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169 N Main St, North Salem, IN, 46165

DOLLAR GENERAL
$1,258,600

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Highlights

INVESTMENT HIGHLIGHTS

  • Absolute NNN – Zero Landlord Responsibilities
  • Dollar General is Accompanied by an Investment Grade “BBB” Credit Rating
  • Located Next to North Salem Elementary School
  • Long Lease Term Remaining – ±11.4 Years Remaining on the Current Term
  • Zero Competition in the Area – Dollar General is the Only Corporate Tenant in the area
  • Recession Resistant Tenant – Dollar General has Been Historically Profitable During Times of Market Uncertainty – Boasting a Silver Globe Business Excellence Award for Their Response to the COVID-19 Pandemic.
  • Corporate Guarantee
  • Located on N Main Street – Sees an Estimated 2,062 VPD

Location

Agents

Broker of Record

Kyle Matthews

License # RC52200195 (IN)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203

Key Information

Cap Rate
7.15%
Year Built
2021
Term Remaining
±11.4 YRS
Type
Retail
NOI
$89,989
Leasable Area
9,026