Single-Tenant Retail Dollar
For Sale
Contact for pricing
Pending
521 S 1st St, Pierceton, IN 46562
Fee simple sale of a single-tenant Dollar General with a double-net structure and a net lease in place.
Property SizeContact for details
Days on Market120
Property Features for 521 S 1st St
General Information
Standard status
Pending
Property subtype
Retail
Additional Details
Cap Rate
9%
Building Details
Tenancy
Single
Listing Agency:
AiCRE Partners
Listed By:
Jason Gribin · License #CA 01819611
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Aug 8 at 10:50AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of AiCRE Partners
Investment Insights
Based on property information with market context.
Kidder Mathews is pleased to offer for sale the fee simple interest in a single-tenant, double-net Dollar General located in Pierceton, Indiana. The property is operated under a NN lease, with just over two years remaining and one 5-year extension option described as increasing 8.8% at the next option.
Dollar General has been committed to this location since 2000, and the operator exercised an early 5-year extension option in 2017 that included an additional 9.7% rental increase.
The offering is presented as a single-tenant retail investment with double-net lease responsibilities.
Dollar General has been committed to this location since 2000, and the operator exercised an early 5-year extension option in 2017 that included an additional 9.7% rental increase.
The offering is presented as a single-tenant retail investment with double-net lease responsibilities.
Key Highlights
- Single‑tenant Dollar General in Pierceton, IN offered as fee simple interest with a double‑net lease structure.
- Dollar General has operated at this location since 2000 and continues under an early 5‑year extension option (2017) with a 9.7% rental increase.
- Net lease with just over two years remaining, plus one 5‑year extension option that increases rent by 8.8% at the next option.
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
138
Businesses Nearby
6k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Dollar General
Shops & Services
5,584 visits/mo
0.2 miles
Demographics for 46562, IN
4,718
Population
2,593
Households
1.8
Avg Household Size
42
Median Age
14%
College-Educated
85%
High-School Grad
60.3 sq mi
ZIP Area
78
Density / Sq Mi
$61,599
Median Household Income
$39,271
Median Earnings
$795
Median Rent
$185,900
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?
Grocery and convenience store - Fee simple sale of a single-tenant Dollar General with a double-net structure and a net lease in place.
Where is this grocery and convenience store located?
The property is located at 521 S 1st St Pierceton, IN.
What are key features of this property?
This property features: Single‑tenant Dollar General in Pierceton, IN offered as fee simple interest with a double‑net lease structure.; Dollar General has operated at this location since 2000 and continues under an early 5‑year extension option (2017) with a 9.7% rental increase.; Net lease with just over two years remaining, plus one 5‑year extension option that increases rent by 8.8% at the next option.
