5698 Territorial Rd Benton Harbor, MI 49022

This exceptional investment opportunity presents a fee-simple ownership of a brand-new, 10,681 square-foot Dollar General PLUS store, constructed in 2022. Located at 5698 Territorial Rd, Benton Harbor, MI 49022, on a 1.63-acre lot, this property boasts a 13-year remaining lease term (initial 15-year lease commencing August 22, 2022, expiring August 31, 2037) with five, 5-year renewal options, each including a 10% rent increase. The absolute NNN lease structure eliminates management responsibilities, providing a passive income stream. The tenant, Dollar General Corporation, holds an investment-grade credit rating (BBB, S&P) and provides a corporate guarantee. The property generates a strong net operating income (NOI) of $91,000, resulting in an attractive 7% cap rate. This Dollar General PLUS location is a larger format store, indicating projected above-average sales volume. The property is 100% occupied and represents a secure, long-term investment in a proven, essential retail brand with a significant national footprint. This is a rare opportunity to acquire a high-quality, passively managed retail asset with substantial upside potential.