Dollar General NNN Retail
For Sale
Contact for pricing
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
(202) 286-1542
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.
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
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
Explore this area
Business Placement
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
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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