127 Green st - Retail FOR SALE


San Pierre, IN 46374
$1,707,793 USD
847-562-0003
127 Green st, San Pierre, IN for Sale
$1,707,793 USD
Retail - FOR SALE
1/1
null | 6.75% Cap Rate

127 Green st
San Pierre, IN 46374


HIGHLIGHTS

  • Investment Grade Tenant - The lease is backed by Dollar General (NYSE: DG), which car-ries an investment-grade BBB credit rating from S&P.
  • 2026 Build-to-Suit Construction - The 9,100 square-foot building was constructed to Dollar General’s current prototype.
  • Absolute NNN Lease Structure - Zero landlord responsibilities.
  • 5% Rental Increases Every 5 Years - increases occur throughout the primary term and each renewal option period.
  • Strategic Highway Crossroads Location - Positioned along US Highway 421 at its junction with State Road 10, the principal crossroads for the surroundi
  • Residents with a Six-Figure Income - Average household income exceeds $113,000 within one mile.

OVERVIEW

The Boulder Group is pleased to exclusively market for sale a single tenant net leased Dollar General property located in San Pierre, Indiana. Constructed in 2026, the property is subject to a long-term lease with Dollar General expected to commence in November 2026. The lease is absolute triple net, presenting no landlord responsibilities. There are 5% rental escalations throughout the primary term and each of the five, 5-year renewal options. Dollar General is an investment grade company, rated “BBB” by Standard & Poor’s. The 9,100 square foot building is situated along US Highway 421, near State Highway 10, which serves as the principal highway crossroads for the surrounding rural trade area. The site sits within Starke County, a rural northern Indiana county characterized by agricultural land use and small-town commerce, consistent with the core trade-area profile Dollar General targets nationally. The property benefits from limited competition, with the nearest competing dollar store located over 7 miles to the east. The property is located within a short drive of Winamac and Rensselaer, the nearest established retail communities. The surrounding residents within a one-mile radius earn a six-figure average household income that exceeds $113,000. Dollar General Corporation (NYSE: DG) is the largest small-box discount retailer in the United States by store count. Founded in 1939 and headquartered in Goodlettsville, Tennessee, the company operates more than 20,000 stores across 48 states, concentrated in small-town, rural, and suburban markets. Dollar General’s value-oriented model centers on everyday low prices for consumables, seasonal items, home products, and basic apparel, with most items priced under $10 and a compact store footprint that keeps occupancy and operating costs low. Notably, Dollar General owns and operates all of its stores rather than franchising, so each lease carries the full corporate credit of the parent company.

FOR SALE DETAILS

PRICE

$1,707,793 USD

PRICE/SF

$188 USD /SF

CAP RATE

6.75%

% 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

1.22 AC

LAND SF

53,143 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Randy BlanksteinThe Boulder GroupMore Info
847-562-0003

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Randy BlanksteinThe Boulder GroupMore Info
847-562-0003

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