Dollar General I Major City Unit I Strong Historical Sales
8.55% Cap Rate I Sound Store Performance
Investment highlights
Double Net Dollar General w/ Minimal Management: NN Dollar General w/ Minimal Management Located on East Thompson Road with Well Above Average Dollar General Traffic (11,000 Vehicles Per Day (VPD)) in Indianapolis, Marion County, Indiana
Recently Extended Lease Showing Tenant Commitment: Dollar General Has Operated at This Site Since 2005 and Recently Extended Its Lease for an Additional Five Years Demonstrating Continued Commitment Operating at This Location
Corporate Dollar General Guarantee: Lease Corporately Guaranteed by Dollar General, an American Chain of Variety Stores with Over 20,000 Locations Nationwide and an S&P Credit Rating of BBB
Brand New HVAC Installed (2024) and Gutters (2023): Impeccably Maintained Property with New HVAC Units Installed in 2024 and Gutters Installed in 2023 Representing a Material Investment and Benefit to the Asset’s Next Owner
Strong Historical Sales & Limited Competition: Low Rent Asset Paying $62,400 Annually with Strong Historical Sales (Inquire w/Broker) and No Competitive Dollar General Located Within a 2.5 Mile Radius South of I-465/Indianapolis Beltway
Excellent Dollar General Demographics: Just 10 Minutes from Downtown Indianapolis in an Area with Over 210,000 People Living Within a 5-Mile Radius with an Average Annual Household Income Exceeding $72,000
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