Skip to main content

Discount

Absolute Net Dollar General | 2019 Build | 12.5 Years Remaining | Madison, IN

3691 Clifty Dr, Madison, IN 47250

Listing Price: $1,625,000

Cap Rate
5.50%
Tenant Name
Dollar General
Years Remaining On Lease
11.9
Guarantor
Corporate Guarantee
Rentable SF
9,100
Lease Type
Absolute Net
Rent Per Square Feet
$9.66

Investment Overview

Marcus & Millichap is pleased to bring to market Dollar General located in Madison, IN.

Investment Highlights

  • Dollar General | 2019 Built-to-Suit Construction | Madison, IN
  • 12-Years Remaining on Absolute-Net Lease | Zero Landlord Responsibilities | Five, Five-Year Renewal Options with a 10 Percent Rental Increase in Each
  • Position Near the Intersection of IN-62 and IN-56 with Over 18,000 VPD
  • This Dollar General Ranks Better than 65 Percent of Dollar General
  • Locations Nationwide, 72 Percent of Dollar General Locations in Indiana and Ranks Higher than 64 Percent of Locations Within a 15 Mile Radius in Terms of Overall Annual Visitors - Placer.ai
  • Located Two Miles from Hanover College | Over 1,150 Students and Faculty
  • 43 Percent Growth in Household Incomes Since 2000 within Five Miles | 15 Percent Growth Projected in Five Years
  • Located 45 Miles Northeast of Louisville, KY | 83 Miles Southwest of Cincinnati, OH

Exclusively Listed By

Broker of Record

  • Josh Caruana

    First Vice President/District Manager

    (317) 218-5300

    License(s) IN: RB14034355

    Indiana

Discount

Absolute Net Dollar General | 2019 Build | 12.5 Years Remaining | Madison, IN

Listing Price: $1,625,000

Cap Rate
5.50%
Tenant Name
Dollar General
Years Remaining On Lease
11.9
Guarantor
Corporate Guarantee
Rentable SF
9,100
Lease Type
Absolute Net
Rent Per Square Feet
$9.66

Investment Highlights

  • Dollar General | 2019 Built-to-Suit Construction | Madison, IN
  • 12-Years Remaining on Absolute-Net Lease | Zero Landlord Responsibilities | Five, Five-Year Renewal Options with a 10 Percent Rental Increase in Each
  • Position Near the Intersection of IN-62 and IN-56 with Over 18,000 VPD
  • This Dollar General Ranks Better than 65 Percent of Dollar General
  • Locations Nationwide, 72 Percent of Dollar General Locations in Indiana and Ranks Higher than 64 Percent of Locations Within a 15 Mile Radius in Terms of Overall Annual Visitors - Placer.ai
  • Located Two Miles from Hanover College | Over 1,150 Students and Faculty
  • 43 Percent Growth in Household Incomes Since 2000 within Five Miles | 15 Percent Growth Projected in Five Years
  • Located 45 Miles Northeast of Louisville, KY | 83 Miles Southwest of Cincinnati, OH

Investment Overview

Marcus & Millichap is pleased to bring to market Dollar General located in Madison, IN.

Exclusively Listed By

Broker of Record

  • Josh Caruana

    First Vice President/District Manager

    (317) 218-5300

    License(s): IN: RB14034355

    Indiana

MM Texture Background
MM Textured Background Lower