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Absolute Net Dollar General | 10 Years Remaining | Proximity to Major Tourist Corridor

910 S Main St, Monticello, IN 47960

Listing Price: $1,650,000

Cap Rate
5.45%
Tenant Name
Dollar General
Years Remaining On Lease
10.0
Guarantor
Corporate Guarantee
Rentable SF
9,100
Lease Type
Absolute Net
Rent Per Square Feet
$9.87

Investment Overview

Marcus & Millichap is pleased to bring to market Dollar General located in Monticello, Indiana.

Investment Highlights

  • Ten Years Remaining on an Absolute Net Lease | No Landlord Responsibilities | Five, Five Year Renewal Options
  • High Visibility Along the Main Traffic Artery into Downtown Monticello | 6,700+ Vehicles per Day
  • Monticello is a Popular Tourist Destination Due to its Proximity to Lake Shafer and Lake Freeman | 1.3 Million Visitors Annually
  • Solid Demographics: Population of 8,519 Within Three Miles, 11,358 Within Five Miles and 20,572 Within 10 Miles of Subject
  • Average Household Incomes of $73,462 Within Three Miles, $76,822 Within Five Miles and $74,877 Within 10 Miles of Subject
  • Monticello is Two Hours North of Indianapolis, Indiana

Exclusively Listed By

Broker of Record

  • Josh Caruana

    First Vice President/District Manager

    (317) 218-5300

    License(s) IN: RB14034355

    Indiana

Financing By

Discount

Absolute Net Dollar General | 10 Years Remaining | Proximity to Major Tourist Corridor

Listing Price: $1,650,000

Cap Rate
5.45%
Tenant Name
Dollar General
Years Remaining On Lease
10.0
Guarantor
Corporate Guarantee
Rentable SF
9,100
Lease Type
Absolute Net
Rent Per Square Feet
$9.87

Investment Highlights

  • Ten Years Remaining on an Absolute Net Lease | No Landlord Responsibilities | Five, Five Year Renewal Options
  • High Visibility Along the Main Traffic Artery into Downtown Monticello | 6,700+ Vehicles per Day
  • Monticello is a Popular Tourist Destination Due to its Proximity to Lake Shafer and Lake Freeman | 1.3 Million Visitors Annually
  • Solid Demographics: Population of 8,519 Within Three Miles, 11,358 Within Five Miles and 20,572 Within 10 Miles of Subject
  • Average Household Incomes of $73,462 Within Three Miles, $76,822 Within Five Miles and $74,877 Within 10 Miles of Subject
  • Monticello is Two Hours North of Indianapolis, Indiana

Investment Overview

Marcus & Millichap is pleased to bring to market Dollar General located in Monticello, 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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