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Dollar General NNN Retail Lease
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901 W Broadway St, Princeton, IN 47670

Brand new Dollar General property with a corporate-guaranteed 15-year absolute NNN lease and multiple options to extend.

Days on Market111

Property Features for 901 W Broadway St

General Information

Standard status Active
Property subtype Retail
Lease Type NNN

Site & Location

Traffic Count 17,200 vehicles/day
Highway Access Yes
Road Access Yes

Additional Details

Lease Term 180 months

Building Details

Tenancy Single
Listing Agency: SRS Real Estate Partners McLean
Listed By: Andrew Fallon · License #PA RSR006585
Source: Crexi
Added: Apr 11 Changed: Jul 21 Last Checked: Jul 23 at 8:20AM

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 SRS Real Estate Partners McLean

Investment Insights

Based on property information with market context.

This sale features a brand new Dollar General retail property backed by a corporate guaranteed, absolute NNN lease structure. The lease term is 15 years, with five (5-year) options to extend, reflecting a long-term commitment to the site. Scheduled rental increases are built into the agreement, including 10% rental increases at the beginning of each option. Under the absolute NNN terms, the tenant is responsible for CAM, taxes, insurance, and maintaining all aspects of the premises, with zero landlord responsibilities.

The property is identified as being off US Highway 41, where Dollar General is noted as approximately 1 mile from the highway. The offering highlights strong visibility supported by significant street frontage and easy access, with the surrounding area described as including several national and credit tenants.

The investment is structured as fee simple ownership of an absolute NNN asset with a corporate guaranteed tenant.

Key Highlights

  • 15‑year lease with corporate guarantee by Dollar General, Corp. (S&P: BBB), plus 5 (5‑year) options to extend
  • Absolute NNN structure: tenant pays CAM, taxes, and insurance and maintains the premises with zero landlord responsibilities
  • Lease includes 10% rental increases at the beginning of each option period

Property Analytics

Current Use

Dollar General Discount Store Western Union Bank

Suggested Use

Top Pick Parking Lot & Garage Bakery Locksmith (Bike/Boat/Book/etc) Store Storage Facility Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

17,200 VPD
Traffic count
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

93
Businesses Nearby
169k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 37% Dining 32% Shops & Services 17% Apparel 12%
Walmart Superstores
62,687 visits/mo 0.2 miles
Marathon Shops & Services
15,540 visits/mo 0.1 miles
SONIC Drive In Dining
14,568 visits/mo 0.1 miles
Taco Bell Dining
13,426 visits/mo 0.1 miles
Bealls Apparel
10,714 visits/mo 0.1 miles

Demographics for 47670, IN

11,934
Population
5,440
Households
2.2
Avg Household Size
41
Median Age
13%
College-Educated
89%
High-School Grad
82.0 sq mi
ZIP Area
146
Density / Sq Mi
$65,873
Median Household Income
$36,957
Median Earnings
$959
Median Rent
$140,400
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - Brand new Dollar General property with a corporate-guaranteed 15-year absolute NNN lease and multiple options to extend.
Where is this nnn property located?
The property is located at 901 W Broadway St Princeton, IN.
What are key features of this property?
This property features: 15‑year lease with corporate guarantee by Dollar General, Corp. (S&P: BBB), plus 5 (5‑year) options to extend; Absolute NNN structure: tenant pays CAM, taxes, and insurance and maintains the premises with zero landlord responsibilities; Lease includes 10% rental increases at the beginning of each option period
(202) 286-1542 Call to check price and availability
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