Multi-Tenant Dollar General
21905-21907 Hickory Street Woodburn, IN 46797
21905-21907 Hickory Street, Woodburn, IN, 46797
$599,926 SF/Yr
For Lease
$599,926 SF/Yr
Modified NNN retail with an active Dollar General under remodeling, plus a non-profit donor-collection tenant.
Days on Market28
Property Features for 21905-21907 Hickory Street
General Information
- Standard status
- Active
- Property subtype
- Retail
Building Details
- Year Built
- 2003
Listing agency
Exclusive Realty
(248) 971-3824
Listed by
Daniel Garmo · License #6502426558
(248) 971-3824
Source
Exclusive-realty
Added: Jun 25 Updated: Jul 10 at 2:06PM Checked: Jul 22 at 4:09AM
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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
Location Intelligence
Current Use by Public Records
Retail space
FAQs
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