NNN Leased Retail Investment
For Lease
$243.15 SF/Yr NNN
TBD South Chicago Ave / Jackson St, Brazil, IN 47834
Dollar General in Brazil, IN
Space SizeContact for details
Days on Market659
Property Features for TBD South Chicago Ave / Jackson St
General Information
Standard status
Active
Property type
Individual retail properties, Other retail properties, Retail properties & Spaces
Elevators
N/A
Lease Type
NNN
Lease Term
5+ Years
Rate Type
Yearly
Building Details
Year Built
2025
Buildings
1
Stories
1
Listed By:
Cody Crist
(817) 584-2000
Added: Dec 23, 2024
Changed: Mar 16
Investment Insights
Based on property information with market context.
This property presents an investment opportunity featuring a newly developed Dollar General store in Brazil, Indiana, scheduled to open in February 2025. The property includes 10,640 square feet of rentable space, operating under a 5+ year NNN lease. The lease stipulates zero landlord responsibilities and includes a 5% rent increase during each 5-year option period. Situated along US-40, the location benefits from high traffic volume exceeding 42,000 vehicles daily. Its position within a retail corridor, alongside national tenants such as Dairy Queen, McDonald's, Kroger, and KFC, ensures visibility and customer traffic. The Dollar General store serves as a primary source of goods for local residents. The annual rent is $258,705, with a rate of $243.15 per square foot. Dollar General has a strong S&P credit rating of BBB.
Key Highlights
- New Development Dollar General in Brazil, IN With Rent Set to Commence February 2025
- 15 Years Absolute NNN Lease Requiring Zero LL Responsibilities
- Attractive 5% Increase in 5 Year Option Periods
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
492
Businesses Nearby
24k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 63%
Home Improvements & Furnishings 27%
Apparel 9%
Speedway
Shops & Services
6,798 visits/mo
0.5 miles
Dollar General
Shops & Services
6,687 visits/mo
0.3 miles
Brazil ACE Hardware
Home Improvements & Furnishings
6,483 visits/mo
0.4 miles
Goodwill
Apparel
2,269 visits/mo
0.5 miles
Citgo
Shops & Services
1,581 visits/mo
0.4 miles
Demographics for 47834, IN
19,430
Population
8,451
Households
2.3
Avg Household Size
41
Median Age
17%
College-Educated
91%
High-School Grad
154.2 sq mi
ZIP Area
126
Density / Sq Mi
$66,677
Median Household Income
$41,247
Median Earnings
$866
Median Rent
$135,900
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Individual retail property - Dollar General in Brazil, IN
Where is this individual retail property located?
The property is located at TBD South Chicago Ave / Jackson St Brazil, IN.
What is the lease rate?
The lease rate is $243.15 SF/Yr.
What are key features of this property?
This property features: New Development Dollar General in Brazil, IN With Rent Set to Commence February 2025; 15 Years Absolute NNN Lease Requiring Zero LL Responsibilities; Attractive 5% Increase in 5 Year Option Periods
