635 Jackson st - Convenience Store FOR SALE


Mulberry, IN 46058 | 
$2,481,000 USD
949-345-0970
635 Jackson st, Mulberry, IN for Sale
$2,481,000 USD
Convenience Store - FOR SALE
1/6
null | 6.25% Cap Rate

635 Jackson st
Mulberry, IN 46058


HIGHLIGHTS

  • Corporately Guaranteed Lease – 21,000 Locations
  • DG Market Location – Grocery Store Format with Expanded Offerings
  • Triple Net (NNN) Lease – Zero Landlord Responsibilities
  • Thirteen (13.1) Years Remaining – 5% Rental Increases Every Five (5) Years
  • 20 Minutes from Lafayette, IN – 55 Minutes from Indianapolis, IN
  • 12 Minutes from Subaru of Indiana Automotive Manufacturing Plant

OVERVIEW

The lease is corporately guaranteed by Dollar General Corporation (NYSE: DG), which is the largest U.S. retailer by store count, with ~21,000 locations and an investment grade credit rating of BBB (S&P).

FOR SALE DETAILS

PRICE

$2,481,000 USD

PRICE/SF

$196 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

DG Market

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.41 AC

LAND SF

104,980 SF

ZONING

C

APN/PARCEL ID

12-05-17-352-001.000-008

ASK ABOUT THIS PROPERTY

Ian SchroederCBRE, Inc.More Info
949-345-0970

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Ian SchroederCBRE, Inc.More Info
949-345-0970

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