Discount
Dollar General
221 W School St, Leesburg, IN 46538
Listing Price: $1,140,506
Investment Overview
Built in 2015 | 4.67 Years Remaining on an Absolute Triple-Net Lease – No Landlord Responsibilities | 10 Percent Rental Increases in Each Five Five-Year Option
Tenant Recently Completed an Interior Remodel, Showing Commitment to Site
Lake Town Dollar General – Property is Within 10 Miles of 12 Lakes and Several Conservation Areas
Three Miles North of Downtown Warsaw – the Orthopedic Capital of the World | Home of Zimmer Biomet Holdings, Inc. (10,000 Employees in Warsaw and 20,000 Worldwide with a $17.5 Billion Market Cap) and DePuy Synthes (Approximately 10,000 Employees in Warsaw and 20,000 Worldwide with $9.2 Billion 2024 Revenues) | DePuy Synthes is Headquartered in Warsaw and is the Orthopedic Company of Johnson & Johnson (2024 Revenues of $88.82 Billion)
Three Miles from IN-15/US-30 Interchange (Combined Traffic Count of 38,601 Vehicles per Day) and
Warsaw Municipal Airport | 47 Miles from Fort Wayne, Indiana
Leesburg is Part of the Fast-Growing Warsaw MSA With a Population of 79,456
Leesburg and the Surrounding Area Has Been Experiencing Great Population Growth | Projected 10-Mile Population Increase from 2010 to 2030 is 8.7 Percent | Current 10-Mile Daytime Population is 67,610
Corporate Guarantee| Dollar General (NYSE: DG) Has Over 20,500 Locations in 48 States | Investment Grade Tenant | BBB Rating by S&P
Investment Highlights
- 4.67 Years Remaining on an Absolute Triple-Net Lease - No Landlord Responsibilities | Inflation Hedge: 10 Percent Rental Increases at Each Five-Year Option | Corporate Guarantee
- Lake Town Dollar General - Property is Located Within 10 Miles of 12 Lakes and Several Conservation Areas
- Three Miles North of Downtown Warsaw | Part of the Warsaw, Indiana MSA | Warsaw is the Orthopedic Capital of the World
Exclusively Listed By
Listing Price: $1,140,506
Investment Highlights
- 4.67 Years Remaining on an Absolute Triple-Net Lease - No Landlord Responsibilities | Inflation Hedge: 10 Percent Rental Increases at Each Five-Year Option | Corporate Guarantee
- Lake Town Dollar General - Property is Located Within 10 Miles of 12 Lakes and Several Conservation Areas
- Three Miles North of Downtown Warsaw | Part of the Warsaw, Indiana MSA | Warsaw is the Orthopedic Capital of the World
Investment Overview
Built in 2015 | 4.67 Years Remaining on an Absolute Triple-Net Lease – No Landlord Responsibilities | 10 Percent Rental Increases in Each Five Five-Year Option Tenant Recently Completed an Interior Remodel, Showing Commitment to Site Lake Town Dollar General – Property is Within 10 Miles of 12 Lakes and Several Conservation Areas Three Miles North of Downtown Warsaw – the Orthopedic Capital of the World | Home of Zimmer Biomet Holdings, Inc. (10,000 Employees in Warsaw and 20,000 Worldwide with a $17.5 Billion Market Cap) and DePuy Synthes (Approximately 10,000 Employees in Warsaw and 20,000 Worldwide with $9.2 Billion 2024 Revenues) | DePuy Synthes is Headquartered in Warsaw and is the Orthopedic Company of Johnson & Johnson (2024 Revenues of $88.82 Billion) Three Miles from IN-15/US-30 Interchange (Combined Traffic Count of 38,601 Vehicles per Day) and Warsaw Municipal Airport | 47 Miles from Fort Wayne, Indiana Leesburg is Part of the Fast-Growing Warsaw MSA With a Population of 79,456 Leesburg and the Surrounding Area Has Been Experiencing Great Population Growth | Projected 10-Mile Population Increase from 2010 to 2030 is 8.7 Percent | Current 10-Mile Daytime Population is 67,610 Corporate Guarantee| Dollar General (NYSE: DG) Has Over 20,500 Locations in 48 States | Investment Grade Tenant | BBB Rating by S&P
Exclusively Listed By