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2417 John A Williams Blvd, Bedford, IN, 47421

Dollar General
closed

Key Information

Cap Rate
7.75%
Tot. SF
9,100
Year Built
2018
Term Remaining
±7.7 YRS
Type
Retail
NOI
$84,840

Highlights

  • High-Ranking Store – According to AlphaMap, this location is the #1 most visited Dollar General in Bedford, Indiana. It ranks in the 85th percentile statewide and the 76th percentile nationally for customer visits — underscoring its strong retail performance and consistent foot traffic.
  • Investment-Grade Tenant – The lease is corporately guaranteed by Dollar General Corporation (NYSE: DG), which maintains an investment-grade credit rating of BBB from Standard & Poor’s. With a market capitalization of approximately $22 billion and a national footprint exceeding 20,000 stores across 48 states, Dollar General is a financially stable and rapidly expanding retailer.
  • Resilient, Essential Retailer – Recognized as a value-discounter and “essential” retailer, Dollar General performs strongly during both inflationary and recessionary cycles. In Q2 2025, the company reported $10.7 billion in net sales, reflecting a 5.1% year-over-year increase, alongside 2.8% growth in same-store sales.
  • Absolute NNN Lease – The property features an Absolute Triple-Net (NNN) lease structure, offering zero landlord responsibilities — providing investors with truly passive income.
  • Relocation Store – This store represents a relocation of an existing, established Dollar General, demonstrating the company’s continued commitment to the Bedford market. The relocation reflects Dollar General’s confidence in the area’s strong retail fundamentals, following detailed performance and site-selection analysis.
  • Ideal Demographics – The property benefits from strong area demographics, with an average household income of $77,986 within a 3-mile radius — aligning well with Dollar General’s customer base and growth strategy.

Photos

Location

Agents

Broker of Record

Kyle Matthews

License # 239410 (KY)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203