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Dollar General | "Plus" Store Prototype | Absolute NNN Lease

3828 IN-59, Brazil, IN 47834

Listing Price: $1,722,973

Cap Rate
5.45%
Tenant Name
Dollar General
Years Remaining On Lease
4.2
Gross SF
10,640
Guarantor
Corporate Guarantee
Rentable SF
10,640
Price/Gross SF
$161.93
Lease Type
Absolute Net
Rent Per Square Feet
$8.83

Investment Overview

“Dollar General Plus” Store Prototype – Larger Footprint of 10,640 Square Feet | Concrete Parking Lot | New Build in 2021 Benefits from Close Proximity to I-70 and Area Retail With Travelers and Hotel Guests | Excellent Exposure to Combined Traffic Count of just under 43,000 VPD | Excellent Visibility from I-70 on IN-59 (8,694 VPD) Adjacent to Best Western Plus Covered Bridge Inn – Best Western was a New Build in 2012 and is Currently Being Remodeled and Expanded Nearby Rodeway Inn, Pilot Travel Center, Speedway Travel Center, Road Ranger Truck Stop, and Petro Travel Center, and Area Restaurants Including McDonald’s, Burger King, Subway, and Cinnabon 16 Miles from Terre Haute, IN | Brazil is Part of the Terre Haute MSA With a Population of 186,637 | 60 Miles from Indianapolis, IN Average Household Income Within Three Miles is $77,056 – Above the National Average 14 Years Remaining on an Absolute NNN Lease – No Landlord Responsibilities| 10% Rental Increases in Each Five 5-Year Option Corporate Guarantee| Dollar General (NYSE: DG) Has Over 18,000 Locations in 47 States | Investment Grade Tenant | BBB Rating by S&P

Investment Highlights

  • New "Plus" Store Prototype | Larger Footprint of 10,640 SF | Concrete Parking Lot | New Build in 2021 | Benefits from Close Proximity to I-70 | Combined Traffic Count Exposure of Just Under 43,000
  • Part of Terre Haute, IN MSA with a Population of 186,637 | Average Household Income Within 3 Miles is $77,056 - Above the National Average
  • 14 Years Remaining on Absolute NNN Lease - No Landlord Responsibilities | Corporate Guarantee

Exclusively Listed By

Discount

Dollar General | "Plus" Store Prototype | Absolute NNN Lease

Listing Price: $1,722,973

Cap Rate
5.45%
Tenant Name
Dollar General
Years Remaining On Lease
4.2
Gross SF
10,640
Guarantor
Corporate Guarantee
Rentable SF
10,640
Price/Gross SF
$161.93
Lease Type
Absolute Net
Rent Per Square Feet
$8.83

Investment Highlights

  • New "Plus" Store Prototype | Larger Footprint of 10,640 SF | Concrete Parking Lot | New Build in 2021 | Benefits from Close Proximity to I-70 | Combined Traffic Count Exposure of Just Under 43,000
  • Part of Terre Haute, IN MSA with a Population of 186,637 | Average Household Income Within 3 Miles is $77,056 - Above the National Average
  • 14 Years Remaining on Absolute NNN Lease - No Landlord Responsibilities | Corporate Guarantee

Investment Overview

“Dollar General Plus” Store Prototype – Larger Footprint of 10,640 Square Feet | Concrete Parking Lot | New Build in 2021 Benefits from Close Proximity to I-70 and Area Retail With Travelers and Hotel Guests | Excellent Exposure to Combined Traffic Count of just under 43,000 VPD | Excellent Visibility from I-70 on IN-59 (8,694 VPD) Adjacent to Best Western Plus Covered Bridge Inn – Best Western was a New Build in 2012 and is Currently Being Remodeled and Expanded Nearby Rodeway Inn, Pilot Travel Center, Speedway Travel Center, Road Ranger Truck Stop, and Petro Travel Center, and Area Restaurants Including McDonald’s, Burger King, Subway, and Cinnabon 16 Miles from Terre Haute, IN | Brazil is Part of the Terre Haute MSA With a Population of 186,637 | 60 Miles from Indianapolis, IN Average Household Income Within Three Miles is $77,056 – Above the National Average 14 Years Remaining on an Absolute NNN Lease – No Landlord Responsibilities| 10% Rental Increases in Each Five 5-Year Option Corporate Guarantee| Dollar General (NYSE: DG) Has Over 18,000 Locations in 47 States | Investment Grade Tenant | BBB Rating by S&P

Exclusively Listed By

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