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    608 W National Ave Brazil, IN 47834

    For Sale
    $2,587,085

    New Dollar General store in Brazil, IN, opening February 2025.

    Property size:
    10,640 SF
    Lot size:
    0.29 Acres

    Property Features for 608 W National Ave

    General Information

    Size
    10,640 SF
    Lot size
    0.29 Acres

    Source: Trinity Real Estate Investment Services - Corporate Agent Cody Crist

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    New Development Dollar General Store

    This is a new development Dollar General store located in Brazil, Indiana, with rent scheduled to commence in February 2025. The property is strategically positioned along US-40, benefiting from combined traffic counts exceeding 42,000 vehicles per day. It is situated within a retail corridor that includes national tenants such as Dairy Queen, McDonald's, Kroger, and KFC. The surrounding area has limited local retail competition, making this store a primary source of goods for local residents. The property features a 15-year absolute NNN lease, requiring zero landlord responsibilities. The lease includes an attractive 5% increase in 5-year option periods. Dollar General is an investment-grade tenant with a Standard & Poor's credit rating of BBB. The property has a size of 10,640 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Grocery and convenience stores

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brazil
    County
    Clay
    State
    Indiana
    Longitude
    -87.134997
    Latitude
    39.521023

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    FAQs

    What type of property is this?
    Grocery and convenience store - New Dollar General store in Brazil, IN, opening February 2025.
    Where is this grocery and convenience store located?
    The property is located at 608 W National Ave Brazil, IN.
    What is the asking price?
    The asking price for this property is $2,587,085.
    What are key features of this property?
    This property features: - 15 Years Absolute NNN Lease Requiring Zero LL Responsibilities; - Dollar General is an Investment Grade Tenant With a S&P Credit Rating of BBB; - Strategically Located Along US-40 Generating Combined Traffic Counts of 42,000+ VPDs
    (817) 304-8916
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    608 W National Ave Brazil, IN 47834
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    608 W National Ave Brazil, IN 47834
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