Search Results for 

2828 Central Avenue - Dollar General, Lake Station, IN

Welcome to SHOWCASE.COM, the Web's most comprehensive source of commercial property data, where you can search from 900,000 listings nationwide. To see more Commercial Real Estate listings, Office Space, Industrial Space, Retail Space, Commercial Land, Multi-Family or other commercial property types, just click the button to the right.
2828 Central Avenue - Dollar General

Lake Station, IN 46405-2204 - Indiana Submarket

Property Type:Retail Sub Type:Freestanding Status:Existing Year Built:2010
Building Size:9,014 SF Land Area:1.27 AC (55,321 SF)
For Sale Price:$1,169,729 Price/SF:$129.77
Cap Rate:7.00 %
Parking:Free Surface spaces are available; Ratio of 2.47/1,000 SF
Features:Pylon Sign, Signage

Sale Notes:
9 Years of Base Lease Term Remaining
Dollar General’s base lease term expires March 31, 2025, followed by four, five-year renewal options
Rental Escalations
3% rental increase beginning in year 11, as well as 10% rental escalations at the beginning of each option
Corporate Guarantee
Guaranteed by Dollar General Corporation (S&P: BBB/Stable), with revenues of $20.37 billion, net income of $1.17 billion, and a net worth of $5.38 billion
NNN Lease w/Limited LL Responsibility
Landlord responsibilities limited to capital expenses to roof, structure and parking lot (fixed reimbursement)
Chicago MSA Acquisition Opportunity
Property is approximately 30 miles from Chicago-Proper and dense Chicago Neighborhoods
Excellent Access & Transportation
Near multiple modes of transportation, including I-90, I-65, and I-80/94 (144k+ combined VPD)
Ideal Dollar-Store Demographics
49k population and $52k+ HH income within a 3-mile radius

Stan Johnson Company
Brandon Duff
(312) 240-0162

Bradley Feller
(312) 240-0194

Isaiah Harf
(312) 777-2437

Share this listing

Copy and paste this HTML into your blog or web page:
<a href="" target="_blank">2828 Central Avenue - Dollar General, Lake Station, IN - Commercial property</a>

Send Email
Add a personalized message: (Optional)
Copyright © 1997-2016 CoStar Realty Information, Inc. All rights reserved.  |  About SHOWCASE.COM |  Advertise |  Site Map |  800-216-3234