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801 E Main St Gas City, IN 46933

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For Sale
$1,487,000

NNN Dollar General with corporate guaranty and zero landlord obligations.

Property size:
10,566 SF
Lot size:
1.21 Acres

Property Features for 801 E Main St

General Information

Size
10,566 SF
Lot size
1.21 Acres

Source: CP Partners Agent John Andreini

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


Overview

Dollar General NNN Investment Opportunity

This property features a build-to-suit construction completed in 2021, adhering to the tenant's latest prototype. The absolute NNN lease structure assigns zero expense obligations to the landlord, offering a hands-off investment opportunity. The lease is supported by a corporate guaranty from Dollar General, ranked #108 on the Fortune 500 list. Dollar General reported $40.6 billion in sales in FY 2024, reflecting a 5% increase from the prior year. The property benefits from dense residential demographics, with over 60,000 residents within a 10-mile radius. The base term has over 10 years remaining, along with five 5-year extension options that include 10% rental increases.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Western Union Money Transfer Service FedEx OnSite Mailing Service

Suggested Use

Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness Auto Repair Shop

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

Location Insight

  • Map
  • Local Demand
City
Gas City
County
Grant
State
Indiana
Longitude
-85.599207
Latitude
40.488364

FAQs

What type of property is this?
Grocery and convenience store - NNN Dollar General with corporate guaranty and zero landlord obligations.
Where is this grocery and convenience store located?
The property is located at 801 E Main St Gas City, IN.
What is the asking price?
The asking price for this property is $1,487,000.
What are key features of this property?
This property features: - Corporate guaranty from Dollar General (Fortune 500 #108); - Absolute NNN lease structure with zero Landlord expense obligations; - Over 10 years remaining in the base term with five, 5-year extension options
More about this property
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