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  1. Commercial Properties
  2. MI
  3. Saginaw

Dollar General

For Sale

405 South Michigan Avenue, Saginaw, MI 48602

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.-

Key features

  • 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

Building Details

  • For Sale $1,000,000
  • Property Type Retail - Freestanding
  • Property Size 9,632 SF
  • Lot Size 0.77 Acre
  • Additional Rent Price on request
  • Property Tenancy Single Tenant
  • Year Built 1948
  • Year Renovated 2011
  • Date Updated Oct 4, 2026
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Contacts

broker
Deno Bistolarides

Encore Real Estate Investment Services

Location

  • City Saginaw, MI
  • Neighborhood Adams
  • Zip Code 48602
  • Map
  • Street
  • Walk score 84/100 Very Walkable
  • Bike score 63/100 Bikeable
Powered by Walk Score ®

Points of Interest

BP

0.04 miles

Sunoco

0.07 miles

Marathon

0.57 miles

Mobil

1.57 miles

Admiral Petroleum

1.57 miles

City of Saginaw Parking Lot

1.95 miles

Commerce Center Parking

1.95 miles

County of Saginaw Parking Ramp

2.00 miles

Denron Private Parking Lot

2.04 miles

M-81 Express Stop

4.63 miles

University Village West Parking

6.49 miles

Lot A

6.55 miles

Lot R

6.63 miles

Parking- Disabled and Cardinal Athletic Club

6.64 miles

Kroger

2.59 miles

Gordon Food Service

3.26 miles

Save-A-Lot

3.33 miles

Walmart Supercenter

3.45 miles

ALDI

3.70 miles

JCPenney

4.09 miles

Macy's

4.20 miles

Fashion Square Mall

4.26 miles

Burlington

4.30 miles

TJ Maxx

4.40 miles

Listing Summary

  • Property Financials

    405 South Michigan Avenue is currently listed for sale at $1,000,000 for a price per square foot of $103.82.

  • Property Details

    405 South Michigan Avenue totals 9,632 square feet of Retail space on a lot spanning 0.77 acres. The property was initially built in 1948, being last renovated in 2011.

    Tenancy at 405 South Michigan Avenue is listed as Single Tenant.

  • Area Characteristics

    405 South Michigan Avenue is located in the Adams neighborhood.

    In terms of ease of commuting, the area has a walk score of 84, indicating that it is very walkable.

Contact Deno Bistolarides
broker
Deno Bistolarides

Encore Real Estate Investment Services

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