Multi-Tenant Dollar General
For Lease
$599,926 NNN
21905-21907 Hickory Street, Woodburn, IN 46797
Modified NNN retail with an active Dollar General under remodeling, plus a non-profit donor-collection tenant.
Space SizeContact for details
Property Size9,421 SF
Days on Market54
Property Features for 21905-21907 Hickory Street
General Information
Standard status
Active
Size
9,421 SF
Property subtype
Retail
Occupancy
100%
Net Operating Income
$50,993
Building Details
Building Size
9,421 SF
Year Built
2003
Tenancy
Multi
Listing Agency:
Exclusive Realty
(248) 971-3824
Listed By:
Daniel Garmo · License #6502426558
(248) 971-3824
Source:
Exclusive-realty
Added: Jun 25
Changed: Aug 14
Last Checked: Aug 17 at 5:09AM
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 Exclusive Realty
Investment Insights
Based on property information with market context.
This is a multi-tenant Dollar General retail store offered on a modified NNN lease structure, designed to keep landlord responsibilities minimal. The property includes a Dollar General tenant and a second tenant occupying approximately 14% of the building. The second tenant is a non-profit that accepts donations of clothing and food and distributes them to those in need. Dollar General is currently in the process of remodeling the store, with the intent of updating customer-facing amenities and services.
Located at 21905-21907 Hickory Street in Woodburn, Indiana, the site is presented as a long-term operating location for a nationally recognized retail brand. The offering materials note Dollar General’s established national footprint and the company’s stated investment-grade credit rating of “BBB.”
For tenants, buyers, or operators evaluating net-leased retail, this configuration may appeal for its straightforward, multi-tenant setup and clear expense allocation described in the lease terms. According to the offering, the tenant pays CAM, insurance, utilities, and snow removal in the rent, aligning operating costs with the occupant. The in-progress Dollar General remodel may also support continued retail presence at the site.
Located at 21905-21907 Hickory Street in Woodburn, Indiana, the site is presented as a long-term operating location for a nationally recognized retail brand. The offering materials note Dollar General’s established national footprint and the company’s stated investment-grade credit rating of “BBB.”
For tenants, buyers, or operators evaluating net-leased retail, this configuration may appeal for its straightforward, multi-tenant setup and clear expense allocation described in the lease terms. According to the offering, the tenant pays CAM, insurance, utilities, and snow removal in the rent, aligning operating costs with the occupant. The in-progress Dollar General remodel may also support continued retail presence at the site.
Key Highlights
- Multi‑tenant retail site at 21905–21907 Hickory Street, Woodburn, IN, built in 2003
- Dollar General location currently under remodeling for modern amenities and services
- Second tenant is a non‑profit donor‑collection tenant taking donations of clothing and food
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
82
Businesses Nearby
8k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Dollar General
Shops & Services
4,186 visits/mo
0.1 miles
Marathon
Shops & Services
2,669 visits/mo
0.1 miles
Partners Federal Credit Union
Shops & Services
1,072 visits/mo
0.4 miles
Demographics for 46797, IN
4,008
Population
1,422
Households
2.8
Avg Household Size
37
Median Age
16%
College-Educated
89%
High-School Grad
49.8 sq mi
ZIP Area
80
Density / Sq Mi
$92,000
Median Household Income
$44,218
Median Earnings
$985
Median Rent
$222,700
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Retail space - Modified NNN retail with an active Dollar General under remodeling, plus a non-profit donor-collection tenant.
Where is this retail space located?
The property is located at 21905-21907 Hickory Street Woodburn, IN.
What is the lease rate?
The lease rate is $599,926.
What are key features of this property?
This property features: Multi‑tenant retail site at 21905–21907 Hickory Street, Woodburn, IN, built in 2003; Dollar General location currently under remodeling for modern amenities and services; Second tenant is a non‑profit donor‑collection tenant taking donations of clothing and food
