3424 Southside Ln - Freestanding FOR SALE


Hamilton, MI 49419
$662,133 USD
248-762-4318
3424 Southside Ln, Hamilton, MI for Sale
$662,133 USD
Freestanding - FOR SALE
1/3
null | 8.5% Cap Rate

3424 Southside Ln
Hamilton, MI 49419


HIGHLIGHTS

  • Freestanding 8,125 SF building on a 1-acre lot with 33 surface parking spaces
  • NNN Corporate Lease with 4.5 years remaining and minimal landlord responsibilities
  • Strategic West Michigan Location near high- traffic M-40 corridor (17,000+ VPD)
  • Part of a 7-building Dollar General Portfolio
  • Attractive Cap Rate with stable NOI and strong rent performance
  • Placer AI Numbers: 123,500 visits annually & $1.9 million in sales

OVERVIEW

This freestanding Dollar General store is part of a 7-property NNN leased portfolio and is located in suburban Allegan County, MI. The 8,125 SF building sits on a 1.00-acre lot with 33 surface parking spaces and 68 feet of frontage on Southside Lane, offering strong visibility near Lincoln Road (M-40), which sees over 17,000 vehicles per day. The property is 100% leased to Dollar General under a corporate-guaranteed NNN 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.

FOR SALE DETAILS

PRICE

$662,133 USD

PRICE/SF

$81 USD /SF

CAP RATE

8.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General- Hamilton

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1976

SPRINKLERS

-

PARKING SPACES

33

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

C1

APN/PARCEL ID

09-006-119-20

ASK ABOUT THIS PROPERTY

Alexa VeneziaStonepoint CREMore Info
248-762-4318

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Alexa VeneziaStonepoint CREMore Info
248-762-4318

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.