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Dollar General | la Crosse, Indiana

11 W Main St, La Crosse, IN 46348

Listing Price: $1,845,200

Cap Rate
6.50%
Tenant Name
Dollar General
Years Remaining On Lease
15.2
Guarantor
Corporate Guarantee
Rentable SF
10,640
Lease Type
Absolute Net
Rent Per Square Feet
$11.27

Investment Overview

The subject property is a brand new 2024 construction ±10,566 square foot Dollar General located in La Crosse, Indiana.
Dollar General signed a fifteen-year triple net lease with five, five-year options to extend at 10% increases. Dollar General (NYSE: DG), a publicly traded company with an investment grade credit rating of “BBB” by Standard & Poor’s, has a market cap of $49.5 billion and an annual revenue north of $33.75 billion.

Investment Highlights

  • 2024 Construction | 15 Year Lease
  • No Immediate Competition
  • Corner Location

Exclusively Listed By

Broker of Record

  • Josh Caruana

    First Vice President/District Manager

    (317) 218-5300

    License(s) IN: RB14034355

    Indiana

Financing By

Discount

Dollar General | la Crosse, Indiana

Listing Price: $1,845,200

Cap Rate
6.50%
Tenant Name
Dollar General
Years Remaining On Lease
15.2
Guarantor
Corporate Guarantee
Rentable SF
10,640
Lease Type
Absolute Net
Rent Per Square Feet
$11.27

Investment Highlights

  • 2024 Construction | 15 Year Lease
  • No Immediate Competition
  • Corner Location

Investment Overview

The subject property is a brand new 2024 construction ±10,566 square foot Dollar General located in La Crosse, Indiana. Dollar General signed a fifteen-year triple net lease with five, five-year options to extend at 10% increases. Dollar General (NYSE: DG), a publicly traded company with an investment grade credit rating of “BBB” by Standard & Poor’s, has a market cap of $49.5 billion and an annual revenue north of $33.75 billion.

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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