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Dollar General | 15 Yr Abs Net Lease w/ Rent Increases | 2024 Rare All-Wood Prototype Construction

8035 Pea Ridge Rd, Brookville (East Indiana), IN 47012

Listing Price: $2,015,000

Cap Rate
6.75%
Tenant Name
Dollar General
Years Remaining On Lease
15.0
Gross SF
10,640
Guarantor
Corporate Guarantee
Rentable SF
10,640
Price/Gross SF
$189.38
Lease Type
Absolute Net
Rent Per Square Feet
$12.78

Investment Overview

Brookville, Indiana, is nestled in the southeastern part of the state, known for its rich history and scenic beauty. Founded in 1808, it’s one of the state’s oldest communities, located in Franklin County along the banks of the Whitewater River. It is home to Brookville Lake, a large reservoir popular for boating, fishing, and outdoor recreation, drawing visitors from all over. Brookville’s downtown area features charming historic buildings, quaint shops, and local eateries that preserve the town’s small-town atmosphere. Historically, the town played a significant role in Indiana’s early development, with notable political figures, including Indiana’s governors, hailing from the area. The town maintains a close-knit community spirit, and its proximity to nature, combined with its historical significance, makes it a unique spot in Indiana.

Investment Highlights

  • 15-Year Absolute Net Lease (Zero Landlord Obligations) Feat. 5% Rental Increases Every 5 Years throughout the Initial Term and 5% at each Option. Brand New 2024 Rare All-Wood Prototype Construction.
  • Ranked #108 on the Fortune 500 List. Dollar General (NYSE: DG) Features Investment Grade Credit Rating "BBB" by S&P's and Annual Revenue Exceeding $37.84 Billion.
  • Walking Distance from Brookville Lake - 25+ Miles of Hiking Trails, Boating, and Nationally known Recreational and Sport Fishing, two Beaches and more than 400 Campsites.
  • Located at a Hard Corner - Features Easy Access and Excellent Visibility Along one of the City's Main Roads (IN-101) and Pea Ridge Road - the Road leads to a very Active Boat Launch Location just West of this Store.

Exclusively Listed By

  • Alvin N. Mansour

    Executive Managing Director Investments

    (858) 373-3184

    Email Alvin

    License(s): CA: 01391653, TX: 0606255

    San Diego Downtown

  • Jon Talia

    First Vice President Investments

    (858) 373-3186

    Email Jon

    License(s): CA: 02031343

    San Diego Downtown

Broker of Record

  • Josh Caruana

    First Vice President/District Manager

    (317) 218-5300

    License(s) IN: RB14034355

    Indiana

Financing By

Discount

Dollar General | 15 Yr Abs Net Lease w/ Rent Increases | 2024 Rare All-Wood Prototype Construction

Listing Price: $2,015,000

Cap Rate
6.75%
Tenant Name
Dollar General
Years Remaining On Lease
15.0
Gross SF
10,640
Guarantor
Corporate Guarantee
Rentable SF
10,640
Price/Gross SF
$189.38
Lease Type
Absolute Net
Rent Per Square Feet
$12.78

Investment Highlights

  • 15-Year Absolute Net Lease (Zero Landlord Obligations) Feat. 5% Rental Increases Every 5 Years throughout the Initial Term and 5% at each Option. Brand New 2024 Rare All-Wood Prototype Construction.
  • Ranked #108 on the Fortune 500 List. Dollar General (NYSE: DG) Features Investment Grade Credit Rating "BBB" by S&P's and Annual Revenue Exceeding $37.84 Billion.
  • Walking Distance from Brookville Lake - 25+ Miles of Hiking Trails, Boating, and Nationally known Recreational and Sport Fishing, two Beaches and more than 400 Campsites.
  • Located at a Hard Corner - Features Easy Access and Excellent Visibility Along one of the City's Main Roads (IN-101) and Pea Ridge Road - the Road leads to a very Active Boat Launch Location just West of this Store.

Investment Overview

Brookville, Indiana, is nestled in the southeastern part of the state, known for its rich history and scenic beauty. Founded in 1808, it’s one of the state’s oldest communities, located in Franklin County along the banks of the Whitewater River. It is home to Brookville Lake, a large reservoir popular for boating, fishing, and outdoor recreation, drawing visitors from all over. Brookville’s downtown area features charming historic buildings, quaint shops, and local eateries that preserve the town’s small-town atmosphere. Historically, the town played a significant role in Indiana’s early development, with notable political figures, including Indiana’s governors, hailing from the area. The town maintains a close-knit community spirit, and its proximity to nature, combined with its historical significance, makes it a unique spot in Indiana.

Exclusively Listed By

  • Alvin N. Mansour

    Executive Managing Director Investments

    (858) 373-3184

    Email Alvin

    License(s): CA: 01391653, TX: 0606255

    San Diego Downtown

  • Jon Talia

    First Vice President Investments

    (858) 373-3186

    Email Jon

    License(s): CA: 02031343

    San Diego Downtown

Broker of Record

  • Josh Caruana

    First Vice President/District Manager

    (317) 218-5300

    License(s): IN: RB14034355

    Indiana

Financing By

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