Dollar General
4668 W Grand River Ave, Webberville, MI 48892
Key features
- 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.
Building Details
- For Sale $810,000
- Property Type Retail - Freestanding
- Property Size 14,500 SF
- Units 2
- Lot Size 3.19 Acre
- Additional Rent Price on request
- Property Tenancy Single Tenant
- Date Updated Oct 4, 2026
Reach out to the broker for more info on lease terms and amenities
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Contacts
Encore Real Estate Investment Services
Location
- City Webberville, MI
- Zip Code 48892
- Market Detroit
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Walk score 25/100 Car-Dependent
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Bike score 29/100 Somewhat Bikeable
Points of Interest
Mobil
0.81 miles
Pacific Pride
4.96 miles
Marathon
5.02 miles
Sunoco
5.06 miles
Citgo
5.07 miles
Speedway
5.47 miles
BP
5.52 miles
D&W Fresh Market
5.38 miles
Walmart Supercenter
5.51 miles
Listing Summary
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Property Financials 4668 W Grand River Ave is currently listed for sale at $810,000 for a price per square foot of $55.86.
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Property Details 4668 W Grand River Ave totals 14,500 square feet of Retail space on a lot spanning 3.19 acres.
Tenancy at 4668 W Grand River Ave is listed as Single Tenant, comprising a total of 2 units.
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Area Characteristics In terms of ease of commuting, the area has a walk score of 25, indicating that it is car-dependent.
Encore Real Estate Investment Services