12139 IN-250 - Retail FOR SALE


Rising Sun, IN 47040
$1,884,569 USD
248-419-3842
12139 IN-250, Rising Sun, IN for Sale
$1,884,569 USD
Retail - FOR SALE
1/5
null | 6.6% Cap Rate

12139 IN-250
Rising Sun, IN 47040


HIGHLIGHTS

  • Zero Landlord Responsibilities | Concrete Parking Lot
  • 2026 BTS Plus Size Construction | NOW OPEN!
  • 5% Rental Rate Increases Every 5 Years!
  • 10 Mile Population 17,972
  • 2,127 Cars Per Day on IN-250
  • 3 Mile Household Income $86,993

OVERVIEW

Fortis Net Lease is pleased to present this 2026 BTS 10,640 SF. Dollar General Plus store located in East Enterprise (Rising Run), Indiana. The property is secured with a 15 year Absolute NNN Lease leaving zero landlord responsibilities. The lease contains 5% rental rate increases every 5 years including at each of the 5 (5 year) options to renew. The lease is corporately guaranteed by Dollar General Corporation which holds a credit rating of “BBB”, which is classified as Investment Grade. The store has completed construction and successfully opened for business in April 2026. This Dollar General is highly visible as it is strategically positioned on IN-250 seeing 5,303 cars per day. The 10 mile population from the site is 17,972 and the 3 mile average household income is $86,993 per year, making this location ideal for a Dollar General. It sists adjacent to a Marathon Gas station & is a necessary addition to the community. The Subject offering represents an ideal opportunity for a 1031 exchange buyer or a “passive” investor to attain the fee simple ownership of Dollar General. This investment will offer a new owner continued success due to the financial strength and the proven profitability of the tenant, the nation’s top dollar store. List price reflects a 6.60% cap rate based on NOI of $124,381.55. Instate Broker of Record: Brian Brockman | Bang Realty

FOR SALE DETAILS

PRICE

$1,884,569 USD

PRICE/SF

$177 USD /SF

CAP RATE

6.6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

4.26 AC

LAND SF

185,566 SF

ZONING

Commercial

APN/PARCEL ID

78-03-34-333-002.000-001

ASK ABOUT THIS PROPERTY

Kristen MichieFortis Net LeaseMore Info
248-419-3842

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Kristen MichieFortis Net LeaseMore Info
248-419-3842

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.