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Dollar General | 15-Yr. Absolute NNN

8734 US-421, Napoleon, IN 47034

Listing Price: $1,833,000

Cap Rate
5.25%
Tenant Name
Dollar General
Years Remaining On Lease
14.9
Guarantor
Corporate Guarantee
Rentable SF
10,640
Lease Type
Absolute Net
Rent Per Square Feet
$9.05

Investment Overview

Marcus & Millichap is pleased to present the Dollar General in Napleon, Indiana.

Investment Highlights

  • 15-Year Absolute NNN Lease with No Landlord Responsibilities
  • Brand New Construction, Larger Format with Expanded Produce/Cooler Space
  • 10% Increases Every 5 Years Beginning in Each Option Period
  • Investment Grade Credit Tenant (Rated 'BBB' by S&P), Largest Retailer in the U.S. with 18,000+ Stores
  • Classified Nationally as an Essential Business for Daily Shopping Needs
  • Strategic Location in Underserved Retail Trade Area, Nearest Dollar Store Competitor is Over 10 Miles Away

Exclusively Listed By

Broker of Record

  • Josh Caruana

    First Vice President/District Manager

    (317) 218-5300

    License(s) IN: RB14034355

    Indiana

Financing By

Discount

Dollar General | 15-Yr. Absolute NNN

Listing Price: $1,833,000

Cap Rate
5.25%
Tenant Name
Dollar General
Years Remaining On Lease
14.9
Guarantor
Corporate Guarantee
Rentable SF
10,640
Lease Type
Absolute Net
Rent Per Square Feet
$9.05

Investment Highlights

  • 15-Year Absolute NNN Lease with No Landlord Responsibilities
  • Brand New Construction, Larger Format with Expanded Produce/Cooler Space
  • 10% Increases Every 5 Years Beginning in Each Option Period
  • Investment Grade Credit Tenant (Rated 'BBB' by S&P), Largest Retailer in the U.S. with 18,000+ Stores
  • Classified Nationally as an Essential Business for Daily Shopping Needs
  • Strategic Location in Underserved Retail Trade Area, Nearest Dollar Store Competitor is Over 10 Miles Away

Investment Overview

Marcus & Millichap is pleased to present the Dollar General in Napleon, Indiana.

Exclusively Listed By

Broker of Record

  • Josh Caruana

    First Vice President/District Manager

    (317) 218-5300

    License(s): IN: RB14034355

    Indiana

Financing By

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