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169 N Main St
North Salem, IN 46165

$1,258,600 USD

Freestanding For Sale  •  9,026 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 9,026 SF
  • Lot Size 2 AC
  • Building Class C
  • Year Built 2021
  • Cap Rate 7.15 %
  • Tenancy Single
  • Zoning Commercial
0 Transit Score
38 Walk Score

Highlights

Absolute NNN – Zero Landlord Responsibilities
Dollar General is Accompanied by an Investment Grade “BBB” Credit Rating
Located Next to North Salem Elementary School
Long Lease Term Remaining – ±11.4 Years Remaining on the Current Term
Zero Competition in the Area – Dollar General is the Only Corporate Tenant in the area
Recession Resistant Tenant – Dollar General has Been Historically Profitable During Times of Market Uncertainty
Cap Rate: 7.15 %

Public Transportation

AirportDriveWalkDistance
Indianapolis International 47 min - 27.4 mi
Gannon Ethington 615-789-8730 Matthews Real Estate Investment Services
Gannon Ethington 615-789-8730 Matthews Real Estate Investment Services