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34052218
34051678

9269 West Taft Street, Merrillville, IN 46410

SS
MI MI 6502426558
Exclusive Realty
Listed by Exclusive Realty
$1,020,450
0 days on market
Updated 0 days ago

Dollar General

Details
Property Type Retail
Sub Type Convenience Store, Storefront
Square Footage 9,014
Net Rentable (SqFt) 9,014
Cap Rate 8%
NOI $81,636
Occupancy 100%
Tenancy Single
Brand/Tenant Dollar General
Lease Type NN
Lease Term 25.9
Lease Expiration 08/31/2031
Remaining Term 5.2
Rent Bumps Yes
Lease Options 3 (5) Year Options
Year Built 2006
Acreage 0.950
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 10/05/2005
Ground Lease No

Retail | 8.00% CAP | 9,014 SqFt

Marketing description

Exclusive Realty is pleased to present a NN Dollar General investment opportunity for sale in Merrillville, Indiana, a well-established retail and residential hub in Lake County within the northwest Indiana corridor. Merrillville benefits from strong regional connectivity via Interstates 65 and 80/94, providing direct access to the greater Chicago metropolitan area. The area features a dense population base, significant daily traffic counts, and a robust mix of national retailers, healthcare providers, restaurants, and residential neighborhoods, making it a highly desirable market for essential retail. Dollar General serves the community with convenient access to everyday necessities including groceries, household goods, health and beauty items, and seasonal merchandise. The NN lease structure offers investors a passive ownership profile with reduced landlord responsibilities while benefiting from Dollar General’s strong corporate backing and proven operating history. The combination of a necessity-based tenant, infill suburban location, and proximity to major transportation corridors positions this asset as a compelling long-term investment opportunity.

Investment highlights

  • NN Dollar General investment; minimal Landlord Responsibility
  • Located in Merrillville, IN (Lake County)
  • Part of the Chicago–Northwest Indiana market
  • Excellent access to I-65 and I-80/94
  • Dense population and strong retail corridor
  • National, necessity-based tenant
  • Reduced landlord responsibilities under NN lease
  • Strong traffic counts and surrounding retail synergy

Listing Contacts

SS
MI MI 6502426558
Exclusive Realty
Listed by Exclusive Realty

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$81,636.00
$6,803.00/mo

Valuation Metrics

0
DSCR
8%
Cap Rate
8%
ROI

Map

Zoning

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C3 CommercialSpecial CommercialHighway Commercial
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Last updated Jun 1, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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