34 views
Dollar General - 8800 Schaefer Highway, Detroit, MI 48228
8800 Schaefer Hwy, Detroit, MI 48228
Available Now
34 views
1 / 4
FOR SALERetail / Convenience Store
Cap Rate
7.6%
NOI
$94,985
Building Size
9,900SF
Lot Size
0.83Ac
Year Renovated
2014
Occupancy
100%
Listing Contacts
AI Property Insights
Distilled from listing data, documents and public records · 30-second read
Single-tenant Dollar General freestanding store in Detroit, Michigan, offered at $1,250,000 at a 7.6% cap ($94,985 NOI). The asset is secured by an absolute NNN lease with zero landlord responsibilities, providing fully passive income backed by one of America's largest and fastest-growing discount retailers.
The 9,900 SF building was renovated in 2014 and sits on 0.83 acres. Dollar General operates approximately 20,959 stores across the U.S. and Mexico, opened 589 new locations in 2025, and expects roughly 4,730 real estate projects in 2026. The company is ranked #109 on the Fortune 500, underscoring its scale and financial stability as a tenant.
Why it works
- Absolute NNN lease with zero landlord responsibilities
- Fortune 500 tenant (ranked #109) with 20,959+ operating locations
- 589 new store openings in 2025; 4,730 real estate projects planned for 2026
- 7.6% cap rate with $94,985 annual NOI
- Fully renovated 9,900 SF freestanding building on 0.83 acres
AI-generated. Verify figures, lease terms & zoning before relying on them.
More property details
Tenancy
Single Tenant
Currently Leased
No
Investment
Net Lease
Property Class
A
No of Buildings
1
Location
Loading map…
Dollar General - 8800 Schaefer Highway, Detroit, MI 48228
Location highlights
- Single Tenant Freestanding Dollar General in Detroit, MI
- Absolute NNN Lease Structure With Zero (0) Landlord Responsibilities
- Dollar General Operates Approximately 20,959 Stores Across the U.S. and Mexico, Opened 589 New Stores in 2025, and Expects Approximately 4,730 Real Estate Projects in 2026
- Ranked #109 on the Fortune 500, Dollar General Remains One of the Nation's Largest and Fastest-Growing Discount Retailers