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31528132
31528133

9620 N U.s Highway 31, Columbus, IN 47201

JA
IN RB24000102
Austgen Properties Inc.
Listed by Austgen Properties Inc.
$1,012,000
59 days on market
Updated 43 days ago

9620 N U.s Highway 31

Details
APN 030522000002604009
Property Type Retail
Sub Type Storefront
Square Footage 9,100
Cap Rate 7.00%
NOI $70,836
Occupancy 100%
Tenancy Single
Lease Type NNN
Remaining Term 5
Year Built 2008
Acreage 2.270
Parking Spaces spaces

Stable NN Investment Opportunity – Dollar General | Long-Term Tenant Since 2007 with Recent 5-Year

Marketing description

Excellent investment opportunity located on highly traveled US Highway 31 in Columbus, Indiana! This well-positioned property offers outstanding visibility, strong traffic counts, and easy access. The building is fully leased to Dollar General, a nationally recognized retailer, providing stable and reliable income. Dollar General has successfully operated at this location since 2007 and recently executed a new five-year lease extension, demonstrating long-term commitment to the site. The property is structured as a NN lease, offering minimal landlord responsibilities and a passive investment profile. With ample parking and a proven retail presence, this is an ideal opportunity for investors seeking dependable cash flow backed by a strong national tenant in a growing commercial corridor.

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Listing Contacts

JA
IN RB24000102
Austgen Properties Inc.
Listed by Austgen Properties Inc.

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$70,836.00
$5,903.00/mo

Valuation Metrics

0
DSCR
7%
Cap Rate
7%
ROI

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Additional Information

Name
Josh Austgen
License
RB24000102
Brokerage
Realest LLC
Brokerage Phone
2192931657
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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