Listed by Marcus & Millichap - Indianapolis
$1,571,000
Dollar General Market
Details
APN 571324100138000002
Property Type Retail
Sub Type QSR/Fast Food, Grocery Store
Square Footage 11,000
Net Rentable (SqFt) 11,000
Cap Rate 7%
NOI $110,000
Occupancy 100%
Tenancy Single
Brand/Tenant Dollar General
Lease Type NNN
Lease Term 10
Lease Expiration 02/28/2036
Remaining Term 9.7
Rent Bumps Yes
Lease Options 3x5
Year Renovated 2026
Stories 1
Acreage 1.800
Investment Type Net Lease
Lease Commencement 02/26/2026
Ground Lease No
NNN Lease | Brand-New Store | Only Grocery Store in 10 Mile Radius
Marketing description
The Klink Group of Marcus & Millichap is pleased to present for sale the Dollar General Market in Albion, Indiana.
The Property is secured by a brand-new 10-year lease with Dollar General, providing investors with long-term cash flow backed by one of the nation’s largest and most established discount retailers. The lease structure is Triple-Net (NNN), requiring the tenant to reimburse real estate taxes, insurance, common area maintenance expenses through monthly CAM contributions, and assume responsibility for HVAC maintenance and replacement. Landlord responsibilities are limited to roof and structural components, while also administering common area maintenance, creating a favorable balance of passive ownership and asset oversight.
Investment highlights
- Brand-New Dollar General Market
- Complete Building Renovation 2026
- Only Grocery Store Offering in 10 Mile Radius
- New Roof Installed 2026
- Rent Increases March 2031 & Each Option Period
- Tenant Reimburses CAM, Property Taxes and Insurance
Listing Contacts
Listed by Marcus & Millichap - Indianapolis
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$110,000.00
$9,166.67/mo
Valuation Metrics
0
DSCR
7%
Cap Rate
7%
ROI
Map
Zoning
A AgricultureAgricultural
View municipality zoning documents Upgrade to see the zone description and what's allowed on this property
Upgrade to search and view land use codes
View all 203 uses
View all 203 uses Last updated Feb 27, 2026 For deeper zoning details, reports are available at Zoneomics
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?
