4531 Lansing Rd - Convenience Store FOR SALE


Bancroft, MI 48414
$1,282,416 USD
248-833-6601
4531 Lansing Rd, Bancroft, MI for Sale
$1,282,416 USD
Convenience Store - FOR SALE
1/11
null | 7% Cap Rate

4531 Lansing Rd
Bancroft, MI 48414


HIGHLIGHTS

  • 7% Cap Rate | $89,769.12 NOI.
  • Average HH Income of $70,791 within 5 miles. 9,000+ Population within 5 miles. Zoned NA for versatile use.
  • Highly visible location, Ample parking space.
  • Strong investment potential.

OVERVIEW

Exclusive Realty is pleased to present an exceptional Absolute NNN Dollar General investment opportunity in Bancroft, Michigan, a charming community in Shiawassee County strategically positioned along Lansing Road between the larger employment and retail centers of Lansing, Owosso, and Flint. The property benefits from its location within a predominantly rural and residential trade area, where Dollar General serves as an important source of everyday necessities. The Bancroft location at 4531 Lansing Road is an established Dollar General store offering convenient access to food, snacks, health and beauty products, cleaning supplies, household goods, apparel, seasonal merchandise, and other everyday essentials; Dollar General also lists delivery and other convenience services at the location. Bancroft and the surrounding Shiawassee County market provide residents with a variety of local amenities, including restaurants, convenience stores, markets, banking, schools, community services, parks, and outdoor recreation. Local destinations include LB's Southern Kitchen, MJ Farms, Bancroft Lions Park, Bancroft Veterans Memorial, and Geeck Road County Park, which provides access to the Shiawassee River along with picnic, pavilion, restroom, and canoe-launch amenities. The broader Shiawassee County market offers additional shopping, healthcare, dining, education, recreation, cultural attractions, and employment opportunities in Owosso, Corunna, Durand, Perry, and other surrounding communities. The county's tourism and economic-development organizations emphasize its small-town quality of life, business opportunities, festivals, outdoor recreation, historic attractions, restaurants, and access to regional employment centers. Dollar General is one of America's largest discount retailers, with more than 18,000 stores in 46 states, according to the company's store information. Its business model focuses on convenient locations and value-priced merchandise, including food, snacks, health and beauty aids, cleaning supplies, basic apparel, housewares, seasonal products, paper goods, and other household necessities. The Bancroft store is particularly well positioned to serve the community because of the limited amount of competing full-service retail in the immediate area and its role as a convenient neighborhood destination for essential goods. The Absolute NNN lease offers investors a highly passive ownership structure, with the tenant responsible for property taxes, insurance, maintenance, and other operating expenses as provided by the lease. This combination of a nationally recognized essential retailer, established rural trade area, convenient highway location, and minimal landlord responsibilities creates an attractive long-term net-lease investment opportunity for investors seeking dependable income and reduced management obligations.

FOR SALE DETAILS

PRICE

$1,282,416 USD

PRICE/SF

$141 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2019

SPRINKLERS

-

PARKING SPACES

38

LAND DETAILS

LAND ACRES

1.99 AC

LAND SF

86,684 SF

ZONING

B3

APN/PARCEL ID

011-72-004-001-02

ASK ABOUT THIS PROPERTY

Steve SagmaniExclusive RealtyMore Info
248-833-6601

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Steve SagmaniExclusive RealtyMore Info
248-833-6601

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