Dollar General

4668 W Grand River Ave, Webberville, MI 48892

Property Information

  • For Sale $861,000
  • Property Type Retail - Freestanding
  • Property Size 14,500 SF
  • Units 2
  • Lot Size 3.19 Acre
  • Property Tenancy Single Tenant
  • Date Updated Jul 24, 2026

Description

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Highlights

  • 16+ Years of Occupancy Dollar General has successfully operated at this location since 2010 and recently exercised its second renewal option in 2026, demonstrating a long-term commitment to the site.
  • Below-Market Rent Basis providing a competitive occupancy cost and long-term tenant stability.
  • Established Retail Location Positioned within a long-standing retail corridor with a stable tenant mix and strong local consumer draw.
  • Existing Improvements in Place Vacant space includes existing subflooring, electrical infrastructure, and other improvements, reducing future tenant buildout costs.
  • Future Income Growth Potential Lease-up of the vacant space presents a clear path to increasing NOI and enhancing overall asset value.
  • Investment Grade Tenant (BBB Rated) Leased to Dollar General, one of the nation's largest discount retailers with a proven operating history and strong credit profile.
  • No Renewal Concessions Granted Tenant exercised its option without receiving rent concessions, tenant improvement allowances, or landlord incentives.
  • Potential for Multiple Tenants Additional space may be subdivided to accommodate one or two additional retail users, creating flexibility and upside potential.
  • Priced Below Replacement Cost Opportunity to acquire the asset at a basis significantly below the cost to develop a comparable property today.
  • Value-Add Opportunity Through Lease-Up Approximately 4,500 SF of adjacent vacant space provides an opportunity to create additional income and increase overall property value.

Contacts

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