List price of $1,145,062 yielding a 7.50% cap rate
Over ±10.50 years remaining on the primary term including Five, 5-Year options with 10% rental increases at the start of each option period
2020 built-to-suit construction for Dollar General
The property is ±1.45 acres and includes a concrete parking lot with 28 spaces.
Absolute NNN lease with no management responsibilities, making this a perfect investment for passive investors
Corporate guaranty from Dollar General Corporation, a fortune 500, investment grade (S&P: BBB) tenant. Dollar General has over 21,000 locations nationwide and is one of the nation’s leading retailers
Patoka, IN is located less than ±4 miles from Princeton, IN & ±30 miles from Evansville, IN
There are over 22,000 residents living within a 10-mile radius with an average household income surpassing $84,053
Located on the main retail corridor in town near the U.S. Highway 41 off-ramp (±13,100 VPD)