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Dollar General - Indianapolis MSA

8760 Southeastern Ave, Indianapolis, IN 46239

Listing Price: $1,065,000

Cap Rate
6.25%
Tenant Name
Dollar General
Years Remaining On Lease
6.9
Gross SF
9,072
Guarantor
Corporate Guarantee
Rentable SF
9,072
Price/Gross SF
$117.39
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$7.34

Investment Overview

Marcus & Millichap is pleased to present the Dollar General located in Wanamaker, IN just 9 Miles from the city center of Indianapolis.? It is positioned on main thoroughfare where the 3 mile population has grown by 117% since 2000.? The 5 Mile population exceeds 103,120 residents.? Dollar General thrives at this location and has shown commitment by renewing early at this site Three times, and enjoys the low rent of $7.34 per square foot.? It is surrounded by national retailers including CVS, Taco Bell, AutoZone, Chase Bank, Wendy's and is located 2.2 Miles from the Marion County (Indiana) Fairgrounds.? This Dollar General is a top 20 store out of #133 within 50 Miles in terms of foot traffic by Placer.?ai

Investment Highlights

  • ?Over 7 Years Remaining on Corporate Guaranteed, Modified NNN Lease. Tenant has Occupied this Site Since 2004
  • It is positioned on main thoroughfare where the 3 mile population has grown by 117% since 2000.? The 5 Mile population exceeds 103,120 residents.?
  • Dollar General thrives at this location and has shown commitment by renewing early at this site Three times, and enjoys the low rent of $7.34 per square foot.?
  • It is surrounded by national retailers including CVS, Taco Bell, AutoZone, Chase Bank, Wendy's and is located 2.2 Miles from the Marion County (Indiana) Fairgrounds.?
  • This Dollar General is a top 20 store out of #133 within 50 Miles in terms of foot traffic by Placer.?ai

Exclusively Listed By

Financing By

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Dollar General - Indianapolis MSA

Listing Price: $1,065,000

Cap Rate
6.25%
Tenant Name
Dollar General
Years Remaining On Lease
6.9
Gross SF
9,072
Guarantor
Corporate Guarantee
Rentable SF
9,072
Price/Gross SF
$117.39
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$7.34

Investment Highlights

  • ?Over 7 Years Remaining on Corporate Guaranteed, Modified NNN Lease. Tenant has Occupied this Site Since 2004
  • It is positioned on main thoroughfare where the 3 mile population has grown by 117% since 2000.? The 5 Mile population exceeds 103,120 residents.?
  • Dollar General thrives at this location and has shown commitment by renewing early at this site Three times, and enjoys the low rent of $7.34 per square foot.?
  • It is surrounded by national retailers including CVS, Taco Bell, AutoZone, Chase Bank, Wendy's and is located 2.2 Miles from the Marion County (Indiana) Fairgrounds.?
  • This Dollar General is a top 20 store out of #133 within 50 Miles in terms of foot traffic by Placer.?ai

Investment Overview

Marcus & Millichap is pleased to present the Dollar General located in Wanamaker, IN just 9 Miles from the city center of Indianapolis.? It is positioned on main thoroughfare where the 3 mile population has grown by 117% since 2000.? The 5 Mile population exceeds 103,120 residents.? Dollar General thrives at this location and has shown commitment by renewing early at this site Three times, and enjoys the low rent of $7.34 per square foot.? It is surrounded by national retailers including CVS, Taco Bell, AutoZone, Chase Bank, Wendy's and is located 2.2 Miles from the Marion County (Indiana) Fairgrounds.? This Dollar General is a top 20 store out of #133 within 50 Miles in terms of foot traffic by Placer.?ai

Exclusively Listed By

Financing By

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