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Multi-Tenant Dollar General Retail Center
New
For Sale
$599,926

21905-21907 Hickory Street, Woodburn, IN 46797

Retail property with a Dollar General anchor, a second occupant, and ongoing store remodeling.

Property Size9,421 SF
Days on Market2

Property Features for 21905-21907 Hickory Street

General Information

Standard status Active
Size 9,421 SF
Property subtype Retail - Strip

Additional Details

Highway Access Yes

Building Details

Building Size 9,421 SF
Year Built 2003
Year Renovated 2024
Tenancy Multi
Listing Agency: Exclusive Realty
Listed By: Daniel Garmo · License #6501456145
Source: Commercialcafe
Added: Sep 1 Last Checked: Sep 1 at 9:02PM

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 multi-tenant retail property at 21905-21907 Hickory Street includes a Dollar General store and a second occupant using 14% of the building. The additional tenant is a nonprofit organization that collects clothing and food donations for distribution to people in need. Dollar General is remodeling the store to add modern amenities and services, supporting continued use of the premises by an established national retailer. The store’s parent brand operates more than 17,000 locations across the United States and carries a BBB credit rating described as investment-grade.

The property was built in 2003 and is located in Woodburn, Indiana, adjacent to U.S. Route 24. Its position provides access to a major transportation route and places the retail center within the Allen County community.

Key Highlights

  • Dollar General occupies the primary retail space
  • Second tenant uses 14% of the building
  • Nonprofit tenant accepts clothing and food donations for community distribution

Property Analytics

Current Use

Strip malls

Suggested Use

Top Pick HVAC Service Plumbing Service Real Estate Agency (Bike/Boat/Book/etc) Store Pharmacy Hair Salon

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

Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

82
Businesses Nearby
8k
Monthly Visits Nearby

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

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?
Strip mall - Retail property with a Dollar General anchor, a second occupant, and ongoing store remodeling.
Where is this strip mall located?
The property is located at 21905-21907 Hickory Street Woodburn, IN.
What is the asking price?
The asking price for this property is $599,926.
What are key features of this property?
This property features: Dollar General occupies the primary retail space; Second tenant uses 14% of the building; Nonprofit tenant accepts clothing and food donations for community distribution
More about this property
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