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807 S Main St
Upland, IN 46989

$1,292,000 USD

Freestanding For Sale  •  9,100 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 9,100 SF
  • Lot Size 1.65 AC
  • Building Class B
  • Year Built 2019
  • Cap Rate 7.20 %
  • Tenancy Single
0 Transit Score
36 Walk Score

Highlights

Absolute NNN lease with zero landlord maintenance or expense responsibilities
10% rent increases during each option period
Lease is guaranteed by Dollar General Corporation (NYSE: DG),#108 on the Fortune 500 list of companies (S&P: BBB)
Dollar General has 19,000+ locations with $38.7 billion in 2023 fiscal year sales and a net income of $1.7 billion
Recent build-to-suit to Dollar General’s 9,100 SF prototype
Less than 1 mile from Taylor University (1,901 students), which was founded in 1846 and located on a 952-acre campus in Upland

Property Flyers

Cap Rate: 7.20 %
Andrew Klontz 415-481-0377 CP Partners CRE
Andrew Klontz 415-481-0377 CP Partners CRE