801 W 7th St - Retail FOR SALE


Evart, MI 49631
$779,429 USD
248-762-4318
801 W 7th St, Evart, MI for Sale
$779,429 USD
Retail - FOR SALE
1/3
null | 7.25% Cap Rate

801 W 7th St
Evart, MI 49631


HIGHLIGHTS

  • Freestanding 8,125 SF building on 1-acre lot NNN Corporate Lease with 4.5 Years Remaining
  • Daily traffic over 10,000 VPD at a key corner in Evart’s retail corridor
  • Located in an Opportunity Zone – Offers potential tax advantages and long-term investment upside
  • Part of a 7-building Dollar General Portfolio
  • 173 ' of Road Frontage on 7th Street
  • Placer AI Ranks this location in the 88% for the State of Michigan AND ranked in the 79% nationwide

OVERVIEW

This offering features a freestanding, single-tenant Dollar General store located in Evart, Michigan—part of a 7-property NNN leased retail portfolio. Built in 2005, the 8,125 SF building sits on a 1-acre parcel at a high-visibility corner along US Highway 10 (West 7th Street) and Fair Street, with over 10,000 vehicles per day and excellent accessibility.The property is 100% leased to Dollar General under a NNN lease structure, offering stable income with minimal landlord responsibilities. It benefits from Opportunity Zone designation, favorable demographics, and an established rural trade area. With 38 surface parking spaces, strong traffic counts, and over 440 feet of frontage, the site is ideally suited for long-term retail performance. Placer AI Numbers:167,100 annual visits • $2.7 million in annual sales • 116,800 in sales transactions annually • Ranked in the 88% for the State of Michigan • Ranked in the 79% nationwide

FOR SALE DETAILS

PRICE

$779,429 USD

PRICE/SF

$96 USD /SF

CAP RATE

7.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General- Evart

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

38

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

C

APN/PARCEL ID

51-004-004-00

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 Notice.