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Dollar General Portfolio with Assumable 3.88% Loan

406 S Main St, Walton, IN 46994

Listing Price: $1,220,000

Cap Rate
7.00%
Tenant Name
Dollar General
Years Remaining On Lease
9.8
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% interest rate that must be assumed by the buyer. Both Dollar Generals were built -to-suit in 2020 and have just under ten years remaining on the absolute net leases.

Investment Highlights

  • Portfolio of Two Dollar Generals With Attractive Loan That Must Be Assumed: 3.88% Interest Rate Through December 2031
  • Absolute Net Lease With Just Under 10 Years Remaining on Base Term – 6/30/2035
  • Corporate Guarantee with Over 20,000 Stores
  • Built-to-Suit in 2020

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

  • Josh Caruana

    First Vice President/District Manager

    (317) 218-5300

    License(s) IN: RB14034355

    Indiana

Discount

Dollar General Portfolio with Assumable 3.88% Loan

Listing Price: $1,220,000

Cap Rate
7.00%
Tenant Name
Dollar General
Years Remaining On Lease
9.8
Guarantor
Corporate Guarantee
Rentable SF
9,026
Lease Type
Absolute Net
Rent Per Square Feet
$9.46

Investment Highlights

  • Portfolio of Two Dollar Generals With Attractive Loan That Must Be Assumed: 3.88% Interest Rate Through December 2031
  • Absolute Net Lease With Just Under 10 Years Remaining on Base Term – 6/30/2035
  • Corporate Guarantee with Over 20,000 Stores
  • Built-to-Suit in 2020

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% interest rate that must be assumed by the buyer. Both Dollar Generals were built -to-suit in 2020 and have just under ten 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

  • Josh Caruana

    First Vice President/District Manager

    (317) 218-5300

    License(s): IN: RB14034355

    Indiana

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