Net Leased Dollar General-Covington,IN, 8.0% Cap, 2+ Years
Walkable in town center and the only Dollar store.
Marketing description
SVN / Investment Property Advisors is pleased to offer this long term NN leased Dollar General in downtown Covington in Central West Indiana near the Illinois state line. ~2.5 years of lease term. Solid customer traffic with no other dollar stores within several miles. Strong Placer AI traffic indicating strong sales.
Located near everything in town and just 2 blocks from US Hwy 136, which traverses the city. Covington is the seat of Fountain County and this Dollar General is 80 miles West of Indianapolis, 8 miles West of Veedersburg, IN, 13 miles East of Danville, IL and 47 miles East of Champaign, IL. Under 2 miles from Interstate 74 interchange, which connects all of the above, and two blocks from US Hwy 136 near lots of retail including grocery, banks, restaurants, offices, Fountain County courthouse, and in a downtown neighborhood with lots of walk traffic.
Center City Location
Fortune 150 Investment Grade Tenant
2+ Years of Lease Term
Corporate Guarantee - Strong BBB Credit Rating
Tenant Website: www.DollarGeneral.com
Strong Placer AI traffic indicating strong sales.
Investment highlights
Center City Location
Fortune 150 Investment Grade Tenant
~2.5 Years of Lease Term
Corporate Guarantee - Strong BBB Credit Rating
Tenant Website: www.DollarGeneral.com
Strong Placer AI traffic indicating strong sales.
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