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Dollar General Market

605 S Orange Street, Albion, IN 46701

Listing Price: $1,571,000

Cap Rate
7.00%
Tenant Name
Dollar General Corporation
Years Remaining On Lease
9.6
Guarantor
Corporate Guarantee
Rentable SF
11,000
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$10.00

Investment Overview

Marcus & Millichap is pleased to present for sale the Dollar General Market in Albion, Indiana.

The Property is secured by a brand-new 10-year lease with Dollar General, providing investors with long-term cash flow backed by one of the nation’s largest and most established discount retailers. The lease structure is Triple-Net (NNN), requiring the tenant to reimburse real estate taxes, insurance, common area maintenance expenses through monthly CAM contributions, and assume responsibility for HVAC maintenance and replacement. Landlord responsibilities are limited to roof and structural components, while also administering common area maintenance, creating a favorable balance of passive ownership and asset oversight.

Investment Highlights

  • Brand-New Dollar General Market
  • Complete Building Renovation 2026-New Roof Installed 2026
  • Only Grocery Store Offering in 10 Mile Radius
  • Rent Increases March 2031 and Each Option Period
  • Tenant Reimburses CAM, Property Taxes and Insurance

Exclusively Listed By

Discount

Dollar General Market

Listing Price: $1,571,000

Cap Rate
7.00%
Tenant Name
Dollar General Corporation
Years Remaining On Lease
9.6
Guarantor
Corporate Guarantee
Rentable SF
11,000
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$10.00

Investment Highlights

  • Brand-New Dollar General Market
  • Complete Building Renovation 2026-New Roof Installed 2026
  • Only Grocery Store Offering in 10 Mile Radius
  • Rent Increases March 2031 and Each Option Period
  • Tenant Reimburses CAM, Property Taxes and Insurance

Investment Overview

Marcus & Millichap is pleased to present for sale the Dollar General Market in Albion, Indiana. The Property is secured by a brand-new 10-year lease with Dollar General, providing investors with long-term cash flow backed by one of the nation’s largest and most established discount retailers. The lease structure is Triple-Net (NNN), requiring the tenant to reimburse real estate taxes, insurance, common area maintenance expenses through monthly CAM contributions, and assume responsibility for HVAC maintenance and replacement. Landlord responsibilities are limited to roof and structural components, while also administering common area maintenance, creating a favorable balance of passive ownership and asset oversight.

Exclusively Listed By

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