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

312 E Jackson St, Shelburn, IN 47879

Listing Price: $1,480,330

Cap Rate
5.75%
Tenant Name
Dollar General
Years Remaining On Lease
13.8
Gross SF
10,566
Guarantor
Corporate Guarantee
Rentable SF
10,566
Price/Gross SF
$140.10
Lease Type
Absolute Net
Rent Per Square Feet
$8.06

Investment Overview

“Dollar General Plus” Store Prototype – Larger Footprint of 10,566 Square Feet | Concrete Parking Lot | New Build in 2000 Excellent Frontage on Jackson Street/IN-48 (14,743 VPD)| Nearest Dollar General is 13 Miles Away| Located 5 Miles from US-150 (17,760 VPD) Interchange to Terre Haute 18 Miles from Terre Haute, IN | Shelburn is Part of the Terre Haute MSA With a Population of 186,637 | 90 Miles from Indianapolis, IN Close Proximity to Shakamak State Park, Hillenbrand Fish & Wildlife Area, and Many Other Local Lakes and Recreational Areas 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 | Secure, Stable Cash Flow

Investment Highlights

  • New "Plus" Store Prototype - Larger Footprint of 10,566 SF | Concrete Parking Lot | New Build in 2020
  • 18 Miles from Terre Haute, IN | Shelburn is Part of the Terre Haute MSA with a Population of 186,637 | 90 Miles from Indianapolis, IN
  • 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: $1,480,330

Cap Rate
5.75%
Tenant Name
Dollar General
Years Remaining On Lease
13.8
Gross SF
10,566
Guarantor
Corporate Guarantee
Rentable SF
10,566
Price/Gross SF
$140.10
Lease Type
Absolute Net
Rent Per Square Feet
$8.06

Investment Highlights

  • New "Plus" Store Prototype - Larger Footprint of 10,566 SF | Concrete Parking Lot | New Build in 2020
  • 18 Miles from Terre Haute, IN | Shelburn is Part of the Terre Haute MSA with a Population of 186,637 | 90 Miles from Indianapolis, IN
  • 14 Years Remaining on Absolute NNN Lease - No Landlord Responsibilities | Corporate Guarantee

Investment Overview

“Dollar General Plus” Store Prototype – Larger Footprint of 10,566 Square Feet | Concrete Parking Lot | New Build in 2000 Excellent Frontage on Jackson Street/IN-48 (14,743 VPD)| Nearest Dollar General is 13 Miles Away| Located 5 Miles from US-150 (17,760 VPD) Interchange to Terre Haute 18 Miles from Terre Haute, IN | Shelburn is Part of the Terre Haute MSA With a Population of 186,637 | 90 Miles from Indianapolis, IN Close Proximity to Shakamak State Park, Hillenbrand Fish & Wildlife Area, and Many Other Local Lakes and Recreational Areas 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 | Secure, Stable Cash Flow

Exclusively Listed By

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