145 S Hankin Rd
Bartow, FL 33830

Fortis Net Lease is pleased to present this 9,100 SF Dollar General store located in Henryville, IN. The property is encumbered with a Fifteen (15) Year Absolute NNN Lease, leaving zero landlord responsibilities. The lease contains Four(5) Yr. Options to renew, each with a 10% rental rate increase. The lease is corporately guaranteed by Dollar General Corporation which holds a credit rating of BBB , which is classified as Investment Grade. The rent commenced on 6/15/2016. This Dollar General will be highly visible and as it is strategically positioned at the intersection of SR 60 and S. Hankin Rd. Site traffic exceeds 15,894 cars per day. The five mile population from the site exceeds 26,000, which is expected to grow through 2020. The Two mile median household income exceeds $39,500 per year, making this location ideal for a Dollar General. The Subject offering represents an ideal opportunity for a 1031 exchange buyer or a passive investor to attain the fee simple ownership of a Dollar General. This investment will offer a new owner continued success due to the financial strength and the proven profitability of the tenant, the nation' s top dollar store. List price reflects a 6.25% cap rate based on NOI of $121,776.