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18414 Northland Drive Big Rapids, MI $ 1,425,000
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$ 1,425,000 Get more info
18414 Northland Drive
$ 1,425,000
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New Construction
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18414 Northland Drive

Big Rapids, MI, 49307
$ 1,425,000
Bedrooms-- Baths-- Sq 10,760

Monthly Estimate*

$ 8,890

18414 Northland Drive, Big Rapids, MI 49307 - Image 1
18414 Northland Drive, Big Rapids, MI 49307 - Image 2
18414 Northland Drive, Big Rapids, MI 49307 - Image 3
18414 Northland Drive, Big Rapids, MI 49307 - Image 4
18414 Northland Drive, Big Rapids, MI 49307 - Image 5

Commercial Property for sale in Big Rapids, MI

for $1,425,000. This 10,760 square foot building was built in 2021 on a lot size of 1.75.

Terrific investment opportunity for a 10,760 SF Dollar General Plus store located in Big Rapids, MI the home of Ferris State University. Built new in September 2021, this property offers an investor an Absolute NNN Lease with zero landlord responsibilities, and a corporate guaranteed lease by Dollar General Corporation which holds an S&P Global Rating of BBB. The store is highly visible with strong traffic patterns and good demographics. The original lease was for 15 years starting on September 15, 2021 with 10% bumps every 5 years. There are also 4 (5 year) options with 10% bumps at each option. The current NOI is $91,531 with an increase to $100,684.10 in September 2026. This investment is priced at $1,425,000 representing a 6.42% Cap Rate or $132.43 psf. This is an ideal investment for a 1031 Buyer or someone looking for "passive" income.

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Commercial Active

Price

$ 1,425,000

Property Type

Commercial

Taxes

$ 14,734

Style

Commercial Sale

Lot Size

1.75

Year Built

2021

Town/City

Big Rapids

County/Region

Mecosta

MLS | Web ID

292339
Features
General
Sewer Public Sewer
Heating Forced Air
Cooling Central Air Other
Utilities Water Available Sewer Available Electricity Available
Roof Flat Steel
Appliances None
Construction Materials Brick
Year Built 2021
Township Big Rapids Twp
Levels One
Property Subtype Commercial Sale
Tax Year 2024
Business Type Retail
County Mecosta
Net Operating Income 91531.0
New Construction Y
Property Type Commercial Sale
Attached Garage N
Subdivision Name None
Garage Y/N N
Status Active
Directions From Ferris State University (3.8 miles) head north on US-131 Business/Northland Drive for 3.6 miles and the store will be on your right. From US-131 take Exit 142 for 19 Mile Rd and head east for 1.
City Big Rapids
High School District Big Rapids
Zoning Description Zoning
Number Of Units Total 1
Lot Size Units Acres
Lot Size Square Feet 76230.0
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 14734.0
Property Condition New Construction
Lease Renewal Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Tax Assessed Value 507200
Legal Description SEC 34 T16N R10W COM AT SW COR SEC 34 TH N 0 DEG 10 M W ALG W SEC LINE 2130.28 FT TO POB TH N 0 DEG 10 M W 113.45 FT TH S 89 DEG 35 M E 100 FT TH N 0 DEG 10 M E 100 FT TH S 89 DEG 35 M E 248.16 FT TH
Senior Community None
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Interior
Basement Daylight Finished Full
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Above Grade Finished Area 10760.0
Laundry Features None
Total Baths 0
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Exterior
Parking Features Parking Lot Concrete
Lot Features City Lot Corner Lot
Water Source Public
Total Parking 43.0
Lot Size Area 1.75
Building Area Total 10760.0
Lot Dimensions 1.75+/- Acres
Lot Size Acres 1.75
Road Surface Type Paved
Waterfront Y/N N
Foundation Area 10760.0
Road Frontage Type City Street State Road
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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* Excluded Features
List By
Kelly Miller

Listing Agent

Berkshire Hathaway Homeservices

Broker

kmiller@tomieraines.com

Email

Affordability Calculator

$10,118
Per Month
88%
12%
0%
Monthly Principal & Interest
$8,890
Monthly Property Taxes
$1,228
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
5329306 Elementary School
5329308 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/31/2025$1,425,000 Listed Price

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18414 Northland Drive, Big Rapids, MI, 49307 is a Commercial Property for sale at $1,425,000 with 10,760 sqft and a lot size of 1.75. 18414 Northland Drive was built in 2021. The property's zip code is 49307 which is in Big Rapids, MI

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