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Brand New Construction Dollar General | Outside Indianapolis | 15 Year Absolute Net Lease

110 W Jackson St, Parker City (Outside Indianapolis), IN 47368

Listing Price: $2,033,000

Cap Rate
5.00%
Tenant Name
Dollar General
Years Remaining On Lease
15.3
Gross SF
10,640
Guarantor
Corporate Guarantee
Rentable SF
10,640
Price/Gross SF
$191.07
Lease Type
Absolute Net
Rent Per Square Feet
$9.55

Investment Overview

Parker City is a town in Monroe Township, Randolph County, in the U.S. state of Indiana. Randolph County is a county located in the central section of U.S. state of Indiana, on its eastern border with Ohio.

Investment Highlights

  • 15-Year Absolute Net Lease (Zero Landlord Obligations) Featuring 10% Rental Increases at Each Option. Brand New 2022 Construction.
  • Ranked #91 on the Fortune 500 List. Dollar General (NYSE: DG) Features Investment Grade Credit Rating "BBB" by S&P's and Annual Revenue Exceeding $34.22 Billion.
  • Hard Corner Location - Features Easy Access and Excellent Visibility. Positioned Along one of the City's Main Roads with Daily Traffic Counts Exceeding 7k+ Vehicles.
  • Adjacent to Parker City Recreational Park and Family Dollar. Walking Distance from Monroe High, Junior and Elementary School.

Exclusively Listed By

  • Alvin N. Mansour

    Executive Managing Director Investments

    (858) 373-3184

    Email Alvin

    License(s): CA: 01391653, TX: 0606255

    San Diego

Broker of Record

  • Josh Caruana

    First Vice President/District Manager

    (317) 218-5300

    License(s) IN: RB14034355

    Indiana

Financing By

Discount

Brand New Construction Dollar General | Outside Indianapolis | 15 Year Absolute Net Lease

Listing Price: $2,033,000

Cap Rate
5.00%
Tenant Name
Dollar General
Years Remaining On Lease
15.3
Gross SF
10,640
Guarantor
Corporate Guarantee
Rentable SF
10,640
Price/Gross SF
$191.07
Lease Type
Absolute Net
Rent Per Square Feet
$9.55

Investment Highlights

  • 15-Year Absolute Net Lease (Zero Landlord Obligations) Featuring 10% Rental Increases at Each Option. Brand New 2022 Construction.
  • Ranked #91 on the Fortune 500 List. Dollar General (NYSE: DG) Features Investment Grade Credit Rating "BBB" by S&P's and Annual Revenue Exceeding $34.22 Billion.
  • Hard Corner Location - Features Easy Access and Excellent Visibility. Positioned Along one of the City's Main Roads with Daily Traffic Counts Exceeding 7k+ Vehicles.
  • Adjacent to Parker City Recreational Park and Family Dollar. Walking Distance from Monroe High, Junior and Elementary School.

Investment Overview

Parker City is a town in Monroe Township, Randolph County, in the U.S. state of Indiana. Randolph County is a county located in the central section of U.S. state of Indiana, on its eastern border with Ohio.

Exclusively Listed By

  • Alvin N. Mansour

    Executive Managing Director Investments

    (858) 373-3184

    Email Alvin

    License(s): CA: 01391653, TX: 0606255

    San Diego

Broker of Record

  • Josh Caruana

    First Vice President/District Manager

    (317) 218-5300

    License(s): IN: RB14034355

    Indiana

Financing By

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