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Brand New Construction Dollar General | Outside Indianapolis | 15 Year Absolute Net Lease
110 W Jackson Street, Parker City (Outside Indianapolis), IN 47368
Listing Price: $1,848,164
Cap Rate
5.50%
Tenant Name
Dollar General
Years Remaining On Lease
14.5
Gross SF
10,640
Guarantor
Corporate Guarantee
Rentable SF
10,640
Price/Gross SF
$173.70
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.
Brand New Construction Dollar General | Outside Indianapolis | 15 Year Absolute Net Lease
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
Broker of Record
Financing By
Discount
Brand New Construction Dollar General | Outside Indianapolis | 15 Year Absolute Net Lease
Listing Price: $1,848,164
Cap Rate
5.50%
Tenant Name
Dollar General
Years Remaining On Lease
14.5
Gross SF
10,640
Guarantor
Corporate Guarantee
Rentable SF
10,640
Price/Gross SF
$173.70
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
Broker of Record
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Josh Caruana
First Vice President/District Manager
Financing By
