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Dollar General | 12 Years Remaining 4224 E Boonville New Harmony Rd 10,566 SF Retail Building Evansville, IN 47725 $2,124,452 CAD ($201.06 CAD/SF) 7.25% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Newer Construction Dollar General in 3rd Largest City in Indiana
  • Large 1.96 Acre Parcel and Plus Size Dollar General Prototype (10,566 SF)
  • Evansville Has a Population Over 100,000 and is 3rd Largest City in Indiana
  • 12 Years Remaining on Absolute NNN Lease | Zero Landlord Responsibilities
  • Strong Local Economy - Nearby Companies Include Amazon Distribution, Frito Lay, Graham Packaging and Shoe Carnival Distribution
  • Easy Access and Visibility Along East Boonville-New Harmony Road and the Highly Trafficked IN-57

EXECUTIVE SUMMARY

Please contact Dustin Javitch at 216-264-2025 for additional information.

PROPERTY FACTS

Sale Type
Investment NNN
Sale Conditions
1031 Exchange
Property Type
Retail
Building Size
10,566 SF
Building Class
B
Year Built
2022
Price
$2,124,452 CAD
Price Per SF
$201.06 CAD
Cap Rate
7.25%
NOI
$153,990 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
1.96 AC
Zoning
C - Commercial
Parking
57 Spaces (5.39 Spaces per 1,000 SF Leased)

AMENITIES

  • Pylon Sign
  • Signage
  • Tenant Controlled HVAC
  • Air Conditioning
  • Smoke Detector

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Retailer
  • 10,566 SF
  • $14.57 CAD
  • Triple Net
  • Oct 2037

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 10,566 SF $14.57 CAD Triple Net Oct 2037

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
82-04-14-009-431.001-030
Land Assessment
$180,901 CAD
Improvements Assessment
$1,141,563 CAD
Total Assessment
$1,322,464 CAD
  • Listing ID: 38634853

  • Date on Market: 2025-12-03

  • Last Updated:

  • Address: 4224 E Boonville New Harmony Rd, Evansville, IN 47725

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