- For Sale $1,133,320
- Property Type Retail - Freestanding
- Property Size 9,100 SF
- Lot Size 3.32 Acre
- Property Tenancy Single Tenant
- Date Updated May 18, 2026
Description
xThe SVN Colvin Team is proud to present this Absolute NNN leased Dollar General investment located in beautiful Prescott Michigan. This Absolute NNN lease runs through 7-31-2032. Prescott is located in Eastern Mid-Michigan between the popular lakefront resort areas of Tawas City and Houghton Lake and offers year round activities like boating, golf, hiking, skiing, snowmobiling, wine tasting, craft breweries, antiquing, live music and much more. See why so many real estate investors like to visit their Michigan properties (and write-off their trip costs!).
This building was developed by one of the largest Dollar General developers in the Country. In addition to the 15-year lease, Dollar General has five renewal periods of 5 years each. The rent increases by 10% every five years during those renewal periods. A great price point and easy to finance.
The SVN Colvin Team specializes in Dollar General Properties and will make your purchase very smooth.
This location is part of a portfolio of Six Michigan NNN Leased Dollar Generals. It can be purchased separately or in groupings to fit a 1031 Exchange.
Highlights
- 15 Year NNN Lease
- Beautiful Resort Town
- Fortune 500 Tenant
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Contacts
Peter Colvin
SVN | Silveri Company
Location
Located at 1958 E. Greenwood Rd, Prescott, MI 48756, this property is part of the Skidway Lake neighborhood.
Contact Listing Broker
Peter Colvin
SVN | Silveri Company