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Dollar General 8004 W Old Wabash Rd 9,026 SF Retail Building Andrews, IN 46702 $1,687,667 CAD ($186.98 CAD/SF) 7% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Portfolio of Two Dollar Generals With Attractive Loan That Must Be Assumed: 3.88% Interest Rate Through December 2031
  • Corporate Guarantee with Over 20,000 Stores
  • Absolute Net Lease With Just Under 10 Years Remaining on Base Term – 7/31/2035
  • Built-to-Suit in 2020

EXECUTIVE SUMMARY

Marcus & Millichap is pleased to present this portfolio of two Dollar Generals in Walton and Andrews Indiana. The portfolio has an attractive loan with a 3.88% interest rate that must be assumed by the buyer. Both Dollar Generals were built -to-suit in 2020 and have just under ten years remaining on the absolute net leases.

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,026 SF
Building Class
B
Year Built
2020
Price
$1,687,667 CAD
Price Per SF
$186.98 CAD
Cap Rate
7%
NOI
$118,151 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
3.97 AC
Zoning
NA

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Retailer
  • -
  • -
  • Triple Net
  • Jul 2035

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 - - Triple Net Jul 2035

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
35-04-15-400-018.304-002
Land Assessment
$80,576 CAD
Improvements Assessment
$772,489 CAD
Total Assessment
$853,065 CAD
  • Listing ID: 37824997

  • Date on Market: 2025-09-25

  • Last Updated:

  • Address: 8004 W Old Wabash Rd, Andrews, IN 46702

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