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Brand New Construction Dollar General | Outside Fort Wayne | 15-Year Abs Net Lease | Relocation Site

801 E Main St, Gas City (Outside Fort Wayne), IN 46933

Listing Price: $1,660,800

Cap Rate
6.40%
Tenant Name
Dollar General
Years Remaining On Lease
15.40
Gross SF
10,640
Guarantor
Corporate Guarantee
Rentable SF
10,640
Price/Gross SF
$156.09
Lease Type
Absolute Net
Rent Per Square Feet
$9.99

Investment Overview

Gas City is a city in Grant County, Indiana, along the Mississinewa River, located about 46 Miles Southwest from Fort Wayne and 55 Miles Northeast from Indianapolis. Grant County is a county in central Indiana in the United States Midwest. The County consists of low rolling hills, covered with vegetation and devoted to agriculture or urban development

Investment Highlights

  • 15-Year Absolute Net Lease (Zero Landlord Obligations) Featuring 10% Rental Increases at Each Option. Brand New 2021 Construction.
  • Positioned Along City's Major Retail & Traffic Corridor: Features Easy Access and Excellent Visibility w/ Daily Traffic Counts Exceeding 13k Vehicles.
  • This Location is a Relocation Site from Across the Street - Demonstrating a Strong Commitment to the Area.
  • Ranked #119 on the Fortune 500 List. Dollar General (NYSE: DG) Features Investment Grade Credit Rating "BBB" by S&P's and Annual Revenue Exceeding $25.6 Billion
  • In Close Proximity to Indiana Wesleyan University - A Private Institution with a Total Enrollment of more than 2.8k Students.

Exclusively Listed By

Discount

Brand New Construction Dollar General | Outside Fort Wayne | 15-Year Abs Net Lease | Relocation Site

Listing Price: $1,660,800

Cap Rate
6.40%
Tenant Name
Dollar General
Years Remaining On Lease
15.40
Gross SF
10,640
Guarantor
Corporate Guarantee
Rentable SF
10,640
Price/Gross SF
$156.09
Lease Type
Absolute Net
Rent Per Square Feet
$9.99

Investment Highlights

  • 15-Year Absolute Net Lease (Zero Landlord Obligations) Featuring 10% Rental Increases at Each Option. Brand New 2021 Construction.
  • Positioned Along City's Major Retail & Traffic Corridor: Features Easy Access and Excellent Visibility w/ Daily Traffic Counts Exceeding 13k Vehicles.
  • This Location is a Relocation Site from Across the Street - Demonstrating a Strong Commitment to the Area.
  • Ranked #119 on the Fortune 500 List. Dollar General (NYSE: DG) Features Investment Grade Credit Rating "BBB" by S&P's and Annual Revenue Exceeding $25.6 Billion
  • In Close Proximity to Indiana Wesleyan University - A Private Institution with a Total Enrollment of more than 2.8k Students.

Investment Overview

Gas City is a city in Grant County, Indiana, along the Mississinewa River, located about 46 Miles Southwest from Fort Wayne and 55 Miles Northeast from Indianapolis. Grant County is a county in central Indiana in the United States Midwest. The County consists of low rolling hills, covered with vegetation and devoted to agriculture or urban development

Exclusively Listed By

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