Dollar General Plus | 4950 US-50
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Dollar General Plus 4950 US-50
10,566 SF Retail Building Butlerville, IN 47223 $1,694,000 ($160/SF) 7.10% Cap Rate
Investment Highlights
- 15-Year Absolute NNN Lease, No Landlord Responsibilities
- Investment Grade Tenant, Rated ‘BBB’ by S&P
- Brand New ‘Plus’ Store with Upgraded Design, Oversized Parcel Consists of 1.9 +/- Acres
- Rare 5% Increases Every 5 Years Throughout the Base Term and Options
- Dollar General is the Nation’s Largest Retailer with 20,000+ Stores
- Situated in the Heart of Jennings County with Over 27,000 Residents
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
10,566 SF
Year Built
2024
Price
$1,694,000
Price Per SF
$160
Cap Rate
7.10%
NOI
$120,263
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
3.58 AC
PROPERTY TAXES
| Parcel Number | 40-09-28-200-013.000-004 | Improvements Assessment | $0 |
| Land Assessment | $17,500 | Total Assessment | $17,500 |
PROPERTY TAXES
Parcel Number
40-09-28-200-013.000-004
Land Assessment
$17,500
Improvements Assessment
$0
Total Assessment
$17,500
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Dollar General Plus | 4950 US-50
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