Listed by Trinity Real Estate Investment Services
$2,012,255
Dollar General
Details
Property Type Retail
Sub Type Convenience Store, Grocery Store
Square Footage 9,026
Cap Rate 6.6%
NOI $132,809
Occupancy 100%
Tenancy Single
Brand/Tenant Dollar General, Dollar Tree
Lease Type Absolute NNN
Lease Term 15
Lease Expiration 05/31/2041
Remaining Term 14.9
Rent Bumps Yes
Lease Options Five (5), 5-Year; 5%
Price per SqFt $223
Year Built 2026
Acreage 2.190
Investment Type Net Lease
Tenant Credit Credit Rated, Corporate Guarantee
Lease Commencement 05/18/2026
Ownership Fee Simple
Retail | 6.60% CAP | 9,026 SqFt
Marketing description
Trinity Real Estate Investment Services is pleased to present the opportunity to a Dollar General in Springport, IN. This property is a 2026 new development with rent commencing May 2026 under a 15-year absolute NNN lease featuring zero landlord responsibilities and 5% rent increases every five years.
Property Website: https://trinityreis.com/listing/tbd-hwy-3-cr-800n/
In cooperation with Brian Brockman at Bang Realty, Inc | IN #RB14037939 | [email protected] | (513) 898-1551
Investment highlights
- 2026 New Development Dollar General in Springport, IN - Rent Set to Commence May 2026
- 15-Year Absolute NNN Lease With Zero Landlord Responsibilities
- Attractive 5% Rent Increases Every 5 Years
- 2.19‑Acre Hard‑Corner Parcel on Hwy 3, the key Thoroughfare Through Springport and a Regional Link to Muncie, New Castle, and Indianapolis
- Limited Retail Competition, the Only Convenient Store in Springport, Supporting Retail Needs for the Area
- Affluent Immediate Area With Avg. Household Income of Over $108K Within 1 Mile
- Strong Corporate Guaranty by Dollar General Corporation, With an S&P Credit Rating of BBB and Operates 20,000+ Locations
Listing Contacts
Listed by Trinity Real Estate Investment Services
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$132,809.00
$11,067.42/mo
Valuation Metrics
0
DSCR
6.6%
Cap Rate
6.6%
ROI
Map
Zoning
A-1 AgricultureAgricultural Districts
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View all 53 uses
View all 53 uses Last updated Feb 27, 2026 For deeper zoning details, reports are available at Zoneomics
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