Discount
Dollar General
3640 N Mitthoefer Rd, Indianapolis, IN 46235
Listing Price: $1,350,000
Investment Overview
Dollar General Corporation (NYSE: DG) has been delivering value to shoppers for over 84 years. Dollar General helps shoppers save money and time every day by offering products that are frequently used and replenished.
Indianapolis is the 12th largest city in the U.S., and home to 810,000 residents in the city proper, with 2 million residents in the greater metropolitan area. Nicknamed the “Circle City,” and “Crossroads of America,” Indianapolis has more interstate highways bisecting the city and state than any other in the country, and half the nation’s population is within a days drive of Indianapolis which makes it a center for the transportation of goods.
Dollar General
Investment Highlights
- Absolute Triple-Net (NNN) Corporate Lease with Six Years Remaining
- 10 Percent Rental Increases in Each of Four, Five-Year Renewal Options
- Dense Indianapolis Infill with 162,213 Residents and 156,493 Daytime Employees Located Within a Five-Mile Radius
- Dollar General's Net Sales Increased 10.6 Percent to $37.8 Billion and Same-Store Sales Increased 4.3 Percent in 2022
- Visible to Nearly 16,000 Cars per Day Along North Mitthoefer Road
- Adjacent to a 12 Million Square-Foot Industrial Park
- Across From a 40-Acre Property Being Redeveloped by the City of Indianapolis as an Opportunity Hub for the Local Community
- Easily Accessible Location Less Than Three Miles Off Interstate Freeways 465 and 70, Both Major Connectors for Indianapolis and the Surrounding Areas
Listing Price: $1,350,000
Investment Highlights
- Absolute Triple-Net (NNN) Corporate Lease with Six Years Remaining
- 10 Percent Rental Increases in Each of Four, Five-Year Renewal Options
- Dense Indianapolis Infill with 162,213 Residents and 156,493 Daytime Employees Located Within a Five-Mile Radius
- Dollar General's Net Sales Increased 10.6 Percent to $37.8 Billion and Same-Store Sales Increased 4.3 Percent in 2022
- Visible to Nearly 16,000 Cars per Day Along North Mitthoefer Road
- Adjacent to a 12 Million Square-Foot Industrial Park
- Across From a 40-Acre Property Being Redeveloped by the City of Indianapolis as an Opportunity Hub for the Local Community
- Easily Accessible Location Less Than Three Miles Off Interstate Freeways 465 and 70, Both Major Connectors for Indianapolis and the Surrounding Areas
Investment Overview
Dollar General Corporation (NYSE: DG) has been delivering value to shoppers for over 84 years. Dollar General helps shoppers save money and time every day by offering products that are frequently used and replenished. Indianapolis is the 12th largest city in the U.S., and home to 810,000 residents in the city proper, with 2 million residents in the greater metropolitan area. Nicknamed the “Circle City,” and “Crossroads of America,” Indianapolis has more interstate highways bisecting the city and state than any other in the country, and half the nation’s population is within a days drive of Indianapolis which makes it a center for the transportation of goods.
