DOLLAR GENERAL | 3010 Monroe st
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DOLLAR GENERAL 3010 Monroe st
10,566 SF 4-Star Retail Building La Porte, IN 46350 $2,505,600 ($237/SF) 6.60% Cap Rate
Investment Highlights
- Brand new build-to-suit Construction Dollar General featuring the newest ±10,566 SF prototype
- Beachwood Golf Course is a municipal 18-hole championship course located just down the road driving additional traffic to the subject property and all
- Dollar General boasts an investment grade credit rating of BBB (S&P)
- Well located with over 1,200 households within a 1-mile radius
- Brand new 15 year corporately guaranteed Next-Gen lease with 5 % rental increases every 5 years with five, 5 year options
- Dollar General has ±21,000 locations and is focused on brand growth through expansion efforts
Executive Summary
Broker of Record
Kyle Matthews
License No. RC52200195 (IN)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203
Kyle Matthews
License No. RC52200195 (IN)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,566 SF
Building Class
B
LoopNet Rating
4 Star
Construction Status
Proposed
Price
$2,505,600
Price Per SF
$237
Cap Rate
6.60%
NOI
$165,371
Tenancy
Single
Building Height
1 Story
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DOLLAR GENERAL | 3010 Monroe st
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