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1308 S Madison St
Muncie, IN 47302
Dollar General · Retail Property For Sale
PROPERTY FACTS
ABOUT 1308 S MADISON ST , MUNCIE, IN 47302
The subject property is leased to Dolgencorp, LLC, an operating subsidiary of Dollar General Corporation (NYSE: DG; S&P: BBB/Stable) who guarantees all lease obligations. Dollar General is a U.S. chain of variety stores headquartered in Goodlettsville, Tennessee. It was founded in 1939 by Cal Turner in Scottsville, Kentucky as J.L. Turner & Son, Inc., but in 1968, the business changed its name to Dollar General Corporation. In 2007 the company was acquired by the private equity firm Kohlberg Kravis Roberts & Co. (KKR) which took the company public in 2009. Today, Dollar General is one of the largest retail chains in the country, operating over 14,500 stores in 44 states. Standard & Poor’s currently rates Dollar General at a BBB/Stable, citing positive operating momentum, healthy sales and expected cash flow growth.
PROPERTY TAXES
| Parcel Number | 18-11-15-334-001.000-003 | Improvements Assessment | $347,765 |
| Land Assessment | $99,147 | Total Assessment | $446,912 |
PROPERTY TAXES
