave was built in 2005.

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Contact Listing Broker
broker

P.A. Commercial

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