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51195 Indiana State Route 933
South Bend, IN 46637
Dollar General · Retail Property For Sale
PROPERTY FACTS
About 51195 Indiana State Route 933 , South Bend, IN 46637
NEW UPGRADED CONSTRUCTION STORE • Brand New 9,002 SF build-to-suit Dollar General in South Bend, IN. • This store offers upgraded construction and is scheduled for late January 2020 delivery and early February 2020 rent commencement. SOUTH BEND • South Bend is the fourth largest city in Indiana with an estimated population of over 101,735, serving as the economic and cultural hub of Northern Indiana. • Home to the University of Notre Dame with a total student population of 12,393, in addition to several colleges and universities. • The following companies all have corporate headquarters in South Bend: AM General, Crowe Horwath, Martin’s Super Markets, and Schurz Communications. • South Bend is located in St. Joseph county and is the county seat. CLOSE PROXIMITY TO NOTRE DAME • The University of Notre Dame is a Catholic university founded in 1842, that covers 1,265 acres with a total student population of 12,393. • University of Notre Dame is ranked #15 in National Universities rankings. • Over 80% of the university’s 8,000+ undergraduates live on campus. • The football team has accumulated eleven national championships, seven Heisman Trophy winners, and 62 members in the College Football Hall of Fame. ATTRACTIVE RETAIL LOCATION • The 5-mile population for this property is 100,113, and the average household income is $72,601 which is superior to most Dollar General locations. • Strategically positioned on US Hwy 933 (25,652 VPD) and less than 2 miles from Interstate 90 (16,919 VPD). • Surrounding national retail tenants include Lowe’s, CVS, Starbucks, O’Reilly Auto Parts and many more. LONG TERM CORPORATE NNN LEASE • Brand new 15-year corporate guaranteed lease with Dollar General. • Tenant 100% responsible for all expenses, which include taxes, CAM, insurance, roof and structure. • 10% rent increase in each of the five, 5-year option periods. INVESTMENT GRADE TENANT • Dollar General is a publicly traded (NYSE: DG) Fortune 500 company and is BBB investment grade rated. • Currently over 16,000 locations in 45 states and 975 new locations expected to be opened this year. • Dollar General has been in business for 80 years and has a current net worth of over $6 billion.
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PROPERTY TAXES
Parcel Number | 71-03-13-103-010.000-003 | Improvements Assessment | $564,000 |
Land Assessment | $73,200 | Total Assessment | $637,200 |
PROPERTY TAXES
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Listing ID: 17575472
Date on Market: 10/29/2019
Last Updated:
Address: 51195 Indiana State Route 933, South Bend, IN 46637
The Retail Property at 51195 Indiana State Route 933, South Bend, IN 46637 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.