Dollar General NNN — Indianapolis, IN
$1,512,842 · 7.00% CAP · 5.2 YRS
Corporate Dollar General inside the Indianapolis MSA whose tenant already exercised its first option, leaving about 5.2 years of current term. Remaining option periods bump rent 9% each.
Lease Abstract
- Price
- $1,512,842
- Cap rate
- 7.00% CAP
- NOI
- $105,898
- Term remaining
- 5.2 YRS
- Lease type
- Absolute NNN
- Increases
- 9% in option periods
- Options
- Three (3), 5-Year Options
- Guarantee
- Corporate
- Building
- 9,230 SF
- Lot
- 1.6 AC
- Year built
- 2012
Listing information is deemed reliable but not guaranteed — pricing, cap rates, and lease terms are subject to change, prior sale, or withdrawal without notice.
Location
Indianapolis, Indiana. Full address and offering memorandum released on request — see our Dollar General tenant guide and the Indiana market page for the underwriting context.
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Listing information is deemed reliable but not guaranteed — pricing, cap rates, and lease terms are subject to change, prior sale, or withdrawal without notice.
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