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Dollar General | Abs Net | Assumable 3.88% Loan Available for the Portfolio

406 S Main St, Walton, IN 46994

Listing Price: $1,154,000

Cap Rate
7.40%
Tenant Name
Dollar General
Years Remaining On Lease
9.3
Guarantor
Corporate Guarantee
Rentable SF
9,026
Lease Type
Absolute Net
Rent Per Square Feet
$9.46

Investment Overview

Marcus & Millichap is pleased to present this portfolio of two Dollar Generals in Walton and Andrews Indiana. The portfolio has an attractive loan with a 3.88 percent interest rate that can be assumed by the buyer, or the properties can be sold individually without the assumable loan. Both Dollar Generals were built-to-suit in 2020 and have over nine years remaining on the absolute net leases.

Investment Highlights

  • Two Dollar Generals Available for Sale Individually or as a Portfolio
  • Absolute Net Lease With Over Nine Years Remaining on Base Term – 6/30/2035
  • Attractive Assumable Loan Available for the Portfolio: 3.88 Percent Interest Rate Through December 2031
  • Built-to-Suit in 2020
  • Corporate Guarantee with Over 20,000 Stores

Exclusively Listed By

  • Jeff R. Rowlett

    Senior Managing Director Investments

    (262) 364-1924

    Email Jeff

    License(s): WI: 74743-94, IL: 471.016866

    Milwaukee

Broker of Record

  • Julia Evinger

    Managing Director Investments

    (317) 218-5300

    License(s) IN: RB14040143

    Indiana

Financing By

Discount

Dollar General | Abs Net | Assumable 3.88% Loan Available for the Portfolio

Listing Price: $1,154,000

Cap Rate
7.40%
Tenant Name
Dollar General
Years Remaining On Lease
9.3
Guarantor
Corporate Guarantee
Rentable SF
9,026
Lease Type
Absolute Net
Rent Per Square Feet
$9.46

Investment Highlights

  • Two Dollar Generals Available for Sale Individually or as a Portfolio
  • Absolute Net Lease With Over Nine Years Remaining on Base Term – 6/30/2035
  • Attractive Assumable Loan Available for the Portfolio: 3.88 Percent Interest Rate Through December 2031
  • Built-to-Suit in 2020
  • Corporate Guarantee with Over 20,000 Stores

Investment Overview

Marcus & Millichap is pleased to present this portfolio of two Dollar Generals in Walton and Andrews Indiana. The portfolio has an attractive loan with a 3.88 percent interest rate that can be assumed by the buyer, or the properties can be sold individually without the assumable loan. Both Dollar Generals were built-to-suit in 2020 and have over nine years remaining on the absolute net leases.

Exclusively Listed By

  • Jeff R. Rowlett

    Senior Managing Director Investments

    (262) 364-1924

    Email Jeff

    License(s): WI: 74743-94, IL: 471.016866

    Milwaukee

Broker of Record

  • Julia Evinger

    Managing Director Investments

    (317) 218-5300

    License(s): IN: RB14040143

    Indiana

Financing By

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