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Dollar General Market - Larger Format Store Concept | Outside Indianapolis | 15Yr Absolute Net Lease

2554 Cumberland St, Dublin (Outside Indianapolis), IN 47335

Listing Price: $1,787,600

Cap Rate
6.25%
Tenant Name
Dollar General Market
Years Remaining On Lease
15.0
Gross SF
12,480
Guarantor
Corporate Guarantee
Rentable SF
12,480
Price/Gross SF
$143.24
Lease Type
Absolute Net
Rent Per Square Feet
$8.95

Investment Overview

Dublin is a small town located in Wayne County, Indiana. It is located in the eastern part of the state. One of the most notable attractions in Dublin is the Dublin Covered Bridge, which was built in 1881 and is listed on the National Register of Historic Places. The bridge spans the west fork of the Whitewater River and is one of the few remaining covered bridges in Indiana. Another popular attraction in Dublin is the Gaar Farm Museum, which showcases the history of farming in the region. The museum is located on the former site of the Gaar family farm and features a collection of antique farm equipment and exhibits on farm life in the late 19th and early 20th centuries. Dublin is also known for its annual Irish Days festival, which celebrates the town’s Irish heritage with a parade, live music, food, and other activities. The festival typically takes place in late summer or early fall and attracts visitors from throughout the region. Overall, Dublin is a small but charming town with a rich history and several interesting attractions to explore.

Investment Highlights

  • 15-Year Absolute Net Lease (Zero Landlord Obligations) Featuring 10% Rental Increases at Each Option. Brand New 2023 Rare All-Wood Prototype 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.
  • Dollar General Market is a Larger Format Store with Expanded Grocery Offerings - This new Concept Offers Fresh Food Options including Fruits and Vegetables, Home Goods, Apparel and more.
  • Features Easy Access and Excellent Visibility - Positioned Along U.S. Route 40 / Historic National Rd, the City's Main Road.
  • In Close Proximity to Numerous Schools, providing for an Increased Potential Customer Base due to the Daily Commute of Parents, Students, and Teachers.

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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Dollar General Market - Larger Format Store Concept | Outside Indianapolis | 15Yr Absolute Net Lease

Listing Price: $1,787,600

Cap Rate
6.25%
Tenant Name
Dollar General Market
Years Remaining On Lease
15.0
Gross SF
12,480
Guarantor
Corporate Guarantee
Rentable SF
12,480
Price/Gross SF
$143.24
Lease Type
Absolute Net
Rent Per Square Feet
$8.95

Investment Highlights

  • 15-Year Absolute Net Lease (Zero Landlord Obligations) Featuring 10% Rental Increases at Each Option. Brand New 2023 Rare All-Wood Prototype 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.
  • Dollar General Market is a Larger Format Store with Expanded Grocery Offerings - This new Concept Offers Fresh Food Options including Fruits and Vegetables, Home Goods, Apparel and more.
  • Features Easy Access and Excellent Visibility - Positioned Along U.S. Route 40 / Historic National Rd, the City's Main Road.
  • In Close Proximity to Numerous Schools, providing for an Increased Potential Customer Base due to the Daily Commute of Parents, Students, and Teachers.

Investment Overview

Dublin is a small town located in Wayne County, Indiana. It is located in the eastern part of the state. One of the most notable attractions in Dublin is the Dublin Covered Bridge, which was built in 1881 and is listed on the National Register of Historic Places. The bridge spans the west fork of the Whitewater River and is one of the few remaining covered bridges in Indiana. Another popular attraction in Dublin is the Gaar Farm Museum, which showcases the history of farming in the region. The museum is located on the former site of the Gaar family farm and features a collection of antique farm equipment and exhibits on farm life in the late 19th and early 20th centuries. Dublin is also known for its annual Irish Days festival, which celebrates the town’s Irish heritage with a parade, live music, food, and other activities. The festival typically takes place in late summer or early fall and attracts visitors from throughout the region. Overall, Dublin is a small but charming town with a rich history and several interesting attractions to explore.

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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