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Dollar General | New 5 Year Extension

685 W Walnut St, Argos, IN 46501

Listing Price: $917,000

Cap Rate
7.33%
Tenant Name
Dollar General
Years Remaining On Lease
4.9
Guarantor
Corporate Guarantee
Rentable SF
9,014
Lease Type
Double Net
Rent Per Square Feet
$7.46

Investment Overview

Property Benefits from Excellent Access to US-31 (22,067 VPD) – Less Than 0.1 Miles

Located Across the Street from McDonalds, BP Gas Station, and Subway – Property Location Benefits from Travelers on US-31 and Those Visiting These Nearby Retailers

Across the Street from Argos Community Park, with the Argos Disc Golf Course and Eugene Snyder Ball Field | Adjacent to Argos Parks and Recreation Public Fishing Pond & Picnic Area and Foker Park | Less Than One Mile from Marshall County Fairgrounds

Nearest Dollar General is Almost 10 Miles Away

North Central Indiana Location With Proximity to Large Cities | 1 Hour West of Fort Wayne, IN | 2 Hours Southeast of Chicago, IL and 2 Hours North of Indianapolis, IN

Property is 9 Miles East of Culver Academies – On 1,800 Acres, Culver Academies is in the Top 10% in the US in the Category of Private Schools with Over 400 Students

Minutes from Lake Maxinkuckee –Indiana’s 2nd-Largest Natural Lake | Rated Best Vacation Lake in the State (Money Talks News, 2021)

Parking Lot Restriped and Resealed in August of 2022

Corporate Guarantee| Dollar General (NYSE: DG) Has Over 18,000 Locations in 47 States | Investment Grade Tenant | BBB Rating by S&P

Investment Highlights

  • Property Benefits from Excellent Access to US-31 (22,067 Vehicles Per Day) – Less Than 0.1 Miles | Located Across the Street from McDonalds, BP Gas Station, and Subway
  • Nearest Dollar General is Almost Ten Miles Away | Parking Lot Restriped and Resealed in August of 2022
  • Minutes from Lake Maxinkuckee –Indiana's Second-Largest Natural Lake | Rated Best Vacation Lake in the State (Money Talks News, 2021)

Exclusively Listed By

Discount

Dollar General | New 5 Year Extension

Listing Price: $917,000

Cap Rate
7.33%
Tenant Name
Dollar General
Years Remaining On Lease
4.9
Guarantor
Corporate Guarantee
Rentable SF
9,014
Lease Type
Double Net
Rent Per Square Feet
$7.46

Investment Highlights

  • Property Benefits from Excellent Access to US-31 (22,067 Vehicles Per Day) – Less Than 0.1 Miles | Located Across the Street from McDonalds, BP Gas Station, and Subway
  • Nearest Dollar General is Almost Ten Miles Away | Parking Lot Restriped and Resealed in August of 2022
  • Minutes from Lake Maxinkuckee –Indiana's Second-Largest Natural Lake | Rated Best Vacation Lake in the State (Money Talks News, 2021)

Investment Overview

Property Benefits from Excellent Access to US-31 (22,067 VPD) – Less Than 0.1 Miles Located Across the Street from McDonalds, BP Gas Station, and Subway – Property Location Benefits from Travelers on US-31 and Those Visiting These Nearby Retailers Across the Street from Argos Community Park, with the Argos Disc Golf Course and Eugene Snyder Ball Field | Adjacent to Argos Parks and Recreation Public Fishing Pond & Picnic Area and Foker Park | Less Than One Mile from Marshall County Fairgrounds Nearest Dollar General is Almost 10 Miles Away North Central Indiana Location With Proximity to Large Cities | 1 Hour West of Fort Wayne, IN | 2 Hours Southeast of Chicago, IL and 2 Hours North of Indianapolis, IN Property is 9 Miles East of Culver Academies – On 1,800 Acres, Culver Academies is in the Top 10% in the US in the Category of Private Schools with Over 400 Students Minutes from Lake Maxinkuckee –Indiana’s 2nd-Largest Natural Lake | Rated Best Vacation Lake in the State (Money Talks News, 2021) Parking Lot Restriped and Resealed in August of 2022 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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