1707 N Main St, Rushville, IN

Listing agent Brad Motley License #TX 713565

Listing office Trinity Real Estate Investment Services - Corporate Show Phone

Listing date Apr 9, 2024

Source Moodyscre

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Overview

This is a freestanding Dollar Tree property constructed in 2016. The NN lease requires minimal landlord responsibilities, covering only the roof and structure. The tenant is Dollar Tree Inc. ($DLTR), which offers a strong corporate guaranty with an S&P credit rating of BBB. Dollar Tree experienced an 8.00% increase in revenue in fiscal year 2023. The property is located along N Main Street, which has a daily traffic count of over 10,300 vehicles per day. The surrounding area has healthy demographics for a dollar store, with a population of over 13,500 residents within a 5-mile radius. The property is situated near several retailers, including Taco Bell, Tractor Supply, and Wendy's. The building has 9,973 square feet of space and has 1.5+ years remaining on the lease.

Map

City

Rushville

County

Rush

State

Indiana

Longitude

-85.3006

Latitude

39.6676

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FAQs

What type of property is this?

Storefront property - NN leased Dollar Tree with corporate guaranty for sale.

Where is this storefront property located?

The property is located at 1707 N Main St Rushville, IN.

What is the asking price?

The asking price for this property is $1,246,625.

What are key features of this property?

This property features: Strong Corporate Guaranty by Investment Grade Tenant, Dollar Tree Inc. ($DLTR), With an S&P Credit Rating of BBB; NN Lease Requiring Minimal LL Responsibilities for Roof & Structure Only; 2016 Build Dollar Tree with 1.5+ Years Remaining