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312 E Jackson St 10,566 SF Retail Building Shelburn, IN 47879 $1,638,887 CAD ($155.11 CAD/SF) 7.25% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Absolute NNN Lease - No Landlord Responsibilities
  • Excellent Frontage on Jackson Street/IN-48 (14,743 VPD)| Nearest Dollar General is 13 Miles Away| Located 5 Miles from US-150 (17,760 VPD) Interchange
  • “Dollar General Plus” Store Prototype – Larger Footprint of 10,566 Square Feet | Concrete Parking Lot | Metal Roof | New Build in 2020

EXECUTIVE SUMMARY

“Dollar General Plus” Store Prototype – Larger Footprint of 10,566 Square Feet | Concrete Parking Lot | Metal Roof | New Build in 2020
Excellent Frontage on Jackson Street/IN-48 (14,743 VPD)| Nearest Dollar General is 13 Miles Away| Located 5 Miles from US-150 (17,760 VPD) Interchange to Terre Haute
18 Miles from Terre Haute, IN | Shelburn is Part of the Terre Haute MSA With a Population of 168,787 | 90 Miles from Indianapolis, IN
Close Proximity to Shakamak State Park, Hillenbrand Fish & Wildlife Area, and Many Other Local Lakes and Recreational Areas
~12 Years Remaining on an Absolute NNN Lease – No Landlord Responsibilities| 10% Rental Increases in Each Five 5-Year Option
Corporate Guarantee| Dollar General (NYSE: DG) Has Over 20,000 Locations in 48 States | Secure, Stable Cash Flow

PROPERTY FACTS Under Contract

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,566 SF
Building Class
B
Year Built
2020
Price
$1,638,887 CAD
Price Per SF
$155.11 CAD
Cap Rate
7.25%
NOI
$118,819 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
1.27 AC
Zoning
Commercial
Frontage
160’ on STATE ST

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Retailer
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000

DG is proud to be America’s neighborhood general store. They strive to make shopping hassle-free and affordable with convenient, easy-to-shop stores all across the states. DG's stores deliver everyday low prices on items including food, snacks, health and beauty aids, cleaning supplies, basic apparel, housewares, seasonal items, paper products and much more from America’s most-trusted brands and products, along with high-quality private brands. From serving their customers with value and convenience and their employees with career opportunities to serving the communities they call home through literacy and education, Dollar General has been committed to its mission of Serving Others since the company’s founding in 1939.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Retailer 99,999 SF $9.99 Lorem Ipsum Jan 0000

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
77-01-28-444-053.000-014
Land Assessment
$13,705 CAD
Improvements Assessment
$616,183 CAD
Total Assessment
$629,889 CAD
  • Listing ID: 34863796

  • Date on Market: 2025-02-18

  • Last Updated:

  • Address: 312 E Jackson St, Shelburn, IN 47879

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