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DOLLAR GENERAL – GLENWOOD, IN 315 W State St 9,100 SF Retail Building Glenwood, IN 46133 $1,536,761 CAD ($168.87 CAD/SF) 7.65% Cap Rate

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Investment Highlights

  • CORPORATE GUARANTEED LEASE: 8 years remaining on Absolute NNN lease with ATTRACTIVE 10% rental escalations every 5 years in renewal options
  • LARGE PARCEL: Strategically located on a large ±1.036-acre parcel along S Rd 44/W State St, Glenwood’s main east-west corridor
  • STRATEGIC LOCATION: Only Dollar General in a mile radius and only daily needs grocer in a 7-mile radius!
  • CORPORATE TENANT: Dollar General Corporation (NYSE: DG | S&P BBB Credit Rating | Moody’s Baa3 Rating) operated 20,901 stores
  • TRAFFIC COUNTS: benefitting from strong visibility, easy access, and traffic counts of 5,514 CPD
  • 2025 DEMOGRAPHICS: Total Population (5MI): 1,918 | Average Household Income (1MI): $91,502

Executive Summary

(Building & Land) Fee Simple

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,100 SF
Building Class
B
Year Built
2019
Price
$1,536,761 CAD
Price Per SF
$168.87 CAD
Cap Rate
7.65%
NOI
$117,605 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
1.04 AC
Zoning
C
Frontage
82’ on State St

Amenities

  • Signage

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Retailer
  • -
  • -
  • Triple Net
  • Jan 2034

DG est fière d'être le magasin général de quartier d'America. Nous nous efforçons de rendre les achats faciles et abordables grâce à des magasins pratiques et faciles à acheter partout aux États-Unis. Les magasins DG offrent tous les jours à bas prix des articles, notamment de la nourriture, des collations, des produits de santé et de beauté, des produits de nettoyage, des vêtements de base, des articles ménagers, des articles saisonniers, des produits en papier et bien plus encore des marques et produits les plus fiables des États-Unis, ainsi que des marques privées de haute qualité. Depuis la fondation de l'entreprise en 1939, Dollar General s'est engagé à servir ses clients avec valeur et commodité, en offrant des possibilités de carrière à ses employés ou en servant les communautés qu'ils considèrent comme leur maison par le biais de l'alphabétisation et de l'éducation.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Retailer - - Triple Net Jan 2034

Property Taxes

Property Taxes

Parcel Number
70-08-33-251-002.000-013
Land Assessment
$38,762 CAD
Improvements Assessment
$938,681 CAD
Total Assessment
$977,442 CAD
  • Listing ID: 39419808

  • Date on Market: 2026-02-12

  • Last Updated:

  • Address: 315 W State St, Glenwood, IN 46133

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