406 S Main St - Freestanding FOR SALE


Walton, IN 46994
$1,220,000 USD
630-461-5887
406 S Main St, Walton, IN for Sale
$1,220,000 USD
Freestanding - FOR SALE
1/1
null | 7% Cap Rate

406 S Main St
Walton, IN 46994


HIGHLIGHTS

  • Portfolio of Two Dollar Generals With Attractive Loan That Must Be Assumed: 3.88% Interest Rate Through December 2031
  • Absolute Net Lease With Just Under 10 Years Remaining on Base Term – 6/30/2035
  • Corporate Guarantee with Over 20,000 Stores
  • Built-to-Suit in 2020

OVERVIEW

Marcus & Millichap is pleased to present this portfolio of two Dollar Generals in Walton and Andrews Indiana. The portfolio has an attractive loan with a 3.88% interest rate that must be assumed by the buyer. Both Dollar Generals were built -to-suit in 2020 and have just under ten years remaining on the absolute net leases.

FOR SALE DETAILS

PRICE

$1,220,000 USD

PRICE/SF

$134 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General with Assumable 3.88% Loan

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2020

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.33 AC

LAND SF

101,495 SF

ZONING

-

APN/PARCEL ID

09-18-31-300-006.000-022

ASK ABOUT THIS PROPERTY

Jeff RowlettMarcus & MillichapMore Info
630-461-5887

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Jeff RowlettMarcus & MillichapMore Info
630-461-5887

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