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Executive Summary

Single-tenant net-leased investment opportunity with established national tenant, Dollar General, providing stable and predictable cash flow. Tenant has operated successfully at this location since 2007 and recently executed a lease extension, demonstrating long-term commitment to the site.
Property is strategically located along highly trafficked US Highway 31 with strong visibility and easy access, supporting long-term tenant performance and retention.
NNN lease structure offers passive income with minimal landlord responsibilities. Financials, lease agreement, and additional due diligence materials available upon request with signed NDA and/or LOI.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,100 SF
Building Class
B
Year Built
2008
Price
$1,426,758 CAD
Price Per SF
$156.79 CAD
Cap Rate
7.70%
NOI
$109,849 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
2.27 AC
Zoning
CC - Zoned CC (Commercial Center), allowing retail and service uses. Supports current Dollar General tenancy and long-term investment stability.

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Retailer
  • 99,999 SF
  • -
  • -

Dollar General began in 1939 as J.L. Turner and Son Wholesale Company, a dry-goods business started by J.L. Turner and Cal Turner Sr., and the first Dollar General store opened in the mid-1950s. The company operates a discount retail model through Dollar General, DG Market, DGX, and pOpshelf formats, serving customers with food, health and wellness products, cleaning and laundry supplies, self-care and beauty items, seasonal décor, private brands, and national labels. Dollar General supports online shopping and positions itself around affordable everyday goods and community-focused services.

Tenant Industry SF Occupied Rent/SF Lease End
Retailer 99,999 SF - -
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100

Nearby Major Retailers

Toyota
Waffle House

Property Taxes

Property Taxes

Parcel Number
03-05-22-000-002.604-009
Land Assessment
$365,572 CAD
Improvements Assessment
$858,311 CAD
Total Assessment
$1,223,882 CAD
  • Listing ID: 40090478

  • Date on Market: 2026-04-09

  • Last Updated:

  • Address: 9620 N Us Highway 31, Columbus, IN 47201

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