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.