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Shopping Community

Dollar General Anchored Two Tenant Center

52303 Emmons Rd, South Bend, IN 46637

Listing Price: $464,573

Cap Rate
8.49%
Gross SF
13,680
Rentable SF
13,680
Price/Gross SF
$33.96
Lot Size
1.34 acres
Year Built
1975

Investment Overview

Subject is a 13,680 Square-Foot Two Tenant
Retail/Office Building with Anchor Dollar General
on a 1.5-Acre Lot with Ample Parking and Easy
Ingress/Egress.
Modified Gross Lease with Six Years Remaining for
Dollar General, who has Operated at the Location
Since 1999 and Includes Rental Increases in
Options.

Investment Highlights

  • Tenant Dollar General (NYSE: DG) Currently Features a Stable Credit Rating of Baa2 (Stable) from Moody's and BBB (Stable) from S&P
  • Traffic Counts on Darden Road (2,540 VPD), a Half Mile off of Cleveland Road (22,299 VPD), and One Mile From Indiana SR 933 (10,905 VPD) (Source: LandVision, CoStar, 2022)
  • Thriving Community with an Average Household Income of Over $86,000 within Three Miles of the Subject Asset, as of 2022
  • Subject is Seven Miles from South Bend International Airport, Serving Over 364 Thousand Passengers Annually (flysbn.com)
  • Parks and Outdoor Recreational Facilities Nearby Include: Arlington Swim Club, Warren Golf Course, Notre Dame Stadium, Burk Golf Course, Pinhook Park, Wheelock Park, and More
  • Subject is Four Miles from Downtown South Bend with a Population of 103,353 (2021)

Exclusively Listed By

  • Jesse Limon

    Licensed Real Estate Salesperson

    (212) 430-5291

    Email Jesse

    License(s): IN: RB14048415, NY: 10401271892

    Manhattan

Broker of Record

  • Josh Caruana

    First Vice President/District Manager

    (317) 218-5300

    License(s) IN: RB14034355

    Indiana

Financing By

Shopping Community

Dollar General Anchored Two Tenant Center

Listing Price: $464,573

Cap Rate
8.49%
Gross SF
13,680
Rentable SF
13,680
Price/Gross SF
$33.96
Lot Size
1.34 acres
Year Built
1975

Investment Highlights

  • Tenant Dollar General (NYSE: DG) Currently Features a Stable Credit Rating of Baa2 (Stable) from Moody's and BBB (Stable) from S&P
  • Traffic Counts on Darden Road (2,540 VPD), a Half Mile off of Cleveland Road (22,299 VPD), and One Mile From Indiana SR 933 (10,905 VPD) (Source: LandVision, CoStar, 2022)
  • Thriving Community with an Average Household Income of Over $86,000 within Three Miles of the Subject Asset, as of 2022
  • Subject is Seven Miles from South Bend International Airport, Serving Over 364 Thousand Passengers Annually (flysbn.com)
  • Parks and Outdoor Recreational Facilities Nearby Include: Arlington Swim Club, Warren Golf Course, Notre Dame Stadium, Burk Golf Course, Pinhook Park, Wheelock Park, and More
  • Subject is Four Miles from Downtown South Bend with a Population of 103,353 (2021)

Investment Overview

Subject is a 13,680 Square-Foot Two Tenant Retail/Office Building with Anchor Dollar General on a 1.5-Acre Lot with Ample Parking and Easy Ingress/Egress. Modified Gross Lease with Six Years Remaining for Dollar General, who has Operated at the Location Since 1999 and Includes Rental Increases in Options.

Exclusively Listed By

  • Jesse Limon

    Licensed Real Estate Salesperson

    (212) 430-5291

    Email Jesse

    License(s): IN: RB14048415, NY: 10401271892

    Manhattan

Broker of Record

  • Josh Caruana

    First Vice President/District Manager

    (317) 218-5300

    License(s): IN: RB14034355

    Indiana

Financing By

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