Dollar General

405 South Michigan Avenue, Saginaw, MI 48602

Property Information

  • For Sale $1,000,000
  • Property Type Retail - Freestanding
  • Property Size 9,632 SF
  • Lot Size 0.77 Acre
  • Property Tenancy Single Tenant
  • Year Built 1948
  • Year Renovated 2011
  • Date Updated May 9, 2026

Description

Saginaw, Michigan is a regional economic hub located in the central portion of the state along the I-75 corridor, approximately 100 miles north of Detroit and 20 miles from the shores of Lake Huron. The city is part of the larger Great Lakes Bay Region, which also includes Bay City and Midland, creating a combined regional population of more than 400,000 residents. Saginaw benefits from strong regional connectivity through Interstate 75, Interstate 675, and M-46, providing convenient access to major Michigan markets and facilitating the movement of goods and commuters throughout the region. Historically rooted in manufacturing, Saginaw has evolved into a diversified economy supported by healthcare, education, advanced manufacturing, and logistics. Major employers in the area include Covenant HealthCare, Nexteer Automotive, and Saginaw Valley State University, which serves as a key educational and economic driver for the region. The city also serves as a retail and service center for surrounding communities, drawing consistent consumer traffic from across Saginaw County and neighboring counties. With ongoing regional investment, accessible transportation infrastructure, and a stable employment base, Saginaw continues to provide a strategic location for commercial businesses serving the broader Mid-Michigan market.-

Highlights

  • 9,632 SF Free-Standing Dollar General Situated on 0.77 Acres
  • Corporate Lease Guarantee from Dollar General (NYSE: DG) | Investment Grade Tenant | S&P Rating: BBB
  • Dense Consumer Base | 107,121 residents within a 5-mile radius | Demographics Well-Aligned with Dollar General’s Core Customer Base
  • Double "NN" Net Lease | Minimal LL Responsibilities
  • Property Renovated to Dollar General’s Specifications in 2012 & 2021
  • Proven Long-Term Operating History | Dollar General Has Successfully Occupied This Location Since 2011 Demonstrating Commitment To The Location
  • Recession-Resilient Retailer | Dollar General Remains One of The Most Durable Discount Retail Concepts
  • Strong Traffic Corridor | Located along S Michigan Ave w/ Traffic Counts Exceeding 16,000 VPD

Contacts

Deno Bistolarides

Encore Real Estate Investment Services

Location

Located at 405 South Michigan Avenue, Saginaw, MI 48602, this property is part of the Adams neighborhood.

Contact Listing Broker
Deno Bistolarides

Encore Real Estate Investment Services

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.