605 S Orange St - Supermarket FOR SALE


Albion, IN 46701
$1,571,000 USD
317-218-5316
605 S Orange St, Albion, IN for Sale
$1,571,000 USD
Supermarket - FOR SALE
1/1
null | 7% Cap Rate

605 S Orange St
Albion, IN 46701


HIGHLIGHTS

  • Brand-New Dollar General Market
  • Complete Building Renovation 2026
  • Only Grocery Store Offering in 10 Mile Radius
  • New Roof Installed 2026
  • Tenant Reimburses CAM, Property Taxes and Insurance

OVERVIEW

The Klink Group of Marcus & Millichap is pleased to present for sale the Dollar General Market in Albion, Indiana. The Property is secured by a brand-new 10-year lease with Dollar General, providing investors with long-term cash flow backed by one of the nation’s largest and most established discount retailers. The lease structure is Triple-Net (NNN), requiring the tenant to reimburse real estate taxes, insurance, common area maintenance expenses through monthly CAM contributions, and assume responsibility for HVAC maintenance and replacement. Landlord responsibilities are limited to roof and structural components, while also administering common area maintenance, creating a favorable balance of passive ownership and asset oversight.

FOR SALE DETAILS

PRICE

$1,571,000 USD

PRICE/SF

$143 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General Market

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1948

SPRINKLERS

-

PARKING SPACES

32

LAND DETAILS

LAND ACRES

1.8 AC

LAND SF

78,408 SF

ZONING

-

APN/PARCEL ID

57-13-24-100-164.000-002,571324100138000002

ASK ABOUT THIS PROPERTY

Jordan KlinkMarcus & MillichapMore Info
317-218-5316

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Jordan KlinkMarcus & MillichapMore Info
317-218-5316

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