NNN Dollar General Retail
For Sale
Contact for pricing
Pending
8919 Black Point Rd, Syracuse, IN 46567
Five retail stores are leased under long-term absolute NNN agreements with Dollar General Corporation.
Property Size9,100 SF
Days on Market518
Property Features for 8919 Black Point Rd
General Information
Standard status
Pending
Size
9,100 SF
Property subtype
Retail
Occupancy
100%
Lease Type
Absolute Net
Investment Type
Net Lease
Building Details
Year Built
2019
Tenancy
Single
Listing Agency:
Marcus & Millichap - Indianapolis
(317) 218-5316
Listed By:
David Klink · License #RB 14049256
Source:
Crexi
Added: Apr 1, 2025
Changed: Aug 30
Last Checked: Aug 30 at 9:08PM
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 Marcus & Millichap - Indianapolis
Investment Insights
Based on property information with market context.
This offering comprises five Dollar General retail properties across Florida, South Carolina, and Indiana. The portfolio includes a property at 8919 Black Point Rd in Syracuse, Indiana, built in 2019, with a reported size of 9,100 square feet. Each location is subject to an absolute triple-net lease with Dollar General Corporation, which carries an investment-grade S&P credit rating of BBB.
The leases have an average of 9.2 years remaining and include four 5-year renewal options. Contractual rent increases of 10% are included in each option period, providing defined lease-term economics for the portfolio. The properties are being offered together as a multi-state retail investment.
The leases have an average of 9.2 years remaining and include four 5-year renewal options. Contractual rent increases of 10% are included in each option period, providing defined lease-term economics for the portfolio. The properties are being offered together as a multi-state retail investment.
Key Highlights
- Five Dollar General retail stores across Florida, South Carolina, and Indiana
- Absolute triple‑net leases with Dollar General Corporation
- Investment‑grade S&P credit rating of BBB
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
27
Businesses Nearby
3k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Dollar General
Shops & Services
2,584 visits/mo
0.4 miles
Demographics for 46567, IN
9,773
Population
5,849
Households
1.7
Avg Household Size
44
Median Age
25%
College-Educated
90%
High-School Grad
57.3 sq mi
ZIP Area
171
Density / Sq Mi
$73,277
Median Household Income
$46,327
Median Earnings
$964
Median Rent
$228,200
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 - Five retail stores are leased under long-term absolute NNN agreements with Dollar General Corporation.
Where is this nnn property located?
The property is located at 8919 Black Point Rd Syracuse, IN.
What are key features of this property?
This property features: Five Dollar General retail stores across Florida, South Carolina, and Indiana; Absolute triple‑net leases with Dollar General Corporation; Investment‑grade S&P credit rating of BBB
