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304 Michigan St Walkerton, IN 46574

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For Sale
$725,000

Freestanding Dollar General in Walkerton, Indiana with NN lease.

Building Details

Year built
1972

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Listing Contact
Tyler Tollefson
Source: Legacycrea

Listing Agent: Tyler Tollefson

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

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Overview

Single Tenant Dollar General Store

This single-tenant, freestanding Dollar General property is located in Walkerton, Indiana. The property operates under an NN lease structure, assigning minimal responsibilities to the landlord. Dollar General has a Standard & Poor's credit rating of BBB. The store reports strong sales performance, with the tenant paying 2% of sales over $1.8 million. The property has a long operating history, with multiple options exercised, demonstrating a strong commitment to the location. Recent renovations include resurfacing of the parking lot and exterior paint on the building.
Location Intelligence

Current Use by Public Records

Dollar General Discount Store FedEx OnSite Postal Service Western Union Bank

Suggested Use

Restaurant Real Estate Agency Law Firm Spa & Massage Center Building Supply Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Gym & Fitness Center

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

Location Insight

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  • Local Demand
City
Walkerton
County
St. Joseph
State
Indiana
Longitude
-86.483007
Latitude
41.467754

FAQs

What type of property is this?
Grocery and convenience store - Freestanding Dollar General in Walkerton, Indiana with NN lease.
Where is this grocery and convenience store located?
The property is located at 304 Michigan St Walkerton, IN.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: - Single tenant free standing Dollar General; - NN lease structure - minimal landlord responsibilities; - Dollar General Standard & Poor's credit rating - BBB
More about this property
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