Log In/Sign Up
Your email has been sent.
Dollar General Market 605 S Orange St 11,000 SF Retail Building Albion, IN 46701 $2,166,315 CAD ($196.94 CAD/SF) 7% Cap Rate
Investment Highlights
- Brand-New Dollar General Market
- Only Grocery Store Offering in 10 Mile Radius
- Tenant Reimburses CAM, Property Taxes and Insurance
- Complete Building Renovation 2026
- New Roof Installed 2026
Executive Summary
The Klink Group of Marcus & Millichap is pleased to present for sale the Dollar General Market in Albion, Indiana.
The Property is secured by a brand-new 10-year lease with Dollar General, providing investors with long-term cash flow backed by one of the nation’s largest and most established discount retailers. The lease structure is Triple-Net (NNN), requiring the tenant to reimburse real estate taxes, insurance, common area maintenance expenses through monthly CAM contributions, and assume responsibility for HVAC maintenance and replacement. Landlord responsibilities are limited to roof and structural components, while also administering common area maintenance, creating a favorable balance of passive ownership and asset oversight.
The Property is secured by a brand-new 10-year lease with Dollar General, providing investors with long-term cash flow backed by one of the nation’s largest and most established discount retailers. The lease structure is Triple-Net (NNN), requiring the tenant to reimburse real estate taxes, insurance, common area maintenance expenses through monthly CAM contributions, and assume responsibility for HVAC maintenance and replacement. Landlord responsibilities are limited to roof and structural components, while also administering common area maintenance, creating a favorable balance of passive ownership and asset oversight.
Property Facts Under Contract
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Supermarket
Building Size
11,000 SF
Building Class
C
Year Built/Renovated
1948/2026
Price
$2,166,315 CAD
Price Per SF
$196.94 CAD
Cap Rate
7%
NOI
$151,683 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
1.80 AC
Parking
32 Spaces (2.91 Spaces per 1,000 SF Leased)
Frontage
282’ on South Orange Street
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Dollar General
- Retailer
- 11,000 SF
- -
- Triple Net
- Feb 2036
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Dollar General | Retailer | 11,000 SF | - | Triple Net | Feb 2036 |
Somewhat walkable
30/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $216,080 CAD | |
| Land Assessment | $104,386 CAD | Total Assessment | $320,466 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$104,386 CAD
Improvements Assessment
$216,080 CAD
Total Assessment
$320,466 CAD
1 of 2
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Dollar General Market | 605 S Orange St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.