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Brand New Construction Dollar General | Outside Fort Wayne | 15 Year Absolute Net Lease

4882 N 900 E, Van Buren (Near Fort Wayne), IN 46991

Listing Price: $1,792,935

Cap Rate
5.35%
Tenant Name
Dollar General
Years Remaining On Lease
15.5
Gross SF
10,640
Guarantor
Corporate Guarantee
Rentable SF
10,640
Price/Gross SF
$168.51
Lease Type
Absolute Net
Rent Per Square Feet
$9.02

Investment Overview

Van Buren is a town in Van Buren Township, Grant County, Indiana, located 36 Miles Southwest from Fort Wayne and 69 Miles Northeast from Indianapolis. Van Buren bills itself as the “Popcorn Capitol of the World.” The largest local employer is the Weaver Popcorn Company; accordingly, its most famous annual event is the Popcorn Festival, held each August.

Investment Highlights

  • 15-Year Absolute Net Lease (Zero Landlord Obligations) Featuring 10% Rental Increases at Each Option. Brand New 2022 Construction.
  • Ranked #112 on the Fortune 500 List. Dollar General (NYSE: DG) Features Investment Grade Credit Rating "BBB" by S&P's and Annual Revenue Exceeding $33.74 Billion.
  • Hard Corner Location - Features Easy Access and Excellent Visibility. Positioned Along one of the City's Main Roads. Near I-69.
  • Directly Across from Weaver Popcorn Co - One of the Largest Popcorn Processing Companies in the United States.

Exclusively Listed By

Broker of Record

  • Josh Caruana

    First Vice President/District Manager

    (317) 218-5300

    License(s) IN: RB14034355

    Indiana

Discount

Brand New Construction Dollar General | Outside Fort Wayne | 15 Year Absolute Net Lease

Listing Price: $1,792,935

Cap Rate
5.35%
Tenant Name
Dollar General
Years Remaining On Lease
15.5
Gross SF
10,640
Guarantor
Corporate Guarantee
Rentable SF
10,640
Price/Gross SF
$168.51
Lease Type
Absolute Net
Rent Per Square Feet
$9.02

Investment Highlights

  • 15-Year Absolute Net Lease (Zero Landlord Obligations) Featuring 10% Rental Increases at Each Option. Brand New 2022 Construction.
  • Ranked #112 on the Fortune 500 List. Dollar General (NYSE: DG) Features Investment Grade Credit Rating "BBB" by S&P's and Annual Revenue Exceeding $33.74 Billion.
  • Hard Corner Location - Features Easy Access and Excellent Visibility. Positioned Along one of the City's Main Roads. Near I-69.
  • Directly Across from Weaver Popcorn Co - One of the Largest Popcorn Processing Companies in the United States.

Investment Overview

Van Buren is a town in Van Buren Township, Grant County, Indiana, located 36 Miles Southwest from Fort Wayne and 69 Miles Northeast from Indianapolis. Van Buren bills itself as the “Popcorn Capitol of the World.” The largest local employer is the Weaver Popcorn Company; accordingly, its most famous annual event is the Popcorn Festival, held each August.

Exclusively Listed By

Broker of Record

  • Josh Caruana

    First Vice President/District Manager

    (317) 218-5300

    License(s): IN: RB14034355

    Indiana

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